| ZIP Code | 68405 |
|---|---|
| City | Milford |
| State | Nebraska (NE) |
| County | Seward County |
| Area Code | 402/531 |
| Elevation | 1,485 ft |
| Latitude | 40.76205 |
|---|---|
| Longitude | -97.073498 |
| Timezone | Chicago (DST) |
| FIPS | 31159 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 35.4 yrs ↑ 10% since 2019 |
|---|---|
| Avg Household Size | 2.48 |
| Below Poverty | 6.6% ▼ 35% below avg |
| College Grads | 50.4% ▲ 30% above avg |
| Unemployment | 2.0% ▼ 60% below avg |
| No HS Diploma | 3 (0.1%) |
| HS Graduate | 611 (30.2%) |
| Some College | 181 (9%) |
| Associates | 208 (10.3%) |
| Bachelors | 470 (23.2%) |
| Graduate Degree | 549 (27.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $80,906 ≈ Avg ↑ 36% since 2019 |
|---|---|
| Median Home Value | $245,800 ▼ 12% below avg ↑ 36% since 2019 |
| Home/Income Ratio | 3.0x (nat avg ~3.5x) |
| Median Rent | $929/mo ↑ 26% since 2019 |
| Total Units | 1,409 |
| Vacant Units | 120 |
| Avg HH Size | 2.48 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 1,409 |
|---|---|
| Vacant | 120 |
| Owner Occupied | 67.0% |
| Renter Occupied | 33.0% |
| Avg HH Size | 2.48 |
ZIP code 68405 is located in Milford, Nebraska, within Seward County. With a population of 3,511, this is a sparsely populated ZIP code with a relatively young community — the median age is 35.4 years. Economically, 68405 is a middle-income ZIP code: the median household income of $80,906 is near the national average.
Real estate in ZIP code 68405 represents an affordable housing market. The median home value of $245,800 is near the national average. Renters can expect to pay around $929 per month in median rent. Homeownership is strong here — 67.0% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 36% since 2019.
The population of 68405 is primarily White (94.05%). Residents are well-educated — 50.4% hold a bachelor's degree or higher, which is above the national average. Poverty affects a relatively small share of residents at 6.6%. Household income has grown by 36% since 2019.
The unemployment rate in 68405 stands at 2.0%, which is well below the national average. As in most parts of the country, driving alone is the dominant commute mode at 80%.
Overall, ZIP code 68405 in Milford, NE is characterized as middle-income, well-educated, a relatively young community, and predominantly owner-occupied. With 3,511 residents, a median household income of $80,906, and a median home value of $245,800, it offers a clear picture of life in this part of Nebraska.