ZIP Code 68940 — Funk, NE

About ZIP 68940

ZIP code 68940 serves Funk in Phelps, Nebraska. It centers near 40.5020°, -99.2450° and, by population, qualifies as a sparsely populated rural ZIP. Roughly 503 people are estimated to live within its boundaries based on the U.S. Census Bureau's American Community Survey 5-Year Estimates (2018–2022).

The median household earns about $102,604 per year here. The typical owner-occupied home is valued near $204,700, and asking rents on the open market sit around $769 per month. Compared to the rest of Nebraska, that makes 68940 noticeably pricier than the state average. Looking at the entire state, the average ZIP code reports a median income closer to $63,194 and a median home value of $139,308.

The median resident is around 35.1 years old, and roughly 13.3% of the population holds at least a bachelor's degree.

Cost of living read

If you're considering a move into 68940, the most useful exercise is to compare the housing math against your current ZIP. Here, a typical home runs $204,700 and a typical rental runs $769 a month. Translate that into your own budget:

• At a 7% 30-year mortgage with 20% down, financing the median home here lands monthly principal & interest near $1,089 — before property tax, insurance, or HOA dues.
• Renting the median unit at $769/mo costs roughly $9,228 per year, or about 9.0% of the local median household income.
• For movers from substantially cheaper or more expensive metros, the home-value gap (+$65,392 versus the state average of $139,308) is often the single biggest line item to plan for.

Who lives here

The age and education profile of a ZIP tells you a lot about what daily life feels like there. With a median age of 35.1 and a population of 503, ZIP 68940 reads as a working-age neighborhood with a mix of young professionals and young families.

Geography & nearby ZIPs

This ZIP centers at 40.5020, -99.2450. The eight closest neighboring ZIP codes are listed below — useful if you're scoping out the surrounding area, comparing schools, or just want a feel for the broader neighborhood than this one boundary captures.

How to use this profile

Treat ZipLocal Guide as a starting point — never the final word — when you're researching a relocation. The Census ACS data on this page are reliable medians for the ZIP code tabulation area, but they tell you nothing about which side of the freeway you should live on, which streets the local high schoolers actually walk to school, or how the neighborhood has changed since the 2022 estimate window. For those, walk the area, talk to people on the street, and verify your assumptions with a local agent or community group.

If you find this neighborhood interesting, the easiest next step is to view all ZIPs in Funk or browse the rest of Nebraska.