Great Neck, NY — income, home value, property tax, and sales tax.
ZIP code 11003, centered on Great Neck, sits firmly in affluent territory. A median household income of $124,115 and per-capita income of $40,696 place it well above national norms, while a median home value of $599,000 signals strong demand in this part of Nassau County. That price level brings a county-level effective property tax rate of 1.46%, a meaningful annual cost for owners of higher-value homes. Add an 8.62% combined sales tax rate, and the overall tax load runs high here — the trade-off for living in a well-off Long Island community where both incomes and housing costs are elevated.
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