Living in Broken Bow, Nebraska

Cost of living, income, home prices, rent and demographics of Broken Bow · Census data 2020–2024

Broken Bow has 3,502 residents with a median age of 36.6. The median household income is $60,129 (21% lower than the Nebraska median), the median home value is $133,200, the median rent is $876/month.

Broken Bow at a glance

Population
3,502
Median age
36.6State: 37.2
Median household income
$60,129State: $76,475
Median home value
$133,200State: $238,600
Median rent
$876/moState: $1,072
Homeowners
56.7%
Bachelor's degree or higher
20.7%
Average commute
9 min

Is Broken Bow a good place to live?

Pros: Home values 44% lower than the state median; an average commute of 9 minutes; a poverty rate of 8.8%.

Cons: Median household income 21% lower than the Nebraska median; unemployment of 5.9%.

The weather is best in May–June and August–September.

Cost of living in Broken Bow

Housing is the biggest part of the cost of living. In Broken Bow the median home value is $133,200, 60% lower than the U.S. median. Renters pay a median of $876 per month, which is 25% of household income. Homeowners with a mortgage pay $1,323 a month in housing costs.

Median home value

Broken Bow$133,200
Nebraska$238,600
United States$332,700

Median monthly rent

Broken Bow$876
Nebraska$1,072
United States$1,413

Broken Bow median household income

The median household income in Broken Bow is $60,129 and the income per person is $28,928. 8.8% of residents live below the poverty line (Nebraska: 10.6%).

Median household income

Broken Bow$60,129
Nebraska$76,475
United States$80,734

Housing in Broken Bow: homes for sale and rent

Housing units
1,776
Owner-occupied
56.7%
Renter-occupied
43.3%
Vacant
15%Includes seasonal homes
Median year built
1962
Average household size
2.26

Broken Bow demographics

Population
3,502
Median age
36.6
Under 18
28.2%
65 and older
19.3%
Households
1,509
Foreign-born
3.8%
Veterans
6.4%Adults 18+

Race and ethnicity

White86.7%
Hispanic or Latino6.4%
Black1.1%
Asian0.3%

Hispanic or Latino can be of any race. Population history of Broken Bow ›

Education in Broken Bow

20.7% of adults 25 and older in Broken Bow have a bachelor's degree or higher (Nebraska: 34.6%), and 4.9% have a graduate or professional degree.

Bachelor's degree or higher

Broken Bow20.7%
Nebraska34.6%
United States35.7%

Jobs and commute in Broken Bow

Unemployment rate
5.9%State: 3%
Average commute
9 minState: 19 min
Work from home
4.1%
Drive alone
83.7%
Public transit
0%
Walk to work
1.9%
Homes with broadband
73.9%

Broken Bow vs nearby towns

TownPopulationMedian incomeHome valueRent
Broken Bow3,502$60,129$133,200$876
Merna383$61,875$100,000$983
Ansley563$64,688$89,800$1,034
Callaway562$51,146$149,100$631
Oconto167$55,625$60,000$875
Sargent534$54,423$57,900$631
Mason City189$64,375—$838
Arcadia308$81,250$115,400$525
Eddyville125$95,461$102,500—

More for people moving to Broken Bow

Broken Bow ZIP code ›Weather and climate ›

Living in Broken Bow: FAQ

What is the median household income in Broken Bow, NE?

The median household income in Broken Bow is $60,129, 21% lower than the Nebraska median of $76,475 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Broken Bow?

The median home value in Broken Bow is $133,200, compared with $238,600 in Nebraska.

How much is rent in Broken Bow?

The median gross rent in Broken Bow is $876 per month, about 25% of household income.

Is Broken Bow, NE a good place to live?

Pluses: home values 44% lower than the state median; an average commute of 9 minutes; a poverty rate of 8.8%. Minuses: median household income 21% lower than the Nebraska median; unemployment of 5.9%.

What is the median age in Broken Bow?

The median age in Broken Bow is 36.6 years (Nebraska: 37.2).

How long is the commute in Broken Bow?

The average commute to work in Broken Bow is 9 minutes; 4.1% of workers work from home.

What is the unemployment rate in Broken Bow?

The unemployment rate in Broken Bow is 5.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Broken Bow?

20.7% of adults in Broken Bow have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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