HousingHandbookReference data

U.S. ZIP Code · NE68114

Douglas County · Omaha, NE-IA

Typical home value

$309,215[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
0.0%
5-year / yr
+4.2%
10-year / yr
+5.8%

Relative price

vs U.S.
+8.9%
vs metro
+1.7%
vs state
+34.0%
ZIP 68114 location in NE
Location of ZIP 68114 in NE

Price history

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

The typical home in 68114 is worth $309,215 — 1.7% above the Omaha, NE-IA median. Over the past year, values have fallen 0.0%. Homes here rent for a typical $1,395 a month — a 5.4% gross rental yield. The effective property tax rate is 1.6%.

#Rent & investment

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

Monthly rent
$1,395[2]
Gross yield
5.4%[2]
Cap rate
3.2%[2]

#Property tax

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

Effective tax rate
1.6%[3]
Typical annual tax
$4,862[3]

#Climate risk

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

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

#Who lives here

Population
17,596[3]
Median household income
$69,469[3]

#Migration

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

Net migration
-396[5]
Moved in
14,272
Moved out
14,668

Schools

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

Public schools
6
Elementary
4
Middle
0
High
1
  • WESTSIDE HIGH SCHOOL

    High · Grades 9–12 · WESTSIDE COMMUNITY SCHOOLS

    2,138 students

  • WESTBROOK ELEMENTARY SCHOOL

    Elementary · Grades PK–6 · WESTSIDE COMMUNITY SCHOOLS

    549 students

  • HILLSIDE ELEMENTARY SCHOOL

    Elementary · Grades PK–6 · WESTSIDE COMMUNITY SCHOOLS

    381 students

  • CARL A SWANSON ELEMENTARY SCH

    Elementary · Grades PK–6 · WESTSIDE COMMUNITY SCHOOLS

    289 students

  • LOVELAND ELEMENTARY SCHOOL

    Elementary · Grades PK–6 · WESTSIDE COMMUNITY SCHOOLS

    287 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 yield5.4%
Net yield (after ~40% expenses)3.2%
Annual rent$16,738

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$1,564
Loan principal$247,372
Down payment$61,843
Total interest paid$315,509

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 ratio1.60
Monthly cost to own$2,226
Monthly rent$1,395

Renting is meaningfully cheaper month-to-month.

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
9th percentile[1]
Rental yield
46th percentile[2]
Property tax
76th percentile[3]

Frequently asked

How much is a home worth in ZIP code 68114?
The typical home in 68114 is worth $309,215, based on the Zillow Home Value Index.
Are home values rising in 68114?
Home values in 68114 are down 0.0% over the past year, and up 4.2% a year over five years.
What is the typical rent in 68114?
A typical home in 68114 rents for about $1,395 a month, a gross rental yield of 5.4%.
What is the property tax rate in 68114?
The effective property tax rate in 68114 is 1.6% — roughly $4,862 a year on a typical home.
Who lives in 68114?
ZIP code 68114 has a population of 17,596 and a median household income of $69,469.

#Comparable ZIPs

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

  • Bentley CDP, IA

    Typical home
    $309,988
    Gross yield
  • Plattsmouth, NE

    Typical home
    $310,885
    Gross yield
  • Greenwood, NE

    Typical home
    $306,378
    Gross yield
  • La Vista, NE

    Typical home
    $312,270
    Gross yield
    5.2%
  • Council Bluffs, IA

    Typical home
    $305,901
    Gross yield
    4.5%
  • Glenwood, IA

    Typical home
    $314,210
    Gross yield

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