68040 Zip Code (Malmo, NE) Detailed Profile

Estimated zip code population in 2022: 380
Zip code population in 2010: 369
Zip code population in 2000: 345

Houses and condos: 235
Renter-occupied apartments: 14
March 2022 cost of living index in zip code 68040: 73.1 (low, U.S. average is 100)

Land area: 35.6 sq. mi.
Water area: 0.2 sq. mi.

Population density: 11 people per square mile

(very low).

Real estate property taxes paid for housing units in 2022:
Median real estate property taxes paid for housing units with mortgages in 2022: $2,471 (0.7%)
Median real estate property taxes paid for housing units with no mortgage in 2022: $2,774 (0.8%)

For population 25 years and over in 68040:

• High school or higher: 91.3%
• Bachelor's degree or higher: 29.9%
• Graduate or professional degree: 18.7%
• Mean travel time to work (commute): 41.1 minutes

For population 15 years and over in 68040:

• Never married: 14.5%
• Now married: 74.0%
• Separated: 0.0%
• Widowed: 6.1%
• Divorced: 5.3%

• 
• • 35894.2%White
  • 195.0%Hispanic or Latino
  • 30.8%Black

100% rural population.

Averages for the 2020 tax year for zip code 68040, filed in 2021:

Average Adjusted Gross Income (AGI) in 2020: $59,950 (Individual Income Tax Returns)

Here:	$59,950
State:	$73,874

Salary/wage: $55,347 (reported on 75.0% of returns)

Here:	$55,347
State:	$58,268

(% of AGI for various income ranges: 1360.0% for AGIs below $25k, 6035.0% for AGIs $25k-50k, 6896.7% for AGIs $50k-75k, 15393.3% for AGIs $100k-200k)

Taxable interest for individuals: $875 (reported on 40.0% of returns)

This zip code:	$875
Nebraska:	$1,748

(% of AGI for various income ranges: 36.7% for AGIs below $25k, 143.3% for AGIs $50k-75k, 53.3% for AGIs $100k-200k)

Ordinary dividends: $575 (reported on 40.0% of returns)

Here:	$575
State:	$7,841

(% of AGI for various income ranges: 23.3% for AGIs below $25k, 130.0% for AGIs $50k-75k)

Net capital gain/loss in AGI: +$11,340 (reported on 25.0% of returns)

Here:	+$11,340
State:	+$21,703

(% of AGI for various income ranges: 1890.0% for AGIs $50k-75k)

Profit/loss from business: +$2,300 (reported on 15.0% of returns)

Here:	+$2,300
State:	+$11,239

(% of AGI for various income ranges: 345.0% for AGIs $25k-50k)

Taxable individual retirement arrangement distribution: $4,567 (reported on 15.0% of returns)

68040:	$4,567
Nebraska:	$18,251

(% of AGI for various income ranges: 685.0% for AGIs $25k-50k)

Percentage of individuals using paid preparers for their 2020 taxes: 90.0%

Here:	90%
State:	95%

(% for various income ranges: 100.0% for AGIs below $25k, 80.0% for AGIs $25k-50k, 83.3% for AGIs $50k-75k, 100.0% for AGIs $100k-200k)

Averages for the 2012 tax year for zip code 68040, filed in 2013:

Average Adjusted Gross Income (AGI) in 2012: $48,295 (Individual Income Tax Returns)

Here:	$48,295
State:	$60,572

Salary/wage: $43,438 (reported on 80.0% of returns)

Here:	$43,438
State:	$47,046

(% of AGI for various income ranges: 78.0% for AGIs below $25k, 74.3% for AGIs $25k-50k, 59.4% for AGIs $50k-75k, 69.7% for AGIs $75k-100k, 78.5% for AGIs $100k-200k)

Taxable interest for individuals: $538 (reported on 40.0% of returns)

This zip code:	$538
Nebraska:	$1,535

Ordinary dividends: $333 (reported on 15.0% of returns)

Here:	$333
State:	$5,776

Net capital gain/loss in AGI: +$2,967 (reported on 15.0% of returns)

Here:	+$2,967
State:	+$16,171

Profit/loss from business: +$1,733 (reported on 15.0% of returns)

Here:	+$1,733
State:	+$9,897

Taxable individual retirement arrangement distribution: $5,100 (reported on 10.0% of returns)

68040:	$5,100
Nebraska:	$12,804

Total itemized deductions: $18,940 (23% of AGI, reported on 25.0% of returns)

Here:	$18,940
State:	$23,343

Here:	23.4% of AGI
State:	18.7% of AGI

Charity contributions: $1,367 (reported on 15.0% of returns)

Here:	$1,367
State:	$4,921

Taxes paid: $5,820 (reported on 25.0% of returns)

68040:	$5,820
State:	$9,758

Earned income credit: $2,050 (reported on 10.0% of returns)

Here:	$2,050
State:	$2,188

(% of AGI for various income ranges: 5.6% for AGIs below $25k)

Percentage of individuals using paid preparers for their 2012 taxes: 75.0%

Here:	75%
State:	57%

(% for various income ranges: 71.4% for AGIs below $25k, 80.0% for AGIs $25k-50k, 100.0% for AGIs $50k-75k, 100.0% for AGIs $75k-100k)

Averages for the 2004 tax year for zip code 68040, filed in 2005:

Average Adjusted Gross Income (AGI) in 2004: $27,589 (Individual Income Tax Returns)

Here:	$27,589
State:	$44,271

Salary/wage: $27,109 (reported on 81.5% of returns)

Here:	$27,109
State:	$38,230

(% of AGI for various income ranges: 130.3% for AGIs below $10k, 83.1% for AGIs $10k-25k, 70.9% for AGIs $25k-50k, 84.0% for AGIs $50k-75k)

Taxable interest for individuals: $979 (reported on 57.1% of returns)

This zip code:	$979
Nebraska:	$1,759

(% of AGI for various income ranges: 5.2% for AGIs below $10k, 2.2% for AGIs $10k-25k, 3.5% for AGIs $25k-50k, 0.2% for AGIs $50k-75k)

Taxable dividends: $321 (reported on 48.2% of returns)

Here:	$321
State:	$2,804

Net capital gain/loss: +$970 (reported on 19.6% of returns)

Here:	+$970
State:	+$7,887

Profit/loss from business: +$1,833 (reported on 10.7% of returns)

Here:	+$1,833
State:	+$7,743

Profit/loss from farming: +$4,698 (reported on 25.6% of returns)

Here:	+$4,698
State:	-$1,077

Total itemized deductions: $15,968 (27% of AGI, reported on 18.5% of returns)

Here:	$15,968
State:	$18,692

Here:	27.1% of AGI
State:	21.1% of AGI

Charity contributions deductions: $1,250 (2% of AGI, reported on 14.3% of returns)

Here:	$1,250
State:	$3,500

Here:	2.2% of AGI
State:	3.8% of AGI

Total tax: $2,748 (reported on 66.1% of returns)

68040:	$2,748
State:	$6,550

(% of AGI for various income ranges: 9.0% for AGIs below $10k, 4.8% for AGIs $10k-25k, 5.7% for AGIs $25k-50k, 7.9% for AGIs $50k-75k)

Earned income credit: $1,526 (reported on 11.3% of returns)

Here:	$1,526
State:	$1,643

Percentage of individuals using paid preparers for their 2004 taxes: 80.4%

Here:	80%
State:	62%

(% for various income ranges: 69.4% for AGIs below $10k, 83.7% for AGIs $10k-25k, 90.2% for AGIs $25k-50k, 76.0% for AGIs $50k-75k)

Nearest zip codes: 68050, 68070, 68018, 68648, 68015, 68066.
No gay or lesbian households reported

Household received Food Stamps/SNAP in the past 12 months: 0
Household did not receive Food Stamps/SNAP in the past 12 months: 153

Women who had a birth in the past 12 months: 21 (22 now married, 0 unmarried)
Women who did not have a birth in the past 12 months: 46 (24 now married, 22 unmarried)

Housing units in zip code 68040 with a mortgage: 77 (2 second mortgage, 2 both second mortgage and home equity loan)
Median monthly owner costs for units with a mortgage: $1,769
Median monthly owner costs for units without a mortgage: $643

Residents with income below the poverty level in 2022:
Residents with income below 50% of the poverty level in 2022:

• Zip code 68040 household income distribution in 2022

• 6$15,000 to $19,999
• 14$20,000 to $24,999
• 4$25,000 to $29,999
• 6$30,000 to $34,999
• 9$40,000 to $44,999
• 8$50,000 to $59,999
• 9$60,000 to $74,999
• 13$75,000 to $99,999
• 34$100,000 to $124,999
• 11$150,000 to $199,999
• 37$200,000 or more

• Estimate of home value of owner-occupied houses/condos in 2022 in zip code 68040

• 3$60,000 to $69,999
• 6$70,000 to $79,999
• 9$80,000 to $89,999
• 4$100,000 to $124,999
• 2$125,000 to $149,999
• 9$150,000 to $174,999
• 7$175,000 to $199,999
• 10$200,000 to $249,999
• 8$250,000 to $299,999
• 59$300,000 to $399,999
• 13$400,000 to $499,999
• 15$500,000 to $749,999

Estimated median house (or condo) value in 2022 for:

• White Non-Hispanic householders: $267,109

Estimated median house or condo value in 2022: $342,722 Lower value quartile - upper value quartile: $182,106 - $427,749

Mean price in 2022:

Detached houses: $307,001

Here:	$307,001
State:	$274,677

Housing units in structures:

• One, detached: 156
• Mobile homes: 63

• Means of transportation to work in zip code 68040

• 71.4%169Drove a car alone
• 14.4%34Carpooled
• 0.8%2Walked
• 12.7%30Worked at home

• Travel time to work (commute) in zip code 68040

• 2Less than 5 minutes
• 810 to 14 minutes
• 2715 to 19 minutes
• 1920 to 24 minutes
• 2025 to 29 minutes
• 1935 to 39 minutes
• 440 to 44 minutes
• 3045 to 59 minutes
• 7160 to 89 minutes

Percentage of zip code residents living and working in this county: 41.5%

Household type by relationship:

Households: 380

• Male householders: 57 (20 living alone), Female householders: 97 (16 living alone)

• 113 spouses (113 opposite-sex spouses), 5 unmarried partners, (5 opposite-sex unmarried partners), 103 children (97 natural, 0 adopted, 6 stepchildren), 3 grandchildren, 0 brothers or sisters, 1 parents, 0 foster children, 4 other relatives, 0 non-relatives

Size of family households: 69 2-persons, 7 3-persons, 29 4-persons, 2 5-persons, 2 6-persons

Size of nonfamily households: 34 1-person, 7 2-persons

74 married couples with children.
0 single-parent households ().

98.5% of residents of 68040 zip code speak English at home.
1.2% of residents speak Spanish at home (100% very well).

Facilities with environmental interests located in this zip code:

• MALMO GRAIN CO (RAILROAD AVE in MALMO, NE)

  AIR MINOR (AIRS/AFS)
  STATE MASTER (Nebraska tracking) - AIR PROGRAM
  Business SIC classification: GRAIN AND FIELD BEANS
  

• MALMO PUBLIC SCHOOL ( in MALMO, NE)

  (Geographic Names Information System)
  (National Center for Education Statistics) - STATE ID-780036001
  

Housing units lacking complete plumbing facilities: 30.5%
Housing units lacking complete kitchen facilities: 26.2%

Population in 1990: 584.

Place of birth for U.S.-born residents:

• This state: 300
• Northeast: 3
• Midwest: 35
• South: 14
• West: 4

74% of the 68040 zip code residents lived in the same house 5 years ago.
   Out of people who lived in different houses, 45% lived in this county.
   Out of people who lived in different counties, 50% lived in Nebraska.

98% of the 68040 zip code residents lived in the same house 1 year ago.
   Out of people who lived in different houses, 80% moved from this county.
   Out of people who lived in different houses, 40% moved from different state.
   Out of people who lived in different houses, 40% moved from abroad.

Private vs. public school enrollment:

Students in private schools in grades 1 to 8 (elementary and middle school): 7
Students in private schools in grades 9 to 12 (high school): 1 Students in private undergraduate colleges:

Top industries in this zip code by the number of employees in 2005:

• Finance and Insurance: Commercial Banking (10-19 employees: 1 establishment)
• Other Services (except Public Administration): Religious Organizations (1-4: 1)
• Construction: Poured Concrete Foundation and Structure Contractors (1-4: 1)
• Administrative and Support and Waste Management and Remediation Services: All Other Support Services (1-4: 1)

Most common first names in zip code 68040 among deceased individuals
Name	Count	Lived (average)
Emma	5	88.2 years
John	4	69.0 years
Agnes	3	86.3 years
Frank	3	84.6 years
Jerry	3	79.7 years
Joe	3	76.4 years
Joseph	3	78.0 years
Kenneth	3	76.3 years
Mary	3	84.7 years
Eugene	2	59.5 years

Most common last names in zip code 68040 among deceased individuals
Last name	Count	Lived (average)
Dauel	5	79.6 years
Houfek	4	87.7 years
Volin	4	79.0 years
Proskovec	4	72.5 years
Holtorf	4	85.7 years
Schultz	4	87.5 years
Tepoel	4	80.5 years
Kaspar	3	85.0 years
Havelka	3	65.3 years
Peterson	3	66.7 years