Great Neck, NY — income, home value, property tax, and sales tax.
In ZIP 11050, which covers Great Neck, households bring in a median of $154,225 a year, with per-capita income at $86,008. Homes here carry a median value of $1,035,400, and the county's 1.46% effective property tax rate means owners face steep annual bills on that valuation. Add an 8.62% combined sales tax on purchases, and everyday spending takes a real bite. High earnings help offset these costs, but the gap between income and housing prices still shapes how far a paycheck stretches for families in this part of Long Island.
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