| ZIP Code | 68406 |
|---|---|
| City | Milligan |
| State | Nebraska (NE) |
| County | Fillmore County |
| Area Code | 402 |
| Elevation | 1,583 ft |
| Latitude | 40.503486 |
|---|---|
| Longitude | -97.381753 |
| Timezone | Chicago (DST) |
| FIPS | 31059 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 54.8 yrs ↑ 3% since 2019 |
|---|---|
| Avg Household Size | 2.04 |
| Below Poverty | 4.2% ▼ 58% below avg |
| College Grads | 37.8% ≈ Avg |
| Unemployment | 0.0% ▼ 100% below avg |
| HS Graduate | 139 (38.6%) |
| Some College | 32 (8.9%) |
| Associates | 53 (14.7%) |
| Bachelors | 79 (21.9%) |
| Graduate Degree | 57 (15.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $64,375 ▼ 16% below avg ↑ 85% since 2019 |
|---|---|
| Median Home Value | $121,700 ▼ 56% below avg ↑ 94% since 2019 |
| Home/Income Ratio | 1.9x (nat avg ~3.5x) |
| Median Rent | $688/mo ↓ 4% since 2019 |
| Total Units | 310 |
| Vacant Units | 89 |
| Avg HH Size | 2.04 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 310 |
|---|---|
| Vacant | 89 |
| Owner Occupied | 89.6% |
| Renter Occupied | 10.4% |
| Avg HH Size | 2.04 |
ZIP code 68406 is located in Milligan, Nebraska, within Fillmore County. With a population of 451, this is a sparsely populated ZIP code with a mature community — the median age is 54.8 years. Economically, 68406 is a solidly middle-class ZIP code: the median household income of $64,375 is below the national average.
Real estate in ZIP code 68406 represents one of the more affordable housing markets in the country. The median home value of $121,700 is well below the national average. Renters can expect to pay around $688 per month in median rent. Homeownership is strong here — 89.6% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 94% since 2019.
The population of 68406 is primarily White (94.01%). Residents are moderately educated — 37.8% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 4.2%. Household income has grown by 85% since 2019.
As in most parts of the country, driving alone is the dominant commute mode at 80%.
Overall, ZIP code 68406 in Milligan, NE is characterized as solidly middle-class, moderately educated, a mature community, and predominantly owner-occupied. With 451 residents, a median household income of $64,375, and a median home value of $121,700, it offers a clear picture of life in this part of Nebraska.