ZIP Code 68040 — Malmo village, NE Demographics & Data

ZIP code 68040 covers Malmo, NE in Saunders County with a population of about 366.

At a glance, the area shows median age of 53.1 versus a U.S. median of about 38.9.

It sits in telephone area codes 402, 531; U.S. House district NE-2; the OMAHA media market.

On socioeconomic markers, US5 shows a poverty rate of 10.1%; unemployment rate near 0.0%; 28.6% of adults with a bachelor’s degree or higher (about 5.1 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Healthcare, Retail trade, and Manufacturing; about 11.8% of workers reporting work-from-home (about 3.4 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $265,400 — about 24% below the U.S. median home value ($348,079).

Housing tenure and rents show owner-occupancy near 99.4% (about 34.0 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 68040 in Malmo, NE, a household would need roughly $73,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,705. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for Malmo village, NE as Very Low (composite score 29.1), which is relatively lower than many U.S. communities. The strongest component scores on US5 are wildfire (72.2) and flood (32.5). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Malmo village, NE show little to no average snow and around 31.6 inches of annual precipitation.

IRS migration statistics show a net inflow of about 23 for ZIP 68040 (Malmo village, NE) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.