ZIP Code 68042 — Memphis village, NE Demographics & Data

ZIP code 68042 covers Memphis, NE in Saunders County with a population of about 115.

At a glance, the area shows median age of 22.4 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 2.6%; unemployment rate near 0.0%; 2.0% of adults with a bachelor’s degree or higher (about 31.7 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Construction, Other services, and Retail trade; about 9.1% of workers reporting work-from-home (about 6.1 points below the U.S. share (15.2%)); a mean commute of about 50.0 minutes (U.S. average near 26.8).

Median home value is about $183,300 — about 47% below the U.S. median home value ($348,079).

Housing tenure and rents show owner-occupancy near 59.5% (about 5.9 points below the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 68042 in Memphis, NE, a household would need roughly $50,000 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 $1,177. 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 Memphis 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 Memphis village, NE show little to no average snow and around 30.1 inches of annual precipitation.

IRS migration statistics show a net inflow of about 7 for ZIP 68042 (Memphis 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.