HousingHandbookReference data

U.S. ZIP Code · NE68023

Washington County · Omaha, NE-IA

Typical home value

$532,395[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+3.2%
5-year / yr
+5.6%
10-year / yr
+6.6%

Relative price

vs U.S.
+87.4%
vs metro
+75.0%
vs state
+130.7%
ZIP 68023 location in NE
Location of ZIP 68023 in NE

Price history

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

The typical home in 68023 is worth $532,395 — 75.0% above the Omaha, NE-IA median. Over the past year, values have risen 3.2%. The effective property tax rate is 1.7%.

#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
1.7%[3]
Typical annual tax
$9,116[3]

#Climate risk

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

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

#Who lives here

Population
2,687[3]
Median household income
$116,287[3]

#Migration

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

Net migration
-76[5]
Moved in
594
Moved out
670

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
2
Elementary
1
Middle
0
High
1
  • FORT CALHOUN ELEMENTARY SCHOOL

    Elementary · Grades PK–6 · FORT CALHOUN COMMUNITY SCHS

    465 students

  • FORT CALHOUN JR-SR HIGH SCHOOL

    High · Grades 7–12 · FORT CALHOUN COMMUNITY SCHS

    383 students

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$2,692
Loan principal$425,916
Down payment$106,479
Total interest paid$543,232

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$3,894
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
51st percentile[1]
Rental yield
[2]
Property tax
91st percentile[3]

Frequently asked

How much is a home worth in ZIP code 68023?
The typical home in 68023 is worth $532,395, based on the Zillow Home Value Index.
Are home values rising in 68023?
Home values in 68023 are up 3.2% over the past year, and up 5.6% a year over five years.
What is the property tax rate in 68023?
The effective property tax rate in 68023 is 1.7% — roughly $9,116 a year on a typical home.
Who lives in 68023?
ZIP code 68023 has a population of 2,687 and a median household income of $116,287.

#Comparable ZIPs

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

  • Omaha, NE

    Typical home
    $514,254
    Gross yield
    4.0%
  • Valley, NE

    Typical home
    $512,591
    Gross yield
  • IA

    Typical home
    $461,678
    Gross yield
  • 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%

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