ZIP 68107 - 860Z200US68107 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 68107, located in the heart of Omaha, Nebraska, understanding the local demographics and housing landscape is essential. This snapshot provides a detailed look at the area's population, income levels, housing costs, and cultural diversity based on the latest 2023 data. Whether you're a homebuyer, real estate investor, small-business owner, or analyst, these insights can help you make informed decisions about this dynamic community.

Population & Households

ZIP 68107 is home to a population of 30,993 residents, making it a moderately sized community with a vibrant local presence. These individuals are distributed across 9,872 households, reflecting a mix of family and individual living arrangements. With 10,253 total housing units in the area, there’s a slight surplus of homes compared to occupied households, which could indicate some availability for new residents or investors looking to enter the market.

Income & Housing Costs

The median household income in ZIP 68107 stands at $59,988, offering a glimpse into the economic stability of the area. This income level suggests a working-class community with moderate purchasing power, which can be a key consideration for businesses targeting local consumers. On the housing front, the median home value is $142,900, positioning this ZIP code as an affordable option for homebuyers compared to many urban markets. For renters, the median monthly rent is $1,015, which aligns with the income levels and provides a reasonable cost of living for those not ready to buy.

Race & Ethnicity

ZIP 68107 boasts a diverse cultural makeup, with a significant Hispanic population at 66.93%, making it a hub for Hispanic heritage and influence in the region. The White population accounts for 23.5%, while Black residents make up 6.66%, and Asian residents represent a smaller share at 0.67%. This diversity shapes the community’s identity, offering unique opportunities for cultural engagement, niche businesses, and inclusive community planning.

Key Facts

• Total population: 30,993 residents, reflecting a sizable and active community.
• Total households: 9,872, indicating a mix of family and solo living arrangements.
• Total housing units: 10,253, suggesting some availability for new occupants.
• Median household income: $59,988, pointing to a moderate economic base.
• Median home value: $142,900, an accessible entry point for homebuyers.
• Median rent: $1,015 per month, offering affordable rental options.
• Dominant ethnicity: Hispanic at 66.93%, highlighting significant cultural diversity.

What This Means for You

For homebuyers, ZIP 68107 presents an affordable opportunity with a median home value of $142,900, well below many metropolitan averages. The slight surplus of housing units could mean less competition when searching for a property. Real estate investors and agents might find value in the area’s diversity and moderate income levels, which suggest a stable rental market with a median rent of $1,015—ideal for targeting working-class tenants. The cultural richness, especially the strong Hispanic presence, could also attract niche investment in culturally tailored properties or services.

For small-business owners, the population of nearly 31,000 and a median income of $59,988 indicate a solid customer base with disposable income for everyday goods and services. The diverse demographic, particularly the Hispanic majority, opens doors for businesses offering culturally specific products or bilingual services. Analysts can use this data to track trends in affordable housing markets or study the impact of diversity on local economies, using ZIP 68107 as a case study for urban community dynamics.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 68107? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date metrics on population, income, housing, and more, tailored to your needs.
• Use the insights to make data-driven decisions for your next home purchase, investment, or business venture.