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Malcolm village, NE

ZIP 68402 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 68402

Median Home Value
$430,800
Median Rent
$735
Affordability Snapshot
$119,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,767/mo PITI).

7%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.6x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

48.8 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 68402 in Malcolm village, NE, a household would need roughly $119,000 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 $2,767. That is roughly in line with the local median household income ($119,904). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
84.8%+30% vs US avg
x
Vacancy Rate
5.3%-49% vs US avg
x
Broadband Access
94.9%+9% vs US avg
x
4+ Bedrooms
21.3%+44% vs US avg
x
Built Pre-1939
6.1%-52% vs US avg
x
Built Post-2014
10.9%+59% vs US avg
x
Rent Burden >30%
18.3%-63% vs US avg
x
Mortgage-Free
30.8%-19% vs US avg
x
$430,800
Home Value
$735
Rent
1985
Year Built
2009
Moved In

Residents have lived here since ~2009 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached86.4%
  • 1-unit attached0.0%
  • 2-9 units2.6%
  • 10+ units9.9%
  • Mobile home & other1.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$430,800
Median rent$735
Owner-occupied84.8%
Vacant5.3%
Price-to-income3.6x
Est. income to buy$119,000