HousingHandbookReference data

U.S. ZIP Code · NE68872

Howard County · Grand Island, NE

Typical home value

$350,984[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+5.9%
5-year / yr
+6.7%
10-year / yr
+7.5%

Relative price

vs U.S.
+23.6%
vs metro
+26.5%
vs state
+52.1%
ZIP 68872 location in NE
Location of ZIP 68872 in NE

Price history

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

The typical home in 68872 is worth $350,984 — 26.5% above the Grand Island, NE median. Over the past year, values have risen 5.9%. The effective property tax rate is 0.9%.

#Rent & investment

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

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

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

Effective tax rate
0.9%[3]
Typical annual tax
$3,218[3]

#Climate risk

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

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

#Who lives here

Population
992[3]
Median household income
$84,500[3]

#Migration

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

Net migration
-3[5]
Moved in
128
Moved out
131

Schools

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

Public schools
1
Elementary
1
Middle
0
High
0
  • ST LIBORY ELEMENTARY SCHOOL

    Elementary · Grades PK–8 · NORTHWEST PUBLIC SCHOOLS

    168 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 yield
Net yield (after ~40% expenses)
Annual rent

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$1,775
Loan principal$280,787
Down payment$70,197
Total interest paid$358,129

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 ratio
Monthly cost to own$2,336
Monthly rent

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
69th percentile[1]
Rental yield
[2]
Property tax
13th percentile[3]

Frequently asked

How much is a home worth in ZIP code 68872?
The typical home in 68872 is worth $350,984, based on the Zillow Home Value Index.
Are home values rising in 68872?
Home values in 68872 are up 5.9% over the past year, and up 6.7% a year over five years.
What is the property tax rate in 68872?
The effective property tax rate in 68872 is 0.9% — roughly $3,218 a year on a typical home.
Who lives in 68872?
ZIP code 68872 has a population of 992 and a median household income of $84,500.

#Comparable ZIPs

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

  • Doniphan, NE

    Typical home
    $353,162
    Gross yield
  • Chapman, NE

    Typical home
    $310,278
    Gross yield
  • Clarks, NE

    Typical home
    $300,862
    Gross yield
  • Dannebrog, NE

    Typical home
    $299,401
    Gross yield
  • Cairo, NE

    Typical home
    $288,463
    Gross yield
  • Grand Island, NE

    Typical home
    $285,010
    Gross yield
    5.3%

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