MyNeighborhood

Can you afford to live in GRAND ISLAND?

Median household income, home values and rent in GRAND ISLAND, NE — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in GRAND ISLAND.

Median household income: $62,439 — +33.3% since 2015 (not adjusted for inflation)

Median gross rent: $913/mo — +39.0% since 2015

Median home value, 2015 to 2023

  • 2015: 117400
  • 2023: 202600

Median household income

  • GRAND ISLAND: 62439
  • Hall County: 67549
  • NE: 74985
  • U.S.: 78538

Median gross rent

  • GRAND ISLAND: 913
  • Hall County: 911
  • NE: 1035
  • U.S.: 1348

Share of income a typical renter spends on rent: 28.7% — U.S.: 30.2%

What it means

The typical household here earns $62,439 — notably lower than the national figure of $78,538.

The typical renter here spends 28.7% of household income on rent, below the 30% cost-burden line.

Since 2015, rent has risen faster than income here (+39.0% versus +33.3%), before adjusting for inflation.

Sources

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