Small Business in Hempstead

The city's median age is 37, and the average household size is 3.33, indicating a mix of young professionals, families, and retirees contributing to local economic activity. The median household income stands at $82,454, reflecting the community’s purchasing power and potential demand for various services. Hempstead supports a diverse small business ecosystem, this particular report covers 26 home service industries, with 6025 operating businesses.

Industries overview
Number of companies by home service industry in Hempstead
New websites
469
+8.82%
in 2024 compared to 2023
Total websites
4,920
+10.66% (+469)
increase from 2023 to 2024
New franchise locations
New home service franchise locations in Hempstead
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