Grand Island, NE Real Estate
According to census data in the year 2000 there were 17,395 housing units in Grand Island.
This represents a 9.7% growth from 15,855 in 1990.
Of those housing units, 17,246 were located in either urbanized areas or urban clusters, and 149 were located in what is classified as a rural area.
Homeownership rate in Grand Island is about 62.6%.
Grand Island's vacancy rate, including seasonal lodging, is about 5.6%.
Average household size is 2.54 people.
The majority of houses, apartments or condos in Grand Island were built after 1967.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.50% |
| One Bedroom | 14.50% |
| Two Bedrooms | 32.30% |
| Three Bedrooms | 34.30% |
| Four Bedrooms | 13.80% |
| Five Bedrooms or more | 3.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.68 |
| Median year structure was built | 1965 |
| Median Value of occupied units | $82,500 |
| Median Price asked for vacant units | $81,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.32 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $390 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8.40% |
| Home Equity Loan | 8.70% |
| Simple Mortgage | 47.70% |
| Debt Free | 35.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.7% |
