ZIP Code 11554

With a median household income of $133,971 in ZIP code 11554, households in the Great Neck area earn well above what many American families bring in, and a per-capita figure of $55,375 reinforces that strength. Housing costs tell a parallel story: the median home value sits at $631,800, and the county-level property tax rate of 1.46% means owners pay a substantial sum each year on that assessed value. Add an 8.62% combined sales tax on everyday purchases, and the budget picture here leans heavily on income to absorb both ongoing consumption costs and one of the region's larger recurring obligations — the annual property tax bill.