69140, Grant, NE

The 69140 zip code of Grant, NE is located in the northeast corner of Nebraska and covers a total area of just over 2,000 square miles. The median home value in this zip code is $128,000, which is significantly lower than the national median home value of $181,500. However, despite this lower median home value, Grant has a higher percentage of homes with a mortgage than the national average.

One reason for this may be that Grant is one of the most rural zip codes in Nebraska. Just over half (53%) of residents live in single-family homes while only about one-third (34%) live in apartments or condos. This high concentration of single-family homes may account for why Grant has a higher percentage of homes with a mortgage than the national average.

Another factor that may contribute to Grant’s high percentage of homeownership is its low unemployment rate. In December 2017, the unemployment rate was 3%, which was below both the Nebraska and U.S. averages at 4%. This low unemployment rate may be contributing to increased demand for housing and consequently higher home values in Grant.