ZIP Code 11023 -- Great neck, NY

Nassau | 2024 American Community Survey Data

Key Insights

  • Households here earn 1.9x the national median income — placing this ZIP code in the top tier of American prosperity.
  • Home prices are 8.1x the local median income — well above the recommended 3-5x ratio, suggesting a very expensive housing market.
  • With 63.38% holding a bachelor's degree or higher, this is one of the most highly educated ZIP codes in the country (national average: 33.7%).
  • 83.03% of housing units are owner-occupied — indicating a stable, established neighborhood with strong homeownership.
  • Homes here cost 4.1x the national median — if the national median home were a Toyota Camry, homes here would be a luxury SUV.

Quick Overview

Population
9,630
Unknown
Median Income
$141,003
Home Value
$1,143,400
Median Rent
$1,522
Median Age
39.30
Diversity Index
39.00
Low
Cost of Living
295.8
very high
Unemployment
2.8%

About ZIP Code 11023

ZIP code 11023 in Great Neck, New York is a unknown area with a population of 9,630. The median household income is $141,003, which is This is 88% above the national median of $75,000.. The median home value is $1,143,400, representing a price-to-income ratio of 8.1x . The cost of living is very high with an index of 295.8 (the national average is 100). Residents have a median age of 39.30 years. Approximately 63.4% of adults hold a bachelor's degree or higher. This ZIP code is located in Nassau, NY.

Population & Age

Total Population
9,630
Median Age
39.30
Male Population
5,007
52.0%
Female Population
4,623
48.0%
Density Classification
Unknown

Age Distribution

Race & Ethnicity

Diversity Index
39.00 Low
White
78.7%
Black or African American
1.3%
Hispanic or Latino
2.3%
Asian
12.5%
Native American
0.0%
Pacific Islander
0.0%
Two or More Races
3.7%
Other Race
3.8%

Racial Composition

Income & Economy

Median Household Income
$141,003
Mean Household Income
$195,376
Per Capita Income
$64,950
Below Poverty Line
5.4%

This is 88% above the national median of $75,000.

Income Distribution

Housing

Median Home Value
$1,143,400
Median Rent
$1,522
Total Housing Units
3,387
Occupied Units
3,159
Vacant Units
228
6.7% vacancy
Median Year Built
1952
Owner Occupied
83.0%
Renter Occupied
17.0%
Price-to-Income Ratio 8.1x

Housing is expensive relative to income

Ownership vs Rental

Owner 83.0% Renter 17.0%

Education

High School Diploma or Higher 92.0%
Bachelor's Degree or Higher 63.4%
Graduate or Professional Degree 33.6%

Employment & Commuting

Civilian Labor Force
3,812
Employment Rate
97.2%
Unemployment Rate
2.8%
Mean Commute Time
N/A

How People Get to Work

Drive Alone
50.1%
Carpool
7.3%
Public Transit
19.0%
Work from Home
16.6%

Cost of Living Index

295.8
very high

The cost of living in ZIP code 11023 is 195.8% above the national average of 100.

0 National Avg (100) 200

Compare 11023 with:

Compare 11023 with Another ZIP Code

Nearby ZIP Codes

Other ZIP Codes in Great Neck

ZIP Code Population Median Income Home Value
11021 19,783 $120,230 $662,000
11020 5,676 $167,148 $1,132,200

Other ZIP Codes in Nassau

ZIP Code City Population Median Income
11550 Hempstead 60,960 $92,677
11758 North massapequa 54,375 $154,110
11590 Westbury 47,599 $152,960
11003 Alden manor 45,174 $124,115
11520 Freeport 44,910 $121,748
11580 Valley stream 43,092 $137,402

Frequently Asked Questions about ZIP Code 11023

ZIP code 11023 (Great neck, NY) has a total population of 9,630 according to the 2024 American Community Survey. The median age is 39.30 years.

The median household income in ZIP code 11023 is $141,003 per year, based on 2024 Census Bureau data. This is 88% above the national median of $75,000.

ZIP code 11023 is primarily located in Great neck, New York (NY). It falls within Nassau County.

The median home value in ZIP code 11023 is $1,143,400, based on the 2024 American Community Survey 5-year estimates. The median monthly rent is $1,522.

The median age in ZIP code 11023 is 39.30 years, compared to the national median of 38.9 years. This makes the area older than the national average.

ZIP code 11023 has a cost of living index of 295.75 (national average = 100). This means the cost of living is very high compared to the national average.

In ZIP code 11023, 63.38% of adults (25+) hold a bachelor's degree or higher, compared to the national average of 33.7%. 33.57% hold a graduate or professional degree.

The unemployment rate in ZIP code 11023 is 2.78%, which is below the national average of 3.6%. About 16.61% of workers work from home.

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Data sourced from the 2024 American Community Survey (U.S. Census Bureau). Learn more about our data sources.