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
- Household income is 177% above the state average — one of the wealthiest communities in New York.
- 73.1% of adults hold a bachelor's degree or higher — top 10% in New York.
- Near full employment with an unemployment rate of just 1.8%.
Great Neck Estates Quick Facts
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.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 2,968 | 3,023 | +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
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
Moderate diversity with one or two groups making up the majority.
State average: 65 | National average: 61
Education
Educational Attainment (Adults 25+)
Great Neck Estates Rankings in New York
Explore New York Rankings
Other Cities in Nassau County
| City | Population | Median Income | Poverty | Home 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.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Chappaqua | 3,046 | $241,432 | $781,100 | 79.8% | 1.1% |
| Brookville | 2,941 | $250,000+ | $2,000,000+ | 79.0% | 4.5% |
| Lake Success | 2,829 | $244,079 | $1,555,000 | 66.6% | 4.4% |
| Cold Spring Harbor | 3,220 | $250,000+ | $1,587,900 | 76.7% | 1.5% |
| Brightwaters | 3,179 | $218,000 | $768,600 | 62.6% | 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.