ZIP Code 11020 — Great Neck, New York

The median home in 11020 is valued at $1,155,600 against a median household income of $169,265, a price-to-income ratio of 6.8. That is far above the 2.9 median across the 1,572 New York ZIP codes with published housing data, and well past the 3.0 ratio that marks an attainable market nationally, so buying here on a local median income requires substantial savings or a second income. Within Nassau County, 11020 ranks 56 of 67 ZIPs on affordability (1 = lowest ratio); the county median ratio is 4.9. Renting takes 20.2% of median household income (median rent $2,845 a month), under the 30% cost-burden threshold.

11020 ranks 72 of 1,572 statewide on median household income and 39 of 1,572 on median home value; its income is above the $149,250 Nassau County median. 86% of households own their home, above the 80% statewide ZIP median, making this a majority-owner ZIP. 63% of adults hold a bachelor's degree or higher, far above the 31% median, and the poverty rate is 6.3%, below the 9.9% statewide ZIP median. Unemployment stands at 3.6%.

With 3,151 residents per square mile across 1.9 square miles of land, 11020 is far denser than the statewide ZIP median of 197 (rank 335 of 1,572). This is predominantly single-family residential with suburban street patterns.