Great Neck, NY Real Estate
According to census data in the year 2000 there were 3,442 housing units in Great Neck.
This represents a 0.2% decline from 3,450 in 1990.
Of those housing units, 3,442 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 is about 73.9%.
Great Neck's vacancy rate, including seasonal lodging, is about 2.8%.
Average household size is 2.85 people.
The majority of houses, apartments or condos in Great Neck were built after 1951.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.60% |
| One Bedroom | 14.20% |
| Two Bedrooms | 14% |
| Three Bedrooms | 31.10% |
| Four Bedrooms | 29.90% |
| Five Bedrooms or more | 8.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.92 |
| Median year structure was built | 1949 |
| Median Value of occupied units | $466,800 |
| Median Price asked for vacant units | $420,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.64 |
| Median year structure was built | 1955 |
| Median Monthly Rent asked for vacant units | $2,001 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 7.10% |
| Home Equity Loan | 9.40% |
| Simple Mortgage | 45.20% |
| Debt Free | 37.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.9% |
