ZIP Code 11557

In ZIP code 11557, near Great Neck, homes carry a median value of $776,400, 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 $176,274, with per-capita income at $69,716, giving many buyers the means to absorb that cost even as prices run high. Sales tax in the area totals 8.62%, adding to everyday expenses. The relationship between elevated home values and a nearly 1.5% tax rate keeps carrying costs significant, though local earnings help offset the weight.