Grand Island, NE · Nebraska
Merrick County
7,696 residents42 permits TTM$62,849 median HHI6 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$168,000
ACS 5-Year
Cap rate proxy
5.5%
FMR × 0.65 ÷ Home Value
Rent-to-income
14.7%
HUD FMR ÷ ACS HHI
Net migration
+1.16%
IRS SOI
Permits (TTM)
42
Census BPS
Climate risk
42.9
FEMA NRI (0–100)
ZIP code breakdown6 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Buy Box score ↓ | Section 8 gap |
|---|---|---|---|---|---|
| 68826 | — | — | — | 0.6 | — |
| 68628 | — | — | — | — | — |
| 68663 | — | — | — | — | — |
| 68816 | — | — | — | — | — |
| 68827 | — | — | — | — | — |
| 68864 | — | — | — | — | — |
Sort by any column. Click a ZIP for detail.
Demographics
Owner-occupied
80.6%
Census ACS
Vacancy rate
10.4%
Census ACS
Bachelor's degree +
17.6%
Census ACS
Rent burdened
37.7%
Census ACS (>30% income)
Median age
42.8
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 16, 2026