ZIP Code 68304 — Alvo village, NE Demographics & Data

ZIP code 68304 covers Alvo, NE in Cass County with a population of about 412.

At a glance, the area shows median age of 35.5 versus a U.S. median of about 38.9.

It sits in telephone area codes 402, 531; U.S. House district NE-1; the OMAHA media market.

Median household income in ZIP 68304 is about $79,821 — about 6% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 5.7%; unemployment rate near 1.7%; 34.4% of adults with a bachelor’s degree or higher (roughly in line with the national share (33.7%)).

Labor and commute patterns include leading industry context around Wholesale trade, Transportation, and Healthcare; about 2.9% of workers reporting work-from-home (about 12.3 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 $307,100 — about 12% below the U.S. median home value ($348,079).

Housing tenure and rents show owner-occupancy near 77.3% (about 11.8 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 68304 in Alvo, NE, a household would need roughly $85,000 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 $1,973. That is roughly in line with the local median household income ($79,821). 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 Alvo village, NE as Very Low (composite score 31.0), which is relatively lower than many U.S. communities. The strongest component scores on US5 are wildfire (74.1) and flood (37.0). 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 Alvo village, NE show little to no average snow and around 32.3 inches of annual precipitation.

IRS migration statistics show a net inflow of about 26 for ZIP 68304 (Alvo 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.