HousingHandbookReference data

U.S. ZIP Code · NE68873

Howard County · Grand Island, NE

Typical home value

$256,247[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+3.6%
5-year / yr
+5.4%
10-year / yr
+6.2%

Relative price

vs U.S.
-9.8%
vs metro
-7.7%
vs state
+11.1%
ZIP 68873 location in NE
Location of ZIP 68873 in NE

Price history

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

The typical home in 68873 is worth $256,247 — 7.7% below the Grand Island, NE median. Over the past year, values have risen 3.6%. The effective property tax rate is 1.1%.

#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
1.1%[3]
Typical annual tax
$2,939[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
3,785[3]
Median household income
$75,000[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
2
Elementary
1
Middle
0
High
1
  • ST PAUL ELEMENTARY SCHOOL

    Elementary · Grades PK–6 · ST PAUL PUBLIC SCHOOLS

    373 students

  • ST PAUL JR/SR HIGH SCHOOL

    High · Grades 7–12 · ST PAUL PUBLIC SCHOOLS

    295 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$1,296
Loan principal$204,998
Down payment$51,249
Total interest paid$261,464

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$1,755
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
25th percentile[1]
Rental yield
[2]
Property tax
56th percentile[3]

Frequently asked

How much is a home worth in ZIP code 68873?
The typical home in 68873 is worth $256,247, based on the Zillow Home Value Index.
Are home values rising in 68873?
Home values in 68873 are up 3.6% over the past year, and up 5.4% a year over five years.
What is the property tax rate in 68873?
The effective property tax rate in 68873 is 1.1% — roughly $2,939 a year on a typical home.
Who lives in 68873?
ZIP code 68873 has a population of 3,785 and a median household income of $75,000.

#Comparable ZIPs

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

  • Wood River, NE

    Typical home
    $259,937
    Gross yield
  • Alda, NE

    Typical home
    $243,217
    Gross yield
  • Howard City (Boelus), NE

    Typical home
    $277,480
    Gross yield
  • Palmer, NE

    Typical home
    $279,179
    Gross yield
  • Farwell, NE

    Typical home
    $231,978
    Gross yield
  • Grand Island, NE

    Typical home
    $285,010
    Gross yield
    5.3%

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