| ZIP Code | 68864 |
|---|---|
| City | Palmer |
| State | Nebraska (NE) |
| County | Merrick County |
| Area Code | 308 |
| Elevation | 1,783 ft |
| Latitude | 41.255217 |
|---|---|
| Longitude | -98.238229 |
| Timezone | Chicago (DST) |
| FIPS | 31121 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.4 yrs ↑ 13% since 2019 |
|---|---|
| Avg Household Size | 2.43 |
| Below Poverty | 3.2% ▼ 68% below avg |
| College Grads | 39.5% ≈ Avg |
| Unemployment | 0.2% ▼ 97% below avg |
| No HS Diploma | 1 (0.1%) |
| HS Graduate | 275 (37.9%) |
| Some College | 77 (10.6%) |
| Associates | 86 (11.8%) |
| Bachelors | 106 (14.6%) |
| Graduate Degree | 181 (24.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $77,440 ≈ Avg ↑ 32% since 2019 |
|---|---|
| Median Home Value | $134,800 ▼ 52% below avg ↑ 9% since 2019 |
| Home/Income Ratio | 1.7x (nat avg ~3.5x) |
| Median Rent | $963/mo ↑ 41% since 2019 |
| Total Units | 499 |
| Vacant Units | 60 |
| Avg HH Size | 2.43 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 499 |
|---|---|
| Vacant | 60 |
| Owner Occupied | 86.6% |
| Renter Occupied | 13.4% |
| Avg HH Size | 2.43 |
ZIP code 68864 is located in Palmer, Nebraska, within Merrick County. With a population of 1,065, this is a sparsely populated ZIP code with a middle-aged community — the median age is 42.4 years. Economically, 68864 is a middle-income ZIP code: the median household income of $77,440 is near the national average.
Real estate in ZIP code 68864 represents one of the more affordable housing markets in the country. The median home value of $134,800 is well below the national average. Renters can expect to pay around $963 per month in median rent. Homeownership is strong here — 86.6% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 9% since 2019.
The population of 68864 is primarily White (97.65%). Residents are moderately educated — 39.5% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 3.2%. Household income has grown by 32% since 2019.
The unemployment rate in 68864 stands at 0.2%, 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 68864 in Palmer, NE is characterized as middle-income, moderately educated, a middle-aged community, and predominantly owner-occupied. With 1,065 residents, a median household income of $77,440, and a median home value of $134,800, it offers a clear picture of life in this part of Nebraska.