Grand Island, NE — income, home value, property tax, and sales tax.
In ZIP code 68801, which takes in Grand Island, homes carry a median value of $203,500 while households bring in $63,617 a year. The county-level property tax rate of 1.39% works out to roughly $2,829 annually on a home at that median value — about 4.4% of median household income, a share that shapes what buyers here can comfortably carry. Per-capita income sits at $30,371, so individual earnings trail the household figure considerably. A combined sales tax of 7.50% adds to everyday costs, further narrowing what's left after housing and taxes are accounted for.
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