68046, Papillion, NE

The 68046 zip code of Papillion, NE has a median home value of $128,000 and a median home equity value of $111,000. The average home size in the 68046 zip code is 2 bedrooms and 1 bathroom. Approximately 33% of the homes in the 68046 zip code are owner-occupied while 67% are occupied by renters. The median household income in the 68046 zip code is $47,500 which is lower than the national median household income of $53,046. Additionally, 31% of households in the 68046 zip code have children under the age of 18 living with them, which is higher than the national average percentage of 25%.

The majority (77%) of households in the 68046 zip code earn less than $50,000 per year while only 17% earn more than $100,000 per year. Additionally, 27% of households in the 68046 zip code have zero or negative net worth which is higher than both Nebraska's statewide percentage (14%) and national percentage (21%). Despite these high percentages of low-income and negative net worth households, homeownership rates remain relatively high for this area with 63% owning their homes compared to Nebraska's statewide homeownership rate (55%). This suggests that despite difficult economic conditions many people are still able to own their homes.

Overall it can be seen that there are many challenges facing residents in the 68046 zip code including low incomes and negative net worths. However despite these challenges many people are still able to own their homes which suggests that there may be some opportunities for those who are willing to work hard.