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Great Neck Estates, New York Demographics & Population 2026

During the 2020–2024 ACS period, Great Neck Estates, New York had a total population of 3,023, the 495th largest village in New York, with a median household income of $237,788, which is 177% higher than the state average. The poverty rate is 5.7%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Great Neck Estates Quick Facts

Population 3,023
Median Household Income $237,788
Median Home Value $1,638,700
Poverty Rate 5.7%
Unemployment Rate 1.8%
Median Age 43.1 years
Homeownership Rate 94.7%
Affordability Ratio 6.9x
Bachelor's Degree or Higher 73.1%
High School Graduation Rate 94.5%
Diversity Index 53/100
Population 3,023 495th of 1,289
Median Income $237,788 top 10%
Poverty Rate 5.7% 54% lower than national
Median Home Value $1,638,700 top 10%

How Great Neck Estates Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population2,9683,023+1.9%
Median household income$211,875$237,788+12.2%
Median home value$1,670,600$1,638,700-1.9%

How Great Neck Estates Compares

Economy & Housing

Household Income Distribution

Under $25K 6.8%
$25K-$50K 4.0%
$50K-$100K 11.6%
$100K+ 77.6%
Detailed income brackets
Under $10K
4.0%
$10K-$15K
1.6%
$15K-$20K
0.7%
$20K-$25K
0.5%
$25K-$30K
0.0%
$30K-$35K
0.7%
$35K-$40K
0.5%
$40K-$45K
1.3%
$45K-$50K
1.5%
$50K-$60K
1.3%
$60K-$75K
3.2%
$75K-$100K
7.0%
$100K-$125K
4.7%
$125K-$150K
1.8%
$150K-$200K
15.2%
$200K+
55.9%

Employment

1.8% Unemployment Rate State: 6.4%|National: 5.2%
57.9% Labor Force Participation

Housing Overview

Owner 94.7%
Renter 5.3%
Affordability Index Expensive
6.9x home value to income ratio
Median gross rent $3,501/mo 17.7% of median household income annually

People & Demographics

Diversity Index

53out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 65 | National average: 61

Education

Great Neck Estates Rankings in New York

#495 Population of 1,289
#43 Median Income of 1,219
#80 Education of 1,288
#35 Home Value of 1,232

Other Cities in Nassau County

CityPopulationMedian IncomePovertyHome Value
Hempstead 58,801 $90,420 14.4% $459,500
Levittown 51,904 $146,068 4.7% $590,500
Freeport 44,088 $120,625 7.4% $505,900
Hicksville 43,780 $144,471 3.9% $634,100
Valley Stream 40,315 $133,190 5.5% $616,100
East Meadow 36,821 $133,971 6.4% $631,800
Elmont 36,518 $114,217 5.0% $602,900
Baldwin 34,994 $145,472 6.6% $593,800
Long Beach 34,756 $140,739 7.6% $696,400
Uniondale 33,148 $124,684 9.2% $539,000

Cities Similar to Great Neck Estates

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Chappaqua3,046$241,432$781,10079.8%1.1%
Brookville2,941$250,000+$2,000,000+79.0%4.5%
Lake Success2,829$244,079$1,555,00066.6%4.4%
Cold Spring Harbor3,220$250,000+$1,587,90076.7%1.5%
Brightwaters3,179$218,000$768,60062.6%0.2%

Population Overview

Great Neck Estates is a small community located in New York, within Nassau County. The total population is 3,023. It ranks as the 495th most populous out of 1,289 Census-designated places in New York.

Age Demographics

The median age in Great Neck Estates is 43.1 years. This is 8% higher than the state median of 39.8 years. With 28.7% of the population under 18, Great Neck Estates has a notably young demographic profile, suggesting a family-oriented community. 10.4% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Great Neck Estates is $237,788. This is 177% higher than the state median of $85,974. It is also 195% higher than the national median of $80,734. The poverty rate stands at 5.7%. This is 59% lower than the state poverty rate of 14.0%. The unemployment rate is 1.8%. This is 73% lower than the state rate of 6.4%. The median home value is $1,638,700. Housing costs are 287% higher than the state median of $423,800. The home-value-to-income ratio of 6.9x suggests that housing affordability is a significant concern for many residents. 94.7% of occupied housing units are owner-occupied. This homeownership rate is 74% higher than the state average of 54.4%.

Race & Ethnicity

The largest racial or ethnic group in Great Neck Estates is White (non-Hispanic), making up 65.3% of the population. Asian residents account for 20.4%. The Black or African American population (0.3%) is well below the state average of 13.4%. The Hispanic or Latino population (2.8%) is well below the state average of 19.8%. The Asian population is significantly higher than the state average (20.4% vs 9.0%).

Education

73.1% of residents aged 25 and older hold a bachelor's degree or higher. This places Great Neck Estates in the top 10% of all cities in the state for educational attainment. This is 82% higher than the state rate of 40.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.5%. Notably, 37.0% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Great Neck Estates, New York is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against New York state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,289 Census-designated places in New York. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Great Neck Estates, New York?

Great Neck Estates, New York has a population of 3,023 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Great Neck Estates, NY?

The median household income in Great Neck Estates is $237,788, which is 195% higher than the national median of $80,734.

What is the poverty rate in Great Neck Estates, NY?

The poverty rate in Great Neck Estates is 5.7%. This means approximately 173 residents live below the federal poverty line.

What is the racial makeup of Great Neck Estates, New York?

Great Neck Estates's population is 65.3% White, 0.3% Black, 2.8% Hispanic/Latino, and 20.4% Asian.

What is the median home value in Great Neck Estates, NY?

The median home value in Great Neck Estates is $1,638,700. The home-value-to-income ratio is 6.9x.

How educated is Great Neck Estates, New York?

73.1% of adults (25+) in Great Neck Estates hold a bachelor's degree or higher, and 37.0% hold a graduate or professional degree.