HousingHandbookReference data

U.S. ZIP Code · NE68801

Hall County · Grand Island, NE

Typical home value

$224,750[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+1.9%
5-year / yr
+5.9%
10-year / yr
+6.2%

Relative price

vs U.S.
-20.9%
vs metro
-19.0%
vs state
-2.6%
ZIP 68801 location in NE
Location of ZIP 68801 in NE

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 68801 is worth $224,750 — 19.0% below the Grand Island, NE median. Over the past year, values have risen 1.9%. Homes here rent for a typical $1,304 a month — a 7.0% gross rental yield. The effective property tax rate is 1.2%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$1,304[2]
Gross yield
7.0%[2]
Cap rate
4.2%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.2%[3]
Typical annual tax
$2,658[3]

#Climate risk

FEMA National Risk Index ratings for Hall County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Low[4]
Riverine flood
Relatively Low
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
Relatively High
Heat wave
Very Low
Hurricane
Not Applicable
Tornado
Relatively Moderate
Earthquake
Very Low
Winter weather
Relatively High

#Who lives here

Population
30,824[3]
Median household income
$63,617[3]

#Migration

Household moves in and out of Hall County over a year, from IRS tax-return data.

Net migration
-248[5]
Moved in
1,371
Moved out
1,619

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
13
Elementary
9
Middle
1
High
2
  • BARR MIDDLE SCHOOL

    Middle · Grades 6–8 · GRAND ISLAND PUBLIC SCHOOLS

    663 students

  • HOWARD ELEMENTARY SCHOOL

    Elementary · Grades PK–5 · GRAND ISLAND PUBLIC SCHOOLS

    463 students

  • STARR ELEMENTARY SCHOOL

    Elementary · Grades PK–5 · GRAND ISLAND PUBLIC SCHOOLS

    451 students

  • DODGE ELEMENTARY SCHOOL

    Elementary · Grades PK–5 · GRAND ISLAND PUBLIC SCHOOLS

    446 students

  • JEFFERSON ELEMENTARY SCHOOL

    Elementary · Grades PK–5 · GRAND ISLAND PUBLIC SCHOOLS

    371 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield7.0%
Net yield (after ~40% expenses)4.2%
Annual rent$15,645

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,136
Loan principal$179,800
Down payment$44,950
Total interest paid$229,325

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio1.18
Monthly cost to own$1,545
Monthly rent$1,304

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
38th percentile[1]
Rental yield
100th percentile[2]
Property tax
69th percentile[3]

Frequently asked

How much is a home worth in ZIP code 68801?
The typical home in 68801 is worth $224,750, based on the Zillow Home Value Index.
Are home values rising in 68801?
Home values in 68801 are up 1.9% over the past year, and up 5.9% a year over five years.
What is the typical rent in 68801?
A typical home in 68801 rents for about $1,304 a month, a gross rental yield of 7.0%.
What is the property tax rate in 68801?
The effective property tax rate in 68801 is 1.2% — roughly $2,658 a year on a typical home.
Who lives in 68801?
ZIP code 68801 has a population of 30,824 and a median household income of $63,617.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Farwell, NE

    Typical home
    $231,978
    Gross yield
  • Cotesfield, NE

    Typical home
    $209,725
    Gross yield
  • Alda, NE

    Typical home
    $243,217
    Gross yield
  • Central City, NE

    Typical home
    $202,958
    Gross yield
  • Silver Creek, NE

    Typical home
    $194,895
    Gross yield
  • St. Paul, NE

    Typical home
    $256,247
    Gross yield

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