Great Neck, NY — income, home value, property tax, and sales tax.
ZIP code 11783, centered on Great Neck, ranks among the wealthier corners of Long Island. Median household income reaches $176,993, and per-capita income sits at $66,820, both well above statewide norms. Homes carry a median value of $654,300, and the county-level effective property tax rate of 1.46% means owners pay a substantial share of that value each year. Add an 8.62% combined sales tax on purchases, and the cost of living here runs high. Affluent households absorb these taxes more easily than most, though the property levy still claims a meaningful slice of annual income.
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