US ZIP Code
68042

Memphis, NE

Saunders County  ·  Nebraska

● Active
👥 115 Population ↑ 55% since 2019
🎂 22.4 Median Age ↓ 52% since 2019
🏠 $183,300 Median Home Value
▼ 34% below avg ↑ 78% since 2019
🎓 34.0% College Grads
▼ 12% below avg
📊 0.0% Unemployment
▼ 100% below avg ↓ 100% since 2019
ZIP Code Details
ZIP Code68042
CityMemphis
StateNebraska (NE)
CountySaunders County
Area Code402/531
Elevation1,123 ft
Latitude41.093728
Longitude-96.436419
TimezoneChicago (DST)
FIPS31155
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 41.7% (48) Female 58.3% (67) ♀

Race & Ethnicity

White: 82.6%Hispanic: 9.6%Other: 7.8%Race
White82.6%
Hispanic9.6%
Other7.8%

Age Breakdown

Under 5
8%
5–17
30%
18–24
17%
25–44
25%
45–64
12%
65+
4%

Key Indicators

Median Age22.4 yrs ↓ 52% since 2019
Avg Household Size3.11
Below Poverty2.6% ▼ 74% below avg
College Grads34.0% ▼ 12% below avg
Unemployment0.0% ▼ 100% below avg
HS Graduate18 (38.3%)
Some College11 (23.4%)
Associates2 (4.3%)
Bachelors15 (31.9%)
Graduate Degree1 (2.1%)

Education

HS Grad: 38.3%Some College: 23.4%Associates: 4.3%Bachelors: 31.9%Graduate: 2.1%Edu
HS Grad38.3%
Some College23.4%
Associates4.3%
Bachelors31.9%
Graduate2.1%
Housing & Income

Housing Tenure

Owner: 59.5%Renter: 40.5%Tenure
Owner59.5%
Renter40.5%

Home Value Distribution

Under $50k
5%
$50k–100k
23%
$100k–150k
14%
$150k–200k
18%
$200k–300k
41%

Financials

Median Home Value$183,300 ▼ 34% below avg ↑ 78% since 2019
Total Units56
Vacant Units19
Avg HH Size3.11

Income Distribution

Under $25k
4%
$25k–50k
20%
$50k–75k
8%
$75k–100k
20%
$100k–150k
24%
$150k–200k
24%
Employment & Commute

How People Get to Work

Drove Alone
91%
Work From Home
9%

Commute Time

Under 15 min
2%
15–30 min
38%
30–45 min
58%
Over 45 min
2%
Housing Stock

Year Built

1940s–1950s
5%
1960s–1970s
10%
1980s–1990s
30%
2000+
55%

Summary

Total Units56
Vacant19
Owner Occupied59.5%
Renter Occupied40.5%
Avg HH Size3.11
Frequently Asked Questions
ZIP code 68042 is in Memphis, NE, in Saunders County.
ZIP code 68042 is located in Nebraska (NE).
ZIP code 68042 is in Saunders County, NE.
ZIP 68042 observes the Chicago timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 68042 is 115 people (ACS 2023).
Income data not available.
The median home value in ZIP 68042 is $183,300 (ACS 2023).
About ZIP Code 68042

ZIP code 68042 is located in Memphis, Nebraska, within Saunders County. With a population of 115, this is a sparsely populated ZIP code with a young community — the median age is 22.4 years.

Real estate in ZIP code 68042 represents an affordable housing market. The median home value of $183,300 is below the national average. The area has a relatively balanced mix of owners (59.5%) and renters (40.5%). Median home values have increased by 78% since 2019.

The population of 68042 is primarily White (82.61%). Residents are moderately educated — 34.0% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 2.6%.

As in most parts of the country, driving alone is the dominant commute mode at 91%.

Overall, ZIP code 68042 in Memphis, NE is characterized as moderately educated, and a young community.