PlainZIP

Funk, NE · standard

ZIP Code 68940

Phelps County, Nebraska - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

496
2/sq mi
$107,841
Median income
$209,400
Median home value
30.3%
Bachelor's or higher

The verdict

Funk pairs an upper-quartile household income with below-median home values, in a rural, homeowner-dominated area.

Top 14%
household income, US ZIPs
46th pct
home value, US ZIPs
2
people per sq mi
85%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 68940 against every reporting US ZIP.

ZIP code 68940 is a sparsely populated ZIP (a standard USPS delivery area) in Funk, Phelps County, Nebraska, home to just 496 residents across 248.0 square miles, a density of 2 people per square mile, in the Chicago time zone.

ZIP 68940 lands in the middle-income range, with a median household income of $107,841 (41% above the Nebraska average), while per-capita income is $44,918. 3.3% of residents live below the poverty line, and the unemployment rate reads 0.0%. The typical home here is valued at $209,400 (12% above the state average); renters pay a median of - monthly, and 84.6% of units are owner-occupied.

A solid share of residents have a four-year degree: 30.3% of adults hold a bachelor's degree or higher, the median age is 35.8, and the average commute is -. Beyond these figures, 3 nearby ZIP codes within about 10 miles are surfaced below, along with 4 more sharing Phelps County, letting you compare 68940 to its immediate surroundings rather than a national baseline alone.

Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 68940, Funk, NE · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.

Quick Facts

496

Population

248.0

Area (sq mi)

2

People / sq mi

Chicago

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 68940?

35.8

Median Age

52.5%

Male

47.5%

Female

1.2%

Foreign-Born

White 92.9%
African American 0.2%
Asian 0.0%
American Indian or Alaska Native 2.3%
Native Hawaiian or Pacific Islander 1.5%
Two or More Ethnicities 2.7%
Hispanic or Latino 6.0%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$107,841

Median Household Income

+41% vs state

$44,918

Per Capita Income

3.3%

Poverty Rate

0.0%

Unemployment Rate

How ZIP 68940 ranks nationally

Funk, NE household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$107,841 Top 14% higher than 86% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). Below this entry. $80,000–$100,000: 5,778 US ZIPs (19%). Below this entry. $100,000–$120,000: 2,855 US ZIPs (9%). This entry sits in this band. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 55.6%
Bachelor's Degree or Higher 30.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

178

Total Housing Units

175

Occupied Units

3

Vacant Units

2.96

Avg Household Size

Occupancy Type

Owner 84.6%
Renter 15.4%

$209,400

Median Home Value

+12% vs state

1975

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What businesses operate in this ZIP?

Census Bureau data shows 7 business establishments in ZIP 68940, employing approximately 32 people with a combined annual payroll of $1,553,000.

7

Businesses

32

Employees

$1.6M

Annual Payroll

0

Industry Sectors

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nearby ZIP Codes

Want a side-by-side? Compare 68940 vs 68924 →

ZIP 68940 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 68940 ranks #3 by population - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 68940 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 68940 ranks the highest of 3 neighboring ZIPs, local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
68924 Axtell, NE 1,180 7.6 mi
68949 Holdrege, NE 6,567 11.4 mi
68849 Kearney, NE 384 12.6 mi

More ZIP Codes in Phelps County

68949 standard
Holdrege, NE
Pop: 6,567
68927 standard
Bertrand, NE
Pop: 1,164
68958 standard
Loomis, NE
Pop: 661
68923 standard
Atlanta, NE
Pop: 131

Related Areas

Phelps County Funk, NE Nebraska

Frequently Asked Questions

What county is ZIP code 68940 in? ▼
ZIP code 68940 (Funk) is located in Phelps County, Nebraska. Phelps County contains multiple ZIP codes, see the full list at /counties/phelps-ne.
What is the population of ZIP code 68940? ▼
ZIP code 68940 in Funk, NE has a population of 496 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 68940? ▼
The median household income in ZIP 68940 is $107,841, which is 41% above the national average of $76,288.
What is the average home value in ZIP 68940? ▼
The median home value in ZIP 68940 is $209,400, which is 25% below the national average of $278,155.
What is the demographic makeup of ZIP 68940? ▼
The largest racial group in ZIP 68940 is White at 92.9%. Hispanic or Latino residents make up 6.0% of the population.
How many businesses are in ZIP code 68940? ▼
ZIP code 68940 has 7 business establishments employing approximately 32 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What is the education level in ZIP code 68940? ▼
In ZIP code 68940, 55.6% of residents aged 25+ have a high school diploma or higher, and 30.3% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What percentage of residents own vs. rent in ZIP 68940? ▼
In ZIP code 68940, approximately 84.6% of occupied housing units are owner-occupied and 15.4% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 68940? ▼
The poverty rate in ZIP code 68940 is 3.3% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

Read our methodology to see how this data is sourced, computed, and verified.