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Lake Grove village, NY

ZIP 11755 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 11755

Median Home Value
$558,900
Median Rent
$2,153
Affordability Snapshot
$154,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,590/mo PITI).

21%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

4.6x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

21.6 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 11755 in Lake Grove village, NY, a household would need roughly $154,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $3,590. That is about 28% above the local median household income ($120,306), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
80.1%+22% vs US avg
x
Vacancy Rate
2.3%-78% vs US avg
x
Broadband Access
95.7%+10% vs US avg
x
4+ Bedrooms
8.8%-41% vs US avg
x
Built Pre-1939
2.3%-82% vs US avg
x
Built Post-2014
0.5%-92% vs US avg
x
Rent Burden >30%
40.5%-19% vs US avg
x
Mortgage-Free
30.3%-21% vs US avg
x
$558,900
Home Value
$2,153
Rent
1970
Year Built
2007
Moved In

Residents have lived here since ~2007 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached81.0%
  • 1-unit attached2.9%
  • 2-9 units8.1%
  • 10+ units7.9%
  • Mobile home & other0.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$558,900
Median rent$2,153
Owner-occupied80.1%
Vacant2.3%
Price-to-income4.6x
Est. income to buy$154,000