ZIP Code 11501

Homes in the Great Neck area ZIP code 11501 carry a median value of $655,500, 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 $137,665, while per-capita income sits at $66,755, giving many buyers the means to absorb that cost, though the gap between home prices and earnings still shapes who can purchase. Sales taxes add 8.62% to most purchases. Property taxes on a median-valued home would run roughly in line with what these income levels can support, but the combination of high values and the 1.46% rate keeps ownership costly.