HousingHandbookReference data

U.S. ZIP Code · NE68428

Lancaster County · Lincoln, NE

Typical home value

$580,201[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+6.8%
5-year / yr
+6.3%
10-year / yr
+7.1%

Relative price

vs U.S.
+104.2%
vs metro
+66.4%
vs state
+151.5%
ZIP 68428 location in NE
Location of ZIP 68428 in NE

Price history

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

The typical home in 68428 is worth $580,201 — 66.4% above the Lincoln, NE median. Over the past year, values have risen 6.8%. The effective property tax rate is 1.2%.

#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
1.2%[3]
Typical annual tax
$6,752[3]

#Climate risk

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

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

#Who lives here

Population
1,332[3]
Median household income
$115,000[3]

#Migration

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

Net migration
-109[5]
Moved in
6,903
Moved out
7,012

Schools

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

Public schools
3
Elementary
0
Middle
1
High
1
  • SECONDARY SCH AT RAYMOND

    High · Grades 7–12 · RAYMOND CENTRAL PUBLIC SCHOOLS

    363 students

  • INTERMEDIATE SCHOOL AT JR/SR HIGH SCHOOL

    Middle · Grades 6 · RAYMOND CENTRAL PUBLIC SCHOOLS

    51 students

  • RAYMOND CENTRAL PRESCHOOL

    Prekindergarten · Grades PK · RAYMOND CENTRAL PUBLIC SCHOOLS

    50 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$2,934
Loan principal$464,161
Down payment$116,040
Total interest paid$592,011

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$3,978
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
78th percentile[1]
Rental yield
[2]
Property tax
15th percentile[3]

Frequently asked

How much is a home worth in ZIP code 68428?
The typical home in 68428 is worth $580,201, based on the Zillow Home Value Index.
Are home values rising in 68428?
Home values in 68428 are up 6.8% over the past year, and up 6.3% a year over five years.
What is the property tax rate in 68428?
The effective property tax rate in 68428 is 1.2% — roughly $6,752 a year on a typical home.
Who lives in 68428?
ZIP code 68428 has a population of 1,332 and a median household income of $115,000.

#Comparable ZIPs

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

  • NE

    Typical home
    $583,140
    Gross yield
  • Lincoln, NE

    Typical home
    $585,597
    Gross yield
  • Walton CDP, NE

    Typical home
    $601,984
    Gross yield
  • Denton, NE

    Typical home
    $605,502
    Gross yield
  • Lincoln, NE

    Typical home
    $610,542
    Gross yield
  • Princeton CDP, NE

    Typical home
    $528,078
    Gross yield

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

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