old-westbury

Old Westbury

Edward McNulty 0 Comments

Old Westbury

Old Westbury Real Estate, Homes for Sale

https://en.wikipedia.org/wiki/Old_Westbury,_New_York

Old Westbury is an incorporated village in Nassau County, New York. It is located on the North Shore of Long Island. It has two neighborhoods and is quite small, ranking and the 342nd largest community in the state. In 2007, Old Westbury was ranked as New York’s most expensive suburb by Business Week. In 2011, according to Bloomberg/Businessweek, Old Westbury was the 2nd richest town in the United States. It is a small town with a large population of college students from the New York Institute of Technology as well as those that attend the public four-year liberal arts college. The income from the colleges and their student bodies give the village an uncommon economic stability. Over 71% of adults in the community have four-year degrees or higher, which is more than three times the national average.   also a wealthy community compared to state and federal economic statistics.

It is an extremely diverse community ethnically and racially. Common ancestries include Asian, Italian, Russian, Iranian and more. Nearly 22% of residents of the community are foreign born. English remains the primary language, but is followed by Spanish, Chinese, Hindi and others. Though it is small, there is public transportation available, but commuter trains are the most common. The city was founded by Edmond Titus. It was an isolated Quaker community until the arrival of the railroad in 1836. It was incorporated when Old Westbury split from Westbury to become an independent community. It was incorporated in 1924, and slowly it grew into the rather luxurious suburban area that it is today.

The village spans 8.6 square miles of exclusively land area. The workforce is almost entirely white-collar, with over 95% of its workers holding/working white-collar positions/professions. In 2000, the population was 4,228 and the population density was 493.9 people per square mile. In the same year, the median household income was $163,046, the median family income was $184,298 and the per capita income was $72,932. By 2010, the population had risen to 4,671 and the per capita income had fallen to $69,322. In 2014 the population was 4,613. And then, in 2015 the estimated median household income was $172,762 and the estimated per capita income was $74,851. In the same year, the median house or condominium value was over $1,000,000, the mean housing price on all units was $572,425 and the median gross rent was $1,651,

The village is served by two school districts that are headquartered in the community, East Williston Union Free School District and Westbury Union Free School District. The district’s schools are located in Old Westbury and other surrounding communities such as Williston Park and Roslyn Heights. Local private schools include Catholic Day School and Holy Child Academy. The village is home to Old Westbury Gardens, this breathtaking public garden is ranked as one of the three best public gardens in the world. Homes for sale come in a variety of sizes and colors, but beauty and superbly maintained properties are all you will find here. Other real estate options include apartments and other rental properties and townhomes, condominiums and more for sale or lease. Whether you are searching or a family home or a place to retire, Old Westbury has it. Call local real estate agent Ed McNulty today at516-887-3603.


Property Listings

Property listings for Old Westbury.

        Market Analysis

        Market analysis data for Old Westbury.

        Real Estate Market

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        Area and Demographic Statistics

        This part graphically explains area and demographics stats for Old Westbury.

        Number of households 1,167
        Household Avg. Income 316,078
        Avg. year dwelling build 1971
        Avg. Property Tax
        Sale Count
        Population 4,785
        Population Density 612
        Median Age 39
        Average value of the dwelling in which household lives $968,106
        Avg. years a household has lived in dwelling. 20 years
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        Schools

        This part contains all educational institutions in Old Westbury.

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