Living in Great Neck, New York

Cost of living, income, home prices, rent and demographics of Great Neck · Census data 2020–2024

Great Neck has 11,087 residents with a median age of 38.6. The median household income is $137,981 (60% higher than the New York median), the median home value is $968,500, the median rent is $1,807/month.

Great Neck at a glance

Population
11,087
Median age
38.6State: 39.8
Median household income
$137,981State: $85,974
Median home value
$968,500State: $423,800
Median rent
$1,807/moState: $1,621
Homeowners
70.6%
Bachelor's degree or higher
53.2%
Average commute
39 min

Is Great Neck a good place to live?

Pros: Median household income 60% higher than the New York median; a poverty rate of 6.6%.

Cons: Home values 129% higher than the state median; an average commute of 39 minutes; unemployment of 6.7%.

The weather is best in May–June and August–September.

Cost of living in Great Neck

Housing is the biggest part of the cost of living. In Great Neck the median home value is $968,500, 191% higher than the U.S. median. Renters pay a median of $1,807 per month, which is 33.6% of household income. Homeowners with a mortgage pay $4,001 a month in housing costs.

Median home value

Great Neck$968,500
New York$423,800
United States$332,700

Median monthly rent

Great Neck$1,807
New York$1,621
United States$1,413

Great Neck median household income

The median household income in Great Neck is $137,981 and the income per person is $56,971. 6.6% of residents live below the poverty line (New York: 14%).

Median household income

Great Neck$137,981
New York$85,974
United States$80,734

Housing in Great Neck: homes for sale and rent

Housing units
3,720
Owner-occupied
70.6%
Renter-occupied
29.4%
Vacant
7.4%Includes seasonal homes
Median year built
1952
Average household size
3.21

Great Neck demographics

Population
11,087
Median age
38.6
Under 18
31.2%
65 and older
21.1%
Households
3,443
Foreign-born
30.7%
Veterans
3.9%Adults 18+

Race and ethnicity

White73.4%
Hispanic or Latino10.2%
Black3%
Asian13.4%

Hispanic or Latino can be of any race. Population history of Great Neck ›

Education in Great Neck

53.2% of adults 25 and older in Great Neck have a bachelor's degree or higher (New York: 40.2%), and 25.3% have a graduate or professional degree.

Bachelor's degree or higher

Great Neck53.2%
New York40.2%
United States35.7%

Jobs and commute in Great Neck

Unemployment rate
6.7%State: 6.4%
Average commute
39 minState: 33 min
Work from home
14.2%
Drive alone
44.7%
Public transit
27%
Walk to work
5.9%
Homes with broadband
94.6%

Great Neck vs nearby towns

TownPopulationMedian incomeHome valueRent
Great Neck11,087$137,981$968,500$1,807
Great Neck Gardens1,492$136,092$1,289,200—
Saddle Rock Estates485$143,646$1,412,500—
Kensington1,189$220,625$1,550,500—
Saddle Rock1,190$175,625$1,733,600—
Kings Point5,634$211,299$1,981,000$3,501
Great Neck Plaza7,593$92,474$416,100$2,446
Great Neck Estates3,023$237,788$1,638,700$3,501
Harbor Hills458$149,107$1,698,900—

More for people moving to Great Neck

Great Neck ZIP code ›Weather and climate ›

Living in Great Neck: FAQ

What is the median household income in Great Neck, NY?

The median household income in Great Neck is $137,981, 60% higher than the New York median of $85,974 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Great Neck?

The median home value in Great Neck is $968,500, compared with $423,800 in New York.

How much is rent in Great Neck?

The median gross rent in Great Neck is $1,807 per month, about 33.6% of household income.

Is Great Neck, NY a good place to live?

Pluses: median household income 60% higher than the New York median; a poverty rate of 6.6%. Minuses: home values 129% higher than the state median; an average commute of 39 minutes; unemployment of 6.7%.

What is the median age in Great Neck?

The median age in Great Neck is 38.6 years (New York: 39.8).

How long is the commute in Great Neck?

The average commute to work in Great Neck is 39 minutes; 14.2% of workers work from home.

What is the unemployment rate in Great Neck?

The unemployment rate in Great Neck is 6.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Great Neck?

53.2% of adults in Great Neck have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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