Great Neck, NY — income, home value, property tax, and sales tax.
In Great Neck's 11509 ZIP code, homes carry a median value of $994,800, 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 $168,537, with per-capita income at $114,121, so the tax load is shouldered against unusually strong earnings. Sales tax in the area totals 8.62%. Whether that property tax feels heavy depends largely on how long a household has held its home and how its income compares with the median, since nearly million-dollar valuations amplify every fraction of a percentage point.
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