ZIP Code 11765 — Mill Neck, New York

The median home in 11765 is valued at more than $2,000,000 (the Census reporting ceiling) against a median household income of more than $250,000 (the Census reporting ceiling), a price-to-income ratio of at least 8.0. 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, 11765 ranks 63 of 67 ZIPs on affordability (1 = lowest ratio); the county median ratio is 4.9. Renting takes 16.8% of median household income (median rent $3,501 a month), under the 30% cost-burden threshold.

11765 ranks 1 of 1,572 statewide on median household income and 1 of 1,572 on median home value; its income is far above the $149,250 Nassau County median. 84% of households own their home, above the 80% statewide ZIP median, making this a majority-owner ZIP. 79% of adults hold a bachelor's degree or higher, far above the 31% median, and the poverty rate is 4.3%, far below the 9.9% statewide ZIP median and among the lowest in the state. Unemployment stands at 8.9%.

With 351 residents per square mile across 2.3 square miles of land, 11765 is far denser than the statewide ZIP median of 197 (rank 660 of 1,572). This is a low-density pattern of large lots, small towns or scattered subdivisions.