Net Worth Percentile in Grand Island

Your national net worth ranking uses Federal Reserve SCF data and is the same wherever you live. But Grand Island’s cost of living is 18% below the national average (COL index: 82), which changes what your net worth actually buys.

Purchasing power in Grand Island

National median (ages 45-54) ($248K)4.1 yrs of expenses
$1M net worth ($1.0M)16.7 yrs of expenses
$2M net worth ($2.0M)33.4 yrs of expenses
$5M net worth ($5.0M)83.6 yrs of expenses

Based on BLS 2023 Consumer Expenditure Survey ($59,833/yr in Grand Island).

Grand Island — key figures

Cost of living index82 (US avg = 100)
Median home price$195,000
Median household income$58,000

Calculate your net worth rank

Total assets (home equity, investments, retirement, savings) minus total debts (mortgage, loans, credit cards). Negative values are fine.

Frequently asked questions

What net worth puts you in the top 10% in Grand Island?

Nationally, the top 10% of Americans ages 45-54 have a net worth of roughly $1.7M or more. In Grand Island, where cost of living is 18% below the national average (COL index: 82), that $1.7M covers approximately 28.4 years of living expenses compared to 23.3 years at the national average.

How does Grand Island's cost of living affect my net worth ranking?

Grand Island has a cost of living index of 82 (US average = 100). Your national percentile ranking uses Federal Reserve SCF data and is the same regardless of where you live. But your purchasing power differs: $1M in Grand Island covers 16.7 years of average living expenses, versus 13.7 years at the national average.

What is the median household income in Grand Island?

The median household income in Grand Island is $58,000 per year. The national median household income is approximately $74,580 (Census ACS 2023).

What is the median home price in Grand Island?

The median home sale price in Grand Island metro area is approximately $195,000 (2024). For a household with $500K in net worth, that represents 256% of the median home price.

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