How much is a home worth in ZIP code 11550?

The typical home in 11550 is worth $634,163, based on the Zillow Home Value Index.

Are home values rising in 11550?

Home values in 11550 are up 4.4% over the past year, and up 6.7% a year over five years.

What is the typical rent in 11550?

A typical home in 11550 rents for about $3,564 a month, a gross rental yield of 6.7%.

What is the property tax rate in 11550?

The effective property tax rate in 11550 is 2.3% — roughly $14,555 a year on a typical home.

ZIP code 11550 has a population of 60,960 and a median household income of $92,677.

HousingHandbookReference data

…

U.S. ZIP Code · NY11550

Nassau County · New York-Newark-Jersey City, NY-NJ

Typical home value

$634,163^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +4.4%
5-year / yr: +6.7%
10-year / yr: +7.7%

Relative price

vs U.S.: +123.2%
vs metro: -13.1%
vs state: +99.0%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 11550 is worth $634,163 — 13.1% below the New York-Newark-Jersey City, NY-NJ median. Over the past year, values have risen 4.4%. Homes here rent for a typical $3,564 a month — a 6.7% gross rental yield. The effective property tax rate is 2.3%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $3,564^[2]
Gross yield: 6.7%^[2]
Cap rate: 4.0%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 2.3%^[3]
Typical annual tax: $14,555^[3]

#Climate risk

FEMA National Risk Index ratings for Nassau County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Relatively High
Coastal flood: Very High
Wildfire: Very Low
Drought: Very Low
Heat wave: Relatively Moderate
Hurricane: Relatively High
Tornado: Relatively Moderate
Earthquake: Relatively Moderate
Winter weather: Very High

#Who lives here

Population: 60,960^[3]
Median household income: $92,677^[3]

#Migration

Household moves in and out of Nassau County over a year, from IRS tax-return data.

Net migration: -6,520^[5]
Moved in: 26,711
Moved out: 33,231

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 12
Elementary: 7
Middle: 2
High: 1

HEMPSTEAD HIGH SCHOOL
High · Grades 9–12 · HEMPSTEAD UNION FREE SCHOOL DISTRICT
1,984 students
ACADEMY CHARTER SCHOOL
Other · Grades K–12 · ACADEMY CHARTER SCHOOL
1,895 students
EVERGREEN CHARTER SCHOOL
Other · Grades K–12 · EVERGREEN CHARTER SCHOOL
1,088 students
ALVERTA B GRAY SCHULTZ MIDDLE SCHOOL
Middle · Grades 7–10 · HEMPSTEAD UNION FREE SCHOOL DISTRICT
900 students
RHODES ACADEMY OF HUMANITIES AND THE ARTS
Elementary · Grades K–6 · HEMPSTEAD UNION FREE SCHOOL DISTRICT
756 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield6.7%

Net yield (after ~40% expenses)4.0%

Annual rent$42,773

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$3,207

Loan principal$507,331

Down payment$126,833

Total interest paid$647,072

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.39

Monthly cost to own$4,951

Monthly rent$3,564

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 62nd percentile^[1]
Rental yield: 88th percentile^[2]
Property tax: 91st percentile^[3]

Frequently asked

How much is a home worth in ZIP code 11550?: The typical home in 11550 is worth $634,163, based on the Zillow Home Value Index.
Are home values rising in 11550?: Home values in 11550 are up 4.4% over the past year, and up 6.7% a year over five years.
What is the typical rent in 11550?: A typical home in 11550 rents for about $3,564 a month, a gross rental yield of 6.7%.
What is the property tax rate in 11550?: The effective property tax rate in 11550 is 2.3% — roughly $14,555 a year on a typical home.
Who lives in 11550?: ZIP code 11550 has a population of 60,960 and a median household income of $92,677.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

07621 vs 11550 →
Bergenfield, NJ
Typical home
$634,278
Gross yield
—
11742 vs 11550 →
Holtsville CDP, NY
Typical home
$633,933
Gross yield
6.2%
07033
Kenilworth, NJ
Typical home
$634,561
Gross yield
—
10302
New York, NY
Typical home
$634,643
Gross yield
6.0%
10989
Valley Cottage CDP, NY
Typical home
$635,016
Gross yield
—
08527
Vista Center CDP, NJ
Typical home
$635,018
Gross yield
6.0%

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#Jump to section

U.S. ZIP Code · NY11550

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