ZIP 68116 - 860Z200US68116 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 68116, located in the Omaha, Nebraska area, this demographic and housing snapshot offers a clear picture of the community in 2023. With a population of over 34,000 and a strong median household income, this ZIP code presents a stable and growing environment for homebuyers, real estate investors, small-business owners, and analysts. Let’s dive into the key metrics to help you understand what makes 68116 unique and whether it aligns with your goals.

Population & Households

ZIP 68116 is home to 34,209 residents, making it a moderately sized community with a suburban feel. These individuals are distributed across 12,664 households, reflecting a mix of family units, singles, and retirees. The total number of housing units stands at 13,071, indicating a slight surplus of available homes or apartments compared to occupied households. This balance suggests potential opportunities for buyers or renters looking to settle in the area, as well as for investors eyeing vacant properties.

Income & Housing Costs

One of the standout features of ZIP 68116 is its robust median household income of $119,182, which points to a financially secure community with significant purchasing power. This income level supports a strong housing market, evidenced by a median house value of $319,900. For renters, the median monthly rent is $1,440, which is reasonable relative to the area’s income and home values. These figures suggest that 68116 is a desirable location for those seeking a balance of affordability and quality living, while also offering potential for property value appreciation for investors.

Race & Ethnicity

The demographic makeup of ZIP 68116 reflects a predominantly white population at 77.1%, with smaller but notable representation from other groups. Black residents account for 6.34% of the population, Asian residents make up 5.57%, and Hispanic or Latino individuals comprise 6.14%. This diversity, while not as pronounced as in some urban centers, contributes to a community with varied cultural perspectives, which can be a draw for businesses catering to different customer bases or families seeking an inclusive environment.

Key Facts

• Total population in ZIP 68116: 34,209 residents as of 2023.
• Total households: 12,664, indicating a mix of family and individual living arrangements.
• Total housing units: 13,071, with a small surplus of available properties.
• Median household income: $119,182, reflecting strong economic stability.
• Median house value: $319,900, a solid investment opportunity.
• Median rent: $1,440 per month, competitive for the income level.
• Racial composition: 77.1% white, 6.34% black, 5.57% Asian, 6.14% Hispanic.

What This Means for You

For homebuyers, ZIP 68116 offers a financially stable community with a median home value of $319,900, which aligns well with the area’s high median income. This suggests you’re likely to find quality homes and a neighborhood with strong economic footing. Investors and real estate agents will appreciate the slight surplus of housing units (13,071 total versus 12,664 households), which could mean opportunities for rental properties or flips, especially given the potential for value growth in a high-income area. Small-business owners can leverage the diverse, albeit predominantly white, population and significant disposable income to target products or services to a reliable customer base. Analysts studying market trends will find 68116’s data useful for benchmarking suburban growth, housing demand, and economic health in the Omaha region.

Run This Study Yourself

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