| ZIP Code | 68940 |
|---|---|
| City | Funk |
| State | Nebraska (NE) |
| County | Phelps County |
| Area Code | 308 |
| Elevation | 2,249 ft |
| Latitude | 40.538385 |
|---|---|
| Longitude | -99.25176 |
| Timezone | Chicago (DST) |
| FIPS | 31137 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 35.2 yrs |
|---|---|
| Avg Household Size | 3.01 |
| Below Poverty | 3.2% ▼ 69% below avg |
| College Grads | 40.5% ≈ Avg |
| Unemployment | 0.0% ▼ 100% below avg |
| No HS Diploma | 4 (1.5%) |
| HS Graduate | 80 (30.3%) |
| Some College | 20 (7.6%) |
| Associates | 53 (20.1%) |
| Bachelors | 44 (16.7%) |
| Graduate Degree | 63 (23.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $102,857 ▲ 35% above avg ↑ 49% since 2019 |
|---|---|
| Median Home Value | $195,800 ▼ 30% below avg ↓ 13% since 2019 |
| Home/Income Ratio | 1.9x (nat avg ~3.5x) |
| Median Rent | $795/mo ↑ 15% since 2019 |
| Total Units | 165 |
| Vacant Units | 7 |
| Avg HH Size | 3.01 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 165 |
|---|---|
| Vacant | 7 |
| Owner Occupied | 85.4% |
| Renter Occupied | 14.6% |
| Avg HH Size | 3.01 |
ZIP code 68940 is located in Funk, Nebraska, within Phelps County. With a population of 476, this is a sparsely populated ZIP code with a relatively young community — the median age is 35.2 years. Economically, 68940 is a upper-middle-income ZIP code: the median household income of $102,857 is above the national average.
Real estate in ZIP code 68940 represents an affordable housing market. The median home value of $195,800 is below the national average. Renters can expect to pay around $795 per month in median rent. Homeownership is strong here — 85.4% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have decreased by 13% since 2019.
The population of 68940 is primarily White (94.33%). Residents are well-educated — 40.5% 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 49% since 2019.
As in most parts of the country, driving alone is the dominant commute mode at 86%.
Overall, ZIP code 68940 in Funk, NE is characterized as upper-middle-income, well-educated, a relatively young community, and predominantly owner-occupied. With 476 residents, a median household income of $102,857, and a median home value of $195,800, it offers a clear picture of life in this part of Nebraska.