Grand Island, NE Profile: Facts & Data

The City of Grand Island is the 4th largest city in Nebraska with a population of 53,267 as of July 1, 2024. Grand Island ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Nebraska. See peer rankings below.

The primary coordinate point for Grand Island is located at latitude 40.925 and longitude -98.342 in Hall County. The formal boundaries for the City of Grand Island encompass a land area of 29.68 sq. miles and a water area of 0.19 sq. miles. Hall County is in the Central time zone (GMT -6).

The City of Grand Island has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Grand Island, NE Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	53,267 (100%)
Population in Households	52,234 (98.1%)
Population in Families	41,266 (77.5%)
Population in Group Quarters¹	1,033 ( 1.9%)
Population Density	1,769
Diversity Index²	75


INCOME
Median Household Income	$64,156
Average Household Income	$87,437
% of Income for Mortgage⁴	20%
Per Capita Income	$33,118
Wealth Index⁵	66
Socioeconomic Status Index⁶	Moderate (46.9)

HOUSING
Total HU (Housing Units)	21,475 (100%)
Owner Occupied HU	11,246 (52.4%)
Renter Occupied HU	8,913 (41.5%)
Vacant Housing Units	1,316 ( 6.1%)
Median Home Value	$204,543
Average Home Value	$237,260
Housing Affordability Index³	115

HOUSEHOLDS
Total Households	20,159
Average Household Size	2.59
Family Households	12,667
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Grand Island, NE - Peer Comparisons by Rank and Percentile

The table below compares Grand Island to the other 593 incorporated cities, towns and CDPs in Nebraska by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	0.06%	-0.01%
Households	0.21%	0.19%
Families		0.02%
Median Household Income		3.08%
Per Capita Income		3.15%
Owner Occupied HU		0.48%

Variable Description	Rank	Percentile
Total Population	# 4	99th
Population Density	# 46	92nd
Median Household Income	# 360	39th
Housing Affordability Index	# 296	50th
Per Capita Income	# 459	23rd
Diversity Index	# 10	98th

Grand Island, NE Profile: Facts & Data

Grand Island, Nebraska - Basic Facts

Grand Island, NE Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Grand Island, NE - Peer Comparisons by Rank and Percentile

Grand Island, NE - Most Popular Things to Do

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