Great Neck, NY — income, home value, property tax, and sales tax.
In ZIP code 11001, near Great Neck, homes carry a median value of $765,000, and the county-level effective property tax rate of 1.46% translates into a substantial annual bill for owners. Households here earn a median of $150,000, with per-capita income at $62,996, so the tax load is shouldered against genuinely high earnings. Sales tax adds 8.62% to purchases. Whether that property tax feels heavy depends on how long a buyer has owned and how much equity they hold, since rising assessments can outpace income growth even where earnings are strong.
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