| ZIP Code | 68040 |
|---|---|
| City | Malmo |
| State | Nebraska (NE) |
| County | Saunders County |
| Area Code | 402 |
| Elevation | 1,305 ft |
| Latitude | 41.287287 |
|---|---|
| Longitude | -96.740022 |
| Timezone | Chicago (DST) |
| FIPS | 31155 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 53.1 yrs ↑ 61% since 2019 |
|---|---|
| Avg Household Size | 2.19 |
| Below Poverty | 10.1% ≈ Avg |
| College Grads | 42.3% ▲ 9% above avg |
| Unemployment | 0.0% ▼ 100% below avg |
| HS Graduate | 107 (37.7%) |
| Some College | 41 (14.4%) |
| Associates | 16 (5.6%) |
| Bachelors | 39 (13.7%) |
| Graduate Degree | 81 (28.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median Home Value | $265,400 ≈ Avg ↑ 64% since 2019 |
|---|---|
| Total Units | 249 |
| Vacant Units | 82 |
| Avg HH Size | 2.19 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 249 |
|---|---|
| Vacant | 82 |
| Owner Occupied | 99.4% |
| Renter Occupied | 0.6% |
| Avg HH Size | 2.19 |
ZIP code 68040 is located in Malmo, Nebraska, within Saunders County. With a population of 366, this is a sparsely populated ZIP code with a mature community — the median age is 53.1 years.
Real estate in ZIP code 68040 represents a mid-range housing market. The median home value of $265,400 is near the national average. Homeownership is strong here — 99.4% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 64% since 2019.
The population of 68040 is primarily White (91.80%). Residents are well-educated — 42.3% hold a bachelor's degree or higher, which is near the national average. Poverty affects some residents at 10.1%.
About 12% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 76%.
Overall, ZIP code 68040 in Malmo, NE is characterized as well-educated, a mature community, and predominantly owner-occupied.