| ZIP Code | 68418 |
|---|---|
| City | Palmyra |
| State | Nebraska (NE) |
| County | Otoe County |
| Area Code | 402 |
| Elevation | 1,141 ft |
| Latitude | 40.69358 |
|---|---|
| Longitude | -96.379013 |
| Timezone | Chicago (DST) |
| FIPS | 31131 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 39.3 yrs ↑ 4% since 2019 |
|---|---|
| Avg Household Size | 2.40 |
| Below Poverty | 3.6% ▼ 64% below avg |
| College Grads | 36.7% ≈ Avg |
| Unemployment | 6.5% ▲ 33% above avg |
| HS Graduate | 270 (33.3%) |
| Some College | 115 (14.2%) |
| Associates | 129 (15.9%) |
| Bachelors | 131 (16.1%) |
| Graduate Degree | 167 (20.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $83,365 ▲ 9% above avg ↑ 7% since 2019 |
|---|---|
| Median Home Value | $198,500 ▼ 29% below avg ↑ 16% since 2019 |
| Home/Income Ratio | 2.4x (nat avg ~3.5x) |
| Median Rent | $1,275/mo ↑ 48% since 2019 |
| Total Units | 534 |
| Vacant Units | 34 |
| Avg HH Size | 2.40 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 534 |
|---|---|
| Vacant | 34 |
| Owner Occupied | 90.8% |
| Renter Occupied | 9.2% |
| Avg HH Size | 2.40 |
ZIP code 68418 is located in Palmyra, Nebraska, within Otoe County. With a population of 1,201, this is a sparsely populated ZIP code with a middle-aged community — the median age is 39.3 years. Economically, 68418 is a middle-income ZIP code: the median household income of $83,365 is near the national average.
Real estate in ZIP code 68418 represents an affordable housing market. The median home value of $198,500 is below the national average. Renters can expect to pay around $1,275 per month in median rent. Homeownership is strong here — 90.8% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 16% since 2019.
The population of 68418 is primarily White (85.01%). Residents are moderately educated — 36.7% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 3.6%. Household income has grown by 7% since 2019.
The unemployment rate in 68418 stands at 6.5%, which is above the national average. As in most parts of the country, driving alone is the dominant commute mode at 87%.
Overall, ZIP code 68418 in Palmyra, NE is characterized as middle-income, moderately educated, a middle-aged community, and predominantly owner-occupied. With 1,201 residents, a median household income of $83,365, and a median home value of $198,500, it offers a clear picture of life in this part of Nebraska.