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Wood River city, NE

ZIP 68883 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 68883

Median Home Value
$186,200
Median Rent
$703
Affordability Snapshot
$51,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,196/mo PITI).

10%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.1x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

22.1 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 68883 in Wood River city, NE, a household would need roughly $51,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,196. That sits below the local median household income ($88,333), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
84.3%+29% vs US avg
x
Vacancy Rate
9.0%-12% vs US avg
x
Broadband Access
90.7%+4% vs US avg
x
4+ Bedrooms
11.1%-25% vs US avg
x
Built Pre-1939
2.6%-80% vs US avg
x
Built Post-2014
0.1%-99% vs US avg
x
Rent Burden >30%
13.0%-74% vs US avg
x
Mortgage-Free
58.4%+53% vs US avg
x
$186,200
Home Value
$703
Rent
1966
Year Built
2007
Moved In

Residents have lived here since ~2007 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached88.0%
  • 1-unit attached0.4%
  • 2-9 units5.4%
  • 10+ units0.3%
  • Mobile home & other5.9%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$186,200
Median rent$703
Owner-occupied84.3%
Vacant9.0%
Price-to-income2.1x
Est. income to buy$51,000