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Great Neck Plaza, NY Real Estate


According to census data in the year 2000 there were 3,892 housing units in Great Neck Plaza. This represents a 7.8% growth from 3,612 in 1990.

Of those housing units, 3,892 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Great Neck Plaza is about 49.7%. Great Neck Plaza's vacancy rate, including seasonal lodging, is about 8.3%. Average household size is 1.73 people.

The majority of houses, apartments or condos in Great Neck Plaza were built after 1957.

Statistics

Housing Size

Housing Units by Size
Studio Type10.90%
One Bedroom47%
Two Bedrooms33.40%
Three Bedrooms7%
Four Bedrooms1.20%
Five Bedrooms or more0.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size1.75
Median year structure was built1958
Median Value of occupied units$398,700

Rented Homes, Apartments and Condos

Average Household Size1.72
Median year structure was built1956
Median Monthly Rent asked for vacant units$2,001

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.50%
Home Equity Loan11.70%
Simple Mortgage41.40%
Debt Free41.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs26%