Lawrence, NY Profile: Facts & Data

Lawrence, New York - Basic Facts

The Village of Lawrence had a population of 6,703 as of July 1, 2024.

The primary coordinate point for Lawrence is located at latitude 40.6157 and longitude -73.7296 in Nassau County. The formal boundaries for the Village of Lawrence encompass a land area of 3.72 sq. miles and a water area of 0.91 sq. miles. Nassau County is in the Eastern time zone (GMT -5).

The Village of Lawrence 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 Lawrence is located within Town of Hempstead, a minor civil division (MCD) of Nassau County.

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Lawrence, NY Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	6,703 (100%)
Population in Households	6,682 (99.7%)
Population in Families	6,033 (90.0%)
Population in Group Quarters¹	21 ( 0.3%)
Population Density	1,803
Diversity Index²	28


INCOME
Median Household Income	$185,526
Average Household Income	$248,489
% of Income for Mortgage⁴	49%
Per Capita Income	$82,389
Wealth Index⁵	262
Socioeconomic Status Index⁶	High (71.9)

HOUSING
Total HU (Housing Units)	2,480 (100%)
Owner Occupied HU	1,813 (73.1%)
Renter Occupied HU	409 (16.5%)
Vacant Housing Units	258 (10.4%)
Median Home Value	$1,450,306
Average Home Value	$1,395,236
Housing Affordability Index³	43

HOUSEHOLDS
Total Households	2,222
Average Household Size	3.01
Family Households	1,624
Average Family Size	4.00

HOUSING

Total HU (Housing Units)

2,480 (100%)

Owner Occupied HU

1,813 (73.1%)

Renter Occupied HU

409 (16.5%)

Vacant Housing Units

258 (10.4%)

Median Home Value

$1,450,306

Average Home Value

$1,395,236

Housing Affordability Index³

HOUSEHOLDS

Total Households

2,222

Average Household Size

3.01

Family Households

1,624

Average Family Size

4.00

NOTES

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.
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.
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.
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).
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.
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	2020-2025	2025-2030
Population	-0.30%	-0.16%
Households	0.32%	0.12%
Families		0.04%
Median Household Income		2.21%
Per Capita Income		1.75%
Owner Occupied HU		-0.03%

GROWTH RATE / YEAR

2020-2025

2025-2030

Population

-0.30%

-0.16%

Households

0.32%

0.12%

Families

0.04%

Median Household Income

2.21%

Per Capita Income

1.75%

Owner Occupied HU

-0.03%

Lawrence, NY - Peer Comparisons by Rank and Percentile

The table below compares Lawrence to the other 1,293 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	# 290	78th
Population Density	# 457	65th
Median Household Income	# 82	94th
Housing Affordability Index	# 105	8th
Per Capita Income	# 121	91st
Diversity Index	# 766	41st

Variable Description

Rank

Percentile

Total Population

# 290

78th

Population Density

# 457

65th

Median Household Income

# 82

94th

Housing Affordability Index

# 105

8th

Per Capita Income

# 121

91st

Diversity Index

# 766

41st

New York Census Data Comparison Tool

Lawrence, NY Profile: Facts & Data

Lawrence, New York - Basic Facts

Lawrence, NY Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Lawrence, NY - Peer Comparisons by Rank and Percentile

Lawrence, NY - Most Popular Things to Do

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