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Real Estate Prices & Overview

Great Neck Village West median real estate price is $1,266,591, which is more expensive than 83.1% of the neighborhoods in New York and 94.4% of the neighborhoods in the U.S.

The average rental price in Great Neck Village West is currently $3,961, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 69.8% of the neighborhoods in New York.

Great Neck Village West is an urban neighborhood (based on population density) located in Great Neck, New York.

Great Neck Village West real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Great Neck Village West neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Great Neck Village West has a 12.8% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 74.4% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 16.4% of the Great Neck Village West neighborhood's commuters ride the train to and from work each day, which is more than we found in 97.1% of America's neighborhoods.

Also, more people in Great Neck Village West choose to walk to work each day (10.8%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Diversity

Did you know that the Great Neck Village West neighborhood has more Iranian and Romanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 20.4% of this neighborhood's residents have Iranian ancestry and 2.5% have Romanian ancestry.

Great Neck Village West is also pretty special linguistically. Significantly, 18.3% of its residents five years old and above primarily speak Persian at home. While this may seem like a small percentage, it is higher than 100.0% of the neighborhoods in America.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Great Neck Village West neighborhood in Great Neck are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 77.9% of the neighborhoods in America. With 13.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 58.7% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Great Neck Village West neighborhood, 45.3% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 21.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (17.8%), and 14.6% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Great Neck Village West neighborhood is English, spoken by 44.8% of households. Other important languages spoken here include Persian, Spanish, Chinese and Japanese.

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Great Neck Village West neighborhood in Great Neck, NY, residents most commonly identify their ethnicity or ancestry as Irania (20.4%). There are also a number of people of Asian ancestry (17.0%), and residents who report Polish roots (4.1%), and some of the residents are also of Mexican ancestry (3.2%), along with some Romanian ancestry residents (2.5%), among others. In addition, 36.6% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Great Neck Village West neighborhood spend under 15 minutes commuting one-way to work (29.3% of working residents), one of the shortest commutes across America.

Here most residents (48.4%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (16.4%) and 10.8% of residents also hop out the door and walk to work for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.

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