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Grand Island Nebraska Real Estate By Jennifer Hershey

Grand Island Nebraska Real Estate

Grand Island, Nebraska, is located in Hall County, 87 miles W of Lincoln, Nebraska and 358 miles E of Denver, Colorado. Grand Island has a population of 42,940.

Grand Island Homes

Grand Island properties pool is 16,414 residential properties including Grand Island new homes. Median age of real estate in Grand Island is 1967. Average Household size is 3.09 people. 3% are one bedroom homes, 24% are 2 bedroom homes, 46% are 3 bedroom homes, 21% are 4 bedroom homes, and 6% are 5+ bedroom homes.

Grand Island Mortgage Statistics

Grand Island mortgages vs. USA median statistics

Homes Grand Island USA
Homes With No Mortgage 35%
30%
Homes With Mortgage 65%
70%
First Mortgage Only 48%
54%
First & Second Mortgage or HELOC 17%
16%

Grand Island Area Real Estate Tax

Grand Island Real estate Tax: Median Real Estate Taxes (2000) were $1,604 comparing to 1999 Median Family income $ 43,197. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Grand Island School District: Children make up 27% of Grand Island population. Grand Island has 11,580 under 18 years old residents, or 0.55 kids per one worker, or 0.71 kids per one household.

Grand Island Real Estate & Grand Island Homeownership

There are 4431.78 or 27% one person households, 5416.62 or 33% two person households, and 2462.1 or 15% three person households in Grand Island, Nebraska. Median residents age is 34.8, Senior citizens (65+) make up 6,073 or 14.1%% of Grand Island population.

There are 21,032 workers (over 16 years of age) in Grand Island. Of these, 94.92% drive to work. Approximately 0.32% of workers in Grand Island take public transportation. An estimated 1.87% walk to work.

Median Grand Island homeowner's housing expences are 17.7%

Crime in Grand Island (2003), crimes per 10,000 residents per year

Type of Crime Grand Island USA, 2003
Violent Crimes
31.21
47.5
Robberies
3.73
14.2
Aggravated Assaults
22.36
29.5
Property Crimes
641.83
358.8
Burglaries
81.28
74.0
Larceny-Thefts
539.59
241.5
Motor Vehicle Thefts
20.96
43.3

Invest in Grand Island Properties

When making a decision about buying real estate in Grand Island Nebraska area, you should consider following statistical data:

Category Grand Island USA
Near Medium City
Lincoln, Nebraska
-
Near Large City
Denver, Colorado
-
Grand Island Zip Codes
68801, 68803
-
Grand Island Area Codes
308
-
White population
86.72%
75.1%
African-American population
0.42%
12.3%
Asian
1.31%
3.6%
American Indian & Alaskan
0.33%
0.9%
Hispanic (of any race)
15.94%
12.5%
Median Family Income (1999)
$ 43,197%
$42,000
Population Below Poverty Level
12.51%
12.4%

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