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Laurel Hollow, NY Profile: Facts & Data

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Laurel Hollow, New York - Basic Facts

The Village of Laurel Hollow had a population of 1,921 as of July 1, 2024.

The primary coordinate point for Laurel Hollow is located at latitude 40.8568 and longitude -73.4696 in Nassau County. The formal boundaries for the Village of Laurel Hollow encompass a land area of 2.96 sq. miles and a water area of 0.2 sq. miles. Nassau County is in the Eastern time zone (GMT -5).

The Village of Laurel Hollow has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Village of Laurel Hollow is located within Town of Oyster Bay, a minor civil division (MCD) of Nassau County.


Jump to... (On This Page!)
  1. Laurel Hollow 2024 Demographic Data
  2. Growth Rates for Laurel Hollow (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. New York Research Tools (Easy Tools & Current Data)
  3. New York Data Comparison Tool - 2024 Demographics
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Laurel Hollow, NY Data & Demographics (As of July 1, 2024)

POPULATION

Total Population 1,921 (100%)
Population in Households 1,878 (97.8%)
Population in Families 1,759 (91.6%)
Population in Group Quarters1 43 ( 2.2%)
Population Density 650
Diversity Index2 41
 
 

INCOME

Median Household Income $200,001
Average Household Income $327,669
% of Income for Mortgage4 46%
Per Capita Income $99,480
Wealth Index5 355
Socioeconomic Status Index6 High (69.3)
 

HOUSING

Total HU (Housing Units) 625 (100%)
Owner Occupied HU 542 (86.7%)
Renter Occupied HU 41 ( 6.6%)
Vacant Housing Units 42 ( 6.7%)
Median Home Value $1,478,070
Average Home Value $1,599,493
Housing Affordability Index3 47
 

HOUSEHOLDS

Total Households 583
Average Household Size 3.22
Family Households 500
Average Family Size 4.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

 2020-2024 2024-2029
Population -0.23% -0.03%
Households -0.44% -0.14%
Families   0.04%
Median Household Income   0.00%
Per Capita Income   1.32%
Owner Occupied HU   -0.22%

Laurel Hollow, NY - Peer Comparisons by Rank and Percentile

The table below compares Laurel Hollow to the other 1,292 incorporated cities, towns and CDPs in New York by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 642 50th
Population Density # 867 33rd
Median Household Income # 22 97th
Housing Affordability Index # 134 10th
Per Capita Income # 26 98th
Diversity Index # 533 59th

Additional comparisons and rankings can be made with a VERY EASY TO USE New York Census Data Comparison Tool.

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