What is the Best Neighborhoods USA ranking for Great Neck Estates?
Great Neck Estates is ranked #6 of 13 eligible neighborhoods in Great Neck; #25 of 418 eligible neighborhoods in NY; and #1,208 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Great Neck Estates
Great Neck, NY | Nassau County
Scored premium profile
Best Neighborhoods USA Index
70.8
Stability and Strength
76.2
Value Opportunity
46.1
Momentum
97.0
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Great Neck, NY |
| County | Nassau County |
| National rank | #1,208 of 14,967 |
| State rank | #25 of 418 |
| City rank | #6 of 13 |
| County rank | #8 of 17 |
| National percentile | 91.9 |
| National band | TOP_10_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $2,348,676 |
| Year-over-year home value change | 11.2% |
| Month-over-month home value change | 0.82% |
| Home value to income ratio | 19.61 |
| Median household income | $119,752 |
| Bachelor's degree or higher | 70.0% |
| Civilian unemployment rate | 3.5% |
| Homeownership rate | 88.7% |
| Housing vacancy rate | 6.6% |
| Rent burden 30% or higher | 40.2% |
How to read this profile
- Ranks are always shown with denominators.
- Momentum reflects both year-over-year and month-over-month housing change.
- Stability and Strength and Value Opportunity are governed composite scores.
- Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers
Questions About Living in Great Neck Estates
Is Great Neck Estates one of the best neighborhoods in Great Neck?
Great Neck Estates has a Best Neighborhoods USA Index of 70.8 and a city ranking of #6 of 13 eligible neighborhoods in Great Neck.
How much are homes worth in Great Neck Estates?
The current Zillow Home Value Index for Great Neck Estates is approximately $2,348,676.
Are home values rising or falling in Great Neck Estates?
Zillow neighborhood values changed 11.2% year over year and 0.82% month over month.
What is the Neighborhood Momentum Score for Great Neck Estates?
Great Neck Estates has a Neighborhood Momentum Score of 97.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Great Neck Estates?
The NDS-derived neighborhood median household income is approximately $119,752.
How affordable is Great Neck Estates relative to household income?
The current Zillow home-value-to-household-income ratio is 19.61. Price-to-income affordability is a major Value Opportunity input.
Is Great Neck Estates primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 88.7%.
What is the unemployment rate in Great Neck Estates?
The NDS-derived civilian unemployment rate is approximately 3.5%.
How educated are residents of Great Neck Estates?
Approximately 70.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Great Neck Estates face high rent burden?
Approximately 40.2% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.
How does Best Neighborhoods USA score Great Neck Estates?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.
Governed ranking context
How this neighborhood ranks
HMDA Mortgage Intelligence
Neighborhood Mortgage Market
Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.
Activity year2024
Estimated applications78
Estimated originations44
Home-purchase applications37
Origination rate56.0%
Home-purchase share47.1%
Average application loan$967,598
Total application loan amount$75,417,911
National application rank#5,338 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 9.9% YoY; originations 13.0% YoY
Mortgage methodology
HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.