Grand Island, NE — income, home value, property tax, and sales tax.
ZIP code 68803, covering part of Grand Island, sits in middle-income territory, with a median household income of $73,463 and per-capita income of $40,685. Homes here carry a median value of $244,200, and the county-level property tax rate of 1.39% means owners pay a meaningful share of that value each year in taxes. Add a combined sales tax rate of 7.50%, and the overall tax picture leans heavier than what you'd find in many parts of the country. This isn't an affluent enclave, but it isn't struggling either — it's a working, middle-class area where incomes and housing costs stay fairly balanced against each other.
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