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Nassau County, NY

RANK #102 / 996  ·  POP 1,389,160  ·  NY

PROJECTED GROWTH: +2.9%

Nassau County ranks among the top U.S. counties across nearly every economic indicator.

[01] Why Nassau County?

Garden City, a meticulously planned community with tree-lined streets and stately homes, offers a glimpse into Nassau County's distinctive character. Located on Long Island, immediately east of New York City, Nassau County provides a suburban environment with convenient access to urban amenities. Commute times to Manhattan via the Long Island Rail Road can be as short as 40 minutes from some western Nassau stations, with the recent addition of Grand Central Madison providing East Side access. The county boasts numerous parks and preserves, including the 930-acre Eisenhower Park and the coastal Jones Beach State Park, offering extensive outdoor recreation opportunities.

Life in Nassau County often appeals to families, drawn by highly-rated public school districts such as North Shore, Manhasset, and Garden City. The economy is driven by sectors like healthcare, social assistance, and retail trade. Recent economic developments include increased investment in residential and commercial construction, partly fueled by a demand for suburban living from those with remote work flexibility. The county also focuses on supporting its non-profit sector, including social services, healthcare, and education.

[02] Market Snapshot

Housing Ratio
8.7x

Overvalued relative to economy

GDP Growth
+0.1%

Well below national median

Home Prices
+4.5%

Outpacing national median

Climate & Terrain
0.8

Moderate climate & terrain

Price/Rent
15x

Above national median (13x)

Housing looks overvalued at 8.7x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Nassau County U.S. National

The Numbers

DEMOGRAPHICS
Population
1,389,160
-0.18% YoY
Median Household Income
$137,709
Median Home Value
$633,800
+4.45% 12mo
Median Rent
$2,131
Average Annual Pay
$77,454
+3.4% YoY
Employment
631,563
+1.1% YoY
Income-to-Home-Value
0.2173
Near national average
Migration Inflow
2.77%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$815,000
Days on Market
44
Moderate pace
Months of Supply
2.8
Seller's market
Sale-to-List Ratio
99.7%
Near asking price
Sold Above List
40.4%
Listings w/ Price Drops
10.6%
Building Permits (2024)
830
Single-Family Permits
607

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$1,760M
TOTAL
PROJECT AMOUNT STATUS
Nassau Hub Redevelopment
BSE Global & RXR Realty
$1,000M Planned
County Capital Infrastructure Plan (2026-2029)
Nassau County
$430M Approved
Nassau Financial Group Strategic Partnership (Golub Capital)
Nassau Financial Group & Golub Capital
$200M Completed
Nassau Financial Group Strategic Partnership (Fortress Investment Group)
Nassau Financial Group & Fortress Investment Group
$130M Completed

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +0.1% 8 percentile
Population Growth -0.2% 21 percentile
Income Growth +8.8% 58 percentile
Vacancy Rate 0.8% 79 percentile
Home Price Change +4.5% 87 percentile
Rent Growth +5.0% 79 percentile
Price/Rent 15x 35 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Nassau County, NY a good place to move to?

Nassau County has a Boom Town Index score of 90/100, ranking #102 among 996 U.S. counties. With job growth at +1.1% and a median household income of $137,709, it's an above-average county on economic indicators.

Is Nassau County affordable?

The median home value in Nassau County is $633,800 with median rent at $2,131/month. The income-to-home-value ratio is 0.2173, which is less affordable than the national average.

Is Nassau County growing or shrinking?

Population growth: -0.2% year-over-year. Job growth: +1.1%. Home values changed +4.5% in the past 12 months.

Are people moving to Nassau County?

Yes — 2.77% of Nassau County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

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