HousingHandbookReference data

U.S. ZIP Code · NY11554

Nassau County · New York-Newark-Jersey City, NY-NJ

Typical home value

$801,020[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+5.8%
5-year / yr
+6.2%
10-year / yr
+5.7%

Relative price

vs U.S.
+182.0%
vs metro
+9.8%
vs state
+151.4%
ZIP 11554 location in NY
Location of ZIP 11554 in NY

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 11554 is worth $801,020 — 9.8% above the New York-Newark-Jersey City, NY-NJ median. Over the past year, values have risen 5.8%. Homes here rent for a typical $3,350 a month — a 5.0% gross rental yield. The effective property tax rate is 1.7%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$3,350[2]
Gross yield
5.0%[2]
Cap rate
3.0%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.7%[3]
Typical annual tax
$13,390[3]

#Climate risk

FEMA National Risk Index ratings for Nassau County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively High[4]
Riverine flood
Relatively High
Coastal flood
Very High
Wildfire
Very Low
Drought
Very Low
Heat wave
Relatively Moderate
Hurricane
Relatively High
Tornado
Relatively Moderate
Earthquake
Relatively Moderate
Winter weather
Very High

#Who lives here

Population
36,821[3]
Median household income
$133,971[3]

#Migration

Household moves in and out of Nassau County over a year, from IRS tax-return data.

Net migration
-6,520[5]
Moved in
26,711
Moved out
33,231

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
6
Elementary
4
Middle
1
High
1
  • EAST MEADOW HIGH SCHOOL

    High · Grades 9–12 · EAST MEADOW UNION FREE SCHOOL DISTRICT

    1,517 students

  • WOODLAND MIDDLE SCHOOL

    Middle · Grades 6–8 · EAST MEADOW UNION FREE SCHOOL DISTRICT

    1,139 students

  • MCVEY ELEMENTARY SCHOOL

    Elementary · Grades K–5 · EAST MEADOW UNION FREE SCHOOL DISTRICT

    830 students

  • BARNUM WOODS SCHOOL

    Elementary · Grades K–5 · EAST MEADOW UNION FREE SCHOOL DISTRICT

    786 students

  • PARKWAY SCHOOL

    Elementary · Grades K–5 · EAST MEADOW UNION FREE SCHOOL DISTRICT

    586 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield5.0%
Net yield (after ~40% expenses)3.0%
Annual rent$40,200

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$4,050
Loan principal$640,816
Down payment$160,204
Total interest paid$817,325

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio1.74
Monthly cost to own$5,833
Monthly rent$3,350

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
52nd percentile[1]
Rental yield
50th percentile[2]
Property tax
45th percentile[3]

Frequently asked

How much is a home worth in ZIP code 11554?
The typical home in 11554 is worth $801,020, based on the Zillow Home Value Index.
Are home values rising in 11554?
Home values in 11554 are up 5.8% over the past year, and up 6.2% a year over five years.
What is the typical rent in 11554?
A typical home in 11554 rents for about $3,350 a month, a gross rental yield of 5.0%.
What is the property tax rate in 11554?
The effective property tax rate in 11554 is 1.7% — roughly $13,390 a year on a typical home.
Who lives in 11554?
ZIP code 11554 has a population of 36,821 and a median household income of $133,971.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Malverne, NY

    Typical home
    $802,914
    Gross yield
  • Fanwood, NJ

    Typical home
    $798,995
    Gross yield
  • Wantagh CDP, NY

    Typical home
    $803,666
    Gross yield
  • Smithtown CDP, NY

    Typical home
    $798,205
    Gross yield
    3.5%
  • Bedford Hills CDP, NY

    Typical home
    $804,730
    Gross yield
  • Massapequa CDP, NY

    Typical home
    $805,270
    Gross yield

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