History and Background

New Hyde Park has a rich history dating back to 1683 when Thomas Dongan was granted an 800-acre parcel of land. Key historical points include:

• Originally known as “Dongan’s Farm”
• Renamed Hyde Park in 1715 by George Clarke
• Changed to New Hyde Park in 1871 when the post office opened
• Incorporated as a village in 1927

Demographics

As of the 2020 census, New Hyde Park’s demographics include:

• Population: 10,257
• Racial Composition:
  • White: 51.43%
  • Asian: 28.51%
  • Other race: 10.07%
  • Two or more races: 7.44%
  • Black or African American: 1.08%
• Hispanic or Latino origin (of any race): 19.11%
• Foreign-born population: 30.84%

Real Estate Market

As of August 2024, New Hyde Park’s real estate market shows:

• Median Sale Price: $765,000 (down 12.1% from last year)
• Median Price Per Square Foot: $609 (up 8.0% from last year)
• Average Days on Market: 36 days
• Market Competitiveness: Somewhat competitive (Redfin Compete Score of 62 out of 100)

Education

New Hyde Park is served by several school districts, including:

• New Hyde Park-Garden City Park Union Free School District
• Sewanhaka Central High School District
• Herricks Union Free School District

The community is known for its strong emphasis on education, with 47.99% of adults holding a bachelor’s degree or higher.

Economy and Employment

New Hyde Park offers a diverse economic landscape:

• Per capita income: $60,050 (as of 2022)
• Median household income: $144,375
• Strong presence in computers and math-related professions
• High rate of home-based workers (13.47% of the workforce)

Community and Lifestyle

New Hyde Park offers residents:

• Strong sense of community with various local events
• Pedestrian-friendly neighborhoods
• Excellent public transit options, including LIRR service
• Average commute time: 36.31 minutes
• Low crime rates and safe neighborhoods
• Proximity to New York City for urban amenities

Notable Features

• Home to the first Carvel Ice Cream store, opened in 1934
• Diverse dining options and local businesses
• Proximity to major shopping centers and medical facilities
• Historical landmarks and architecture

Conclusion

New Hyde Park, NY, offers a unique combination of suburban charm and urban accessibility. Its diverse community, strong education system, and family-friendly atmosphere make it an attractive destination for residents seeking a high quality of life on Long Island. Whether you’re drawn to its historical significance, convenient location, or strong sense of community, New Hyde Park provides a distinctive living experience in the New York metropolitan area.