Malverne Park Oaks, NY Profile: Facts & Data

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Malverne Park Oaks, New York - Basic Facts

The Malverne Park Oaks Census Designated Place had a population of 516 as of July 1, 2019. Malverne Park Oaks ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in New York. See peer rankings below.

The primary coordinate point for Malverne Park Oaks is located at latitude 40.6326 and longitude -73.6701 in Nassau County. The formal boundaries for the Malverne Park Oaks Census Designated Place encompass a land area of 0.13 sq. miles and a water area of 0 sq. miles. Nassau County is in the Eastern time zone (GMT -5). The elevation is 10 feet.

The Malverne Park Oaks Census Designated Place (GNIS ID: 2390113) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Malverne Park Oaks Census Designated Place is located within Town of Hempstead, a minor civil division (MCD) of Nassau County.


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  1. Malverne Park Oaks 2019 Demographic Data
  2. Growth Rates for Malverne Park Oaks (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 - 2019 Demographics

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Malverne Park Oaks, NY Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Malverne Park Oaks, NY Housing Affordability Index is 129
State of New York Housing Affordability Index is 85
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.

WEALTH INDEX

Malverne Park Oaks, NY Wealth Index is 265
State of New York Wealth Index is 109
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.

These new demographic attributes are availiable for cities, Counties, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific New York address.

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POPULATION

Total Population 516
Population in Households 516
Population in Familes 450
Population in Group Qrtrs 0
Population Density 3,969
Diversity Index1 52
 

INCOME

Median Household Income $126,772
Average Household Income $150,602
Per Capita Income $55,802
Wealth Index3 265

HOUSING

Total Housing Units 190 (100%)
Owner Occupied HU 171 (90.0%)
Renter Occupied HU 13 ( 6.8%)
Vacant Housing Units 5 ( 2.6%)
Median Home Value $510,417
Housing Affordability Index2 129
 

HOUSEHOLDS

Total Households 185
Average Household Size 2.79
Family Households 142
Average Family Size 3
NOTES
  1. 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 race 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.
  2. 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.
  3. 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.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 0.23% 0.08%
Households 0.12% 0.0%
Families -0.94% 0.0%
Median Household Income   2.96%
Per Capita Income   2.17%

Malverne Park Oaks, NY - Peer Comparisons by Rank and Percentile

The table below compares Malverne Park Oaks to the other 1,195 incorporated cities, towns and CDPs in New York by rank and percentile using July 1, 2019 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 # 1014 15th
Population Density # 184 85th
Diversity Index # 236 80th
Median Household Income # 131 89th
Per Capita Income # 165 86th

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

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