US ZIP Code
68503

Lincoln, NE

Lancaster County  ·  Nebraska

● Active
👥 15,625 Population
💰 $50,886 Median HH Income
▼ 33% below avg ↑ 44% since 2019
🎂 27.3 Median Age ↑ 3% since 2019
🏠 $158,900 Median Home Value
▼ 43% below avg ↑ 54% since 2019
🎓 50.9% College Grads
▲ 31% above avg
📊 4.4% Unemployment
▼ 10% below avg ↓ 20% since 2019
ZIP Code Details
ZIP Code68503
CityLincoln
StateNebraska (NE)
CountyLancaster County
Area Code402/531
Elevation1,167 ft
Latitude40.824475
Longitude-96.67389
TimezoneChicago (DST)
FIPS31109
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 51.0% (7,975) Female 49.0% (7,650) ♀

Race & Ethnicity

White: 58.6%Hispanic: 12.5%Black: 11.7%Asian: 10%Other: 6.1%Race
White58.6%
Hispanic12.5%
Black11.7%
Asian10.0%
Other6.1%

Age Breakdown

Under 5
7%
5–17
16%
18–24
22%
25–44
30%
45–64
16%
65+
5%

Key Indicators

Median Age27.3 yrs ↑ 3% since 2019
Avg Household Size2.35
Below Poverty26.4% ▲ 164% above avg
College Grads50.9% ▲ 31% above avg
Unemployment4.4% ▼ 10% below avg
No HS Diploma687 (9.1%)
HS Graduate1,348 (17.9%)
Some College784 (10.4%)
Associates871 (11.6%)
Bachelors877 (11.7%)
Graduate Degree2,943 (39.2%)

Education

No HS: 9.1%HS Grad: 17.9%Some College: 10.4%Associates: 11.6%Bachelors: 11.7%Graduate: 39.2%Edu
No HS9.1%
HS Grad17.9%
Some College10.4%
Associates11.6%
Bachelors11.7%
Graduate39.2%
Housing & Income

Housing Tenure

Owner: 38.2%Renter: 61.8%Tenure
Owner38.2%
Renter61.8%

Home Value Distribution

Under $50k
7%
$50k–100k
9%
$100k–150k
27%
$150k–200k
42%
$200k–300k
12%
$300k–500k
1%
Over $500k
2%

Financials

Median HH Income$50,886 ▼ 33% below avg ↑ 44% since 2019
Median Home Value$158,900 ▼ 43% below avg ↑ 54% since 2019
Home/Income Ratio3.1x (nat avg ~3.5x)
Median Rent$974/mo ↑ 40% since 2019
Total Units6,851
Vacant Units464
Avg HH Size2.35

Income Distribution

Under $25k
23%
$25k–50k
23%
$50k–75k
24%
$75k–100k
13%
$100k–150k
10%
$150k–200k
3%
Over $200k
4%
Employment & Commute

How People Get to Work

Drove Alone
72%
Public Transit
7%
Walked
8%
Work From Home
14%

Commute Time

Under 15 min
41%
15–30 min
43%
30–45 min
11%
Over 45 min
5%
Housing Stock

Year Built

Before 1940
2%
1940s–1950s
12%
1960s–1970s
11%
1980s–1990s
5%
2000+
70%

Summary

Total Units6,851
Vacant464
Owner Occupied38.2%
Renter Occupied61.8%
Avg HH Size2.35
Frequently Asked Questions
ZIP code 68503 is in Lincoln, NE, in Lancaster County.
ZIP code 68503 is located in Nebraska (NE).
ZIP code 68503 is in Lancaster County, NE.
ZIP 68503 observes the Chicago timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 68503 is 15,625 people (ACS 2023).
The median household income in ZIP code 68503 is $50,886 (ACS 2023).
The median home value in ZIP 68503 is $158,900 (ACS 2023).
About ZIP Code 68503

ZIP code 68503 is located in Lincoln, Nebraska, within Lancaster County. With a population of 15,625, this is a moderately populated ZIP code with a young community — the median age is 27.3 years. Economically, 68503 is a working-class ZIP code: the median household income of $50,886 is below the national average.

Real estate in ZIP code 68503 represents an affordable housing market. The median home value of $158,900 is below the national average. Renters can expect to pay around $974 per month in median rent. This is predominantly a renter community, with 61.8% of occupied units rented — typical of urban and transitional neighborhoods. Median home values have increased by 54% since 2019.

The population of 68503 is majority White (58.61%). Residents are well-educated — 50.9% hold a bachelor's degree or higher, which is above the national average. Poverty affects a significant share of residents at 26.4%. Household income has grown by 44% since 2019.

The unemployment rate in 68503 stands at 4.4%, which is near the national average. About 12% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 62%.

Overall, ZIP code 68503 in Lincoln, NE is characterized as working-class, well-educated, and a young community. With 15,625 residents, a median household income of $50,886, and a median home value of $158,900, it offers a clear picture of life in this part of Nebraska.