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Great Neck Estates village, NY

ZIP 11021 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 11021

Median Home Value
$734,200
Median Rent
$2,144
Affordability Snapshot
$202,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$4,716/mo PITI).

21%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

6.0x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

28.5 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 11021 in Great Neck Estates village, NY, a household would need roughly $202,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $4,716. That is about 65% above the local median household income ($122,390), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
68.3%+4% vs US avg
x
Vacancy Rate
6.8%-34% vs US avg
x
Broadband Access
94.0%+8% vs US avg
x
4+ Bedrooms
8.4%-43% vs US avg
x
Built Pre-1939
12.4%-3% vs US avg
x
Built Post-2014
0.2%-97% vs US avg
x
Rent Burden >30%
29.3%-41% vs US avg
x
Mortgage-Free
48.1%+26% vs US avg
x
$734,200
Home Value
$2,144
Rent
1955
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached32.3%
  • 1-unit attached1.2%
  • 2-9 units7.8%
  • 10+ units58.4%
  • Mobile home & other0.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$734,200
Median rent$2,144
Owner-occupied68.3%
Vacant6.8%
Price-to-income6.0x
Est. income to buy$202,000