HousingHandbookReference data

U.S. ZIP Code · IA51542

Pottawattamie County · Omaha, NE-IA

Typical home value

$461,678[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+5.3%
5-year / yr
+8.5%
10-year / yr

Relative price

vs U.S.
+62.5%
vs metro
+51.8%
vs state
+125.6%
ZIP 51542 location in IA
Location of ZIP 51542 in IA

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 51542 is worth $461,678 — 51.8% above the Omaha, NE-IA median. Over the past year, values have risen 5.3%. The effective property tax rate is 1.0%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.0%[3]
Typical annual tax
$4,591[3]

#Climate risk

FEMA National Risk Index ratings for Pottawattamie County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Low[4]
Riverine flood
Relatively Moderate
Coastal flood
Not Applicable
Wildfire
Relatively Low
Drought
Relatively Moderate
Heat wave
Relatively Moderate
Hurricane
No Rating
Tornado
Relatively High
Earthquake
Very Low
Winter weather
Relatively Moderate

#Who lives here

Population
802[3]
Median household income
$118,165[3]

#Migration

Household moves in and out of Pottawattamie County over a year, from IRS tax-return data.

Net migration
+28[5]
Moved in
2,208
Moved out
2,180

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$2,334
Loan principal$369,343
Down payment$92,336
Total interest paid$471,076

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$3,100
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
100th percentile[1]
Rental yield
[2]
Property tax
8th percentile[3]

Frequently asked

How much is a home worth in ZIP code 51542?
The typical home in 51542 is worth $461,678, based on the Zillow Home Value Index.
Are home values rising in 51542?
Home values in 51542 are up 5.3% over the past year, and up 8.5% a year over five years.
What is the property tax rate in 51542?
The effective property tax rate in 51542 is 1.0% — roughly $4,591 a year on a typical home.
Who lives in 51542?
ZIP code 51542 has a population of 802 and a median household income of $118,165.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Malmo, NE

    Typical home
    $461,100
    Gross yield
  • Richfield CDP, NE

    Typical home
    $459,744
    Gross yield
  • Omaha, NE

    Typical home
    $456,019
    Gross yield
    4.3%
  • Waterloo, NE

    Typical home
    $443,918
    Gross yield
  • Gretna, NE

    Typical home
    $438,998
    Gross yield
    4.5%
  • Morse Bluff, NE

    Typical home
    $429,917
    Gross yield

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 51542 against any other ZIP — full side-by-side table.

Compare 51542

#Jump to section