Interested in purchasing investment houses in the 68864 zip code in Palmer, NE?
The zip code 68864 is in both Merrick and Howard counties with a latitude of -98.235050000000 and longitude of 41.263050000000, is in the state of Nebraska. The average asking price of houses and condos is $324,235.00 and the average sale price was $135,000.00. this regions is classified as the Lincoln metro area and is in the 308 area code. The location in degrees is 41° 15' 46.98" N, 98° 14' 6.18" W. The county F.I.P.S. is 31125. The total land area is 170.5 square miles and the water area is 2.0 square miles. The elevation in this area is 1709 - 1959 feet. The zip code is on central standard time and observes daylight savings time.
The zip 68864 is in county number 125 and is L. Sector 95, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 1,225 in 2019 and 1,027 in 2010. This further breaks down to 526 males (43.0%) and 698 females (57.0%). The median age of residents is 38.0 years. The population of the greater Grand Island, NE area is 71,579. The population density (people per square mile) is 7. This zip code has a combined total of 565 houses and condos. There are 68 rented appartments. 15% of residents rent versus the 15% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $44,598 and the average salary is $33,526. The median household income of individuals is $38,709.00 and the average is $50,010.00. This zip code has a mean commute time to work of 21.9 minutes. The unemployment rate is 1.4%. Income earners by percent breakdown as 68.20% (Under $50,000), 27.40% ($50,000-$100,000), and 4.40% earn over $100,000. 5.9% of residents live below poverty line versus the 9.9% in the state that are below this line. The cost of living index is 74.6. The educational breakdown is 94.3% have a high school education or higher, 23.4% have a bachelor's degree or higher, and 5.4% have some kind of profesional degree.
This area has 402 households and the average size is 2.5 people. Individuals who are single and have never been married are 22.4%, 65.1% are now married, 1.2% are separated, 7.0% are widowed, and 4.1% are divorced. The average yearly contribution amount given by people to charity was $3,883 versus the state average of $4,921. The percent of residents who gave to charity was 12.2%.
The estimated median value of houses and condos is $136,339. The median monthly owner costs of mortgage holders was $1,307, where as the costs for those who don't have a mortgage are $492. The median number of rooms in houses and condos are 6.9 versus apartments which had a median number of 5.6.
The real estate tax percent rate is 1.3% which equated to an average real estate tax amount payment of $1,784. 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 1.3% which amounted to an average tax amount of $1,973. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.1% which amounted to an average tax amount of $1,405. Reported taxable interest for persons was $1,163, dividends $2,050, capital gains +$5,667, and itemized deductions $21,363. The average earned income tax credit is $1,775. The percent of individuals that use a tax preparer is 71.4%. The total average income taxes paid by individuals was $5,150. Businesses reported an average profit of $4,886.
Tylers Tavern
913 Commercial St, Palmer, NE 68864
Branding Iron Cafe
914 Commercial St, Palmer, NE 68864
Beer Barrel Bar
307 Spruce St, Saint Libory, NE 68872 (8.8 miles away)
Office Bar
706 7th St, Saint Paul, NE 68873 (11 miles away)
Lincoln Manor Steak House
1525 16th St, Central City, NE 68826 (13.1 miles away)
Lulu's Primetime Steakhouse
108 Highway 30, Chapman, NE 68827 (13.4 miles away)
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