68450, Tecumseh, NE

The 68450 zip code of Tecumseh, Nebraska has a population of approximately 9,500 people. The median household income in this zip code is $54,000 which is lower than the national median household income of $57,617. The unemployment rate in this zip code is 4.5% which is higher than the national unemployment rate of 3.9%.

Home prices in the 68450 zip code have been increasing at a faster rate than home equity values in other parts of the country. In May 2017, the median home price was $130,000 while the median home equity value was only $78,000. This indicates that there is more demand for homes in this zip code than there are available homes for sale. Over the past year, home prices have increased by an average of 8%. This increase in prices has led to an increase in homeowners' equity values as well as mortgage balances. As of May 2017, homeowners' equity values were up by an average of 14% while mortgage balances had increased by an average of 7%.