Interested in purchasing investment houses in the 68405 zip code in Milford, NE?
The zip code 68405 is in Seward county with a latitude of -97.072640000000 and longitude of 40.765790000000, is in the state of Nebraska. The average asking price of houses and condos is $197,250.00 and the average sale price was $127,588.00. this regions is classified as the Lincoln metro area and consists of the following area codes: 402 and 531. The location in degrees is 40° 45' 56.844" N, 97° 4' 21.504" W. The county F.I.P.S. is 31159. The total land area is 79.1 square miles and the water area is 0.9 square miles. The elevation in this area is 1368 - 1519 feet. The zip code is on central standard time and observes daylight savings time.
The zip 68405 is in county number 151 and is L. Sector 94, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 3,553 in 2019 and 3,257 in 2010. This further breaks down to 1,784 males (50.2%) and 1,768 females (49.8%). The median age of residents is 32.4 years. The population of the greater Lincoln, NE area is 301,907. The population density (people per square mile) is 45. This zip code has a combined total of 1,408 houses and condos. There are 483 rented appartments. 38% of residents rent versus the 38% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $65,093 and the average salary is $46,833. The median household income of individuals is $51,359.00 and the average is $64,450.00. This zip code has a mean commute time to work of 20.9 minutes. The unemployment rate is 2.2%. Income earners by percent breakdown as 48.10% (Under $50,000), 39.40% ($50,000-$100,000), and 12.50% earn over $100,000. 6.8% of residents live below poverty line versus the 9.9% in the state that are below this line. The cost of living index is 76.0. The educational breakdown is 90.4% have a high school education or higher, 18.6% have a bachelor's degree or higher, and 5.2% have some kind of profesional degree.
This area has 1,162 households and the average size is 2.5 people. Individuals who are single and have never been married are 31.6%, 55.0% are now married, 1.0% are separated, 6.3% are widowed, and 6.2% are divorced. The average yearly contribution amount given by people to charity was $6,435 versus the state average of $4,921. The percent of residents who gave to charity was 27.0%.
The estimated median value of houses and condos is $199,587. The median monthly owner costs of mortgage holders was $1,351, where as the costs for those who don't have a mortgage are $616. The median number of rooms in houses and condos are 8.0 versus apartments which had a median number of 4.8.
The real estate tax percent rate is 1.4% which equated to an average real estate tax amount payment of $2,739. In comparision, the average real estate tax percent rate in the state is 1.6% which equated to an average real estate tax amount payment in the state of $2,787. The median housing property tax percent for residents with mortgages was 1.4% which amounted to an average tax amount of $2,565. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.4% which amounted to an average tax amount of $3,074. Reported taxable interest for persons was $1,505, dividends $2,271, capital gains +$12,404, and itemized deductions $21,186. The average earned income tax credit is $1,915. The percent of individuals that use a tax preparer is 65.0%. The total average income taxes paid by individuals was $7,982. Businesses reported an average profit of $7,242.
Sheri's Grill and Bar
121 N Highway 6, Milford, NE 68405
Runza
112 S Highway 6, Milford, NE 68405
El Burrito Mexican Restaurant
749 5th St, Milford, NE 68405
Dragonfly Coffee House
518 1st St, Milford, NE 68405
Pizza Kitchen
411 1st St, Milford, NE 68405
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