Grand Island, NE · Nebraska
Howard County
6,492 residents10 permits TTM$74,508 median HHI6 ZIP codesUpdated April 28, 2026
Investor first look
Median home value
$205,200
ACS 5-Year
Cap rate proxy
4.7%
FMR × 0.65 ÷ Home Value
Rent-to-income
13.1%
HUD FMR ÷ ACS HHI
Net migration
+0.82%
IRS SOI
Permits (TTM)
10
Census BPS
Climate risk
24.2
FEMA NRI (0–100)
ZIP code breakdown6 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate | Rent gap |
|---|---|---|---|---|---|
| 68835 | — | — | — | 4.7% | — |
| 68838 | — | — | — | 4.7% | — |
| 68820 | — | — | — | 4.7% | — |
| 68831 | — | — | — | 4.7% | — |
| 68872 | — | — | — | 4.7% | — |
Ranked by composite score
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Demographics
Owner-occupied
74.1%
Census ACS
Vacancy rate
13.8%
Census ACS
Bachelor's degree +
23.0%
Census ACS
Rent burdened
27.5%
Census ACS (>30% income)
Median age
42.3
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 28, 2026