Old Westbury is a very small village located in the state of New York. With a population of 4,743 people and two constituent neighborhoods, Old Westbury is the 342nd largest community in New York.
Old Westbury home prices are not only among the most expensive in New York, but Old Westbury real estate also consistently ranks among the most expensive in America.
Old Westbury is a decidedly white-collar village, with fully 96.00% of the workforce employed in white-collar jobs, well above the national average. Overall, Old Westbury is a village of professionals, sales and office workers, and managers. There are especially a lot of people living in Old Westbury who work in sales jobs (17.30%), healthcare (17.02%), and management occupations (15.67%).
One interesting thing about the economy is that relatively large numbers of people worked from their home: 8.27% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Old Westbury is a small town with a large college student population. Because of this, there is a real youthful, hip vibe to the place, and much of the life in the town is centered on the college. This has helped Old Westbury to buck the trend of other small towns that have suffered declining populations over the past 20 to 30 years. Spending by students, and faculty and staff jobs, are a big part of the local economy.
Because of many things, Old Westbury is a great place for families with children to consider. First of all, many other families with children live here, making Old Westbury a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The village’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Old Westbury has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Old Westbury’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.
In Old Westbury, a lot of people use the train to get to work every day though Old Westbury is a relatively small village. Those that ride the train are primarily traveling out of town to good jobs in other cities.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Old Westbury. 74.30% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Old Westbury in 2010 was $75,962, which is wealthy relative to New York and the nation. This equates to an annual income of $303,848 for a family of four.
Old Westbury is an extremely ethnically-diverse village. The people who call Old Westbury home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Old Westbury residents report their race to be White, followed by Asian. Important ancestries of people in Old Westbury include Russian, Polish, German, and Irish.
In addition, Old Westbury has a lot of people living here who were born outside of the US (21.80%).
The most common language spoken in Old Westbury is English. Other important languages spoken here include Chinese and Spanish.