Broken Bow, NE Profile: Facts & Data

The City of Broken Bow had a population of 3,509 as of July 1, 2024. Broken Bow ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Nebraska. See peer rankings below.

The primary coordinate point for Broken Bow is located at latitude 41.402 and longitude -99.6393 in Custer County. The formal boundaries for the City of Broken Bow encompass a land area of 1.95 sq. miles and a water area of 0 sq. miles. Custer County is in the Central time zone (GMT -6).

The City of Broken Bow has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Broken Bow, NE Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	3,509 (100%)
Population in Households	3,443 (98.1%)
Population in Families	2,549 (72.6%)
Population in Group Quarters¹	66 ( 1.9%)
Population Density	1,737
Diversity Index²	27


INCOME
Median Household Income	$60,086
Average Household Income	$83,345
% of Income for Mortgage⁴	17%
Per Capita Income	$36,392
Wealth Index⁵	67
Socioeconomic Status Index⁶	Moderate (53.0)

HOUSING
Total HU (Housing Units)	1,742 (100%)
Owner Occupied HU	963 (55.3%)
Renter Occupied HU	568 (32.6%)
Vacant Housing Units	211 (12.1%)
Median Home Value	$158,705
Average Home Value	$243,484
Housing Affordability Index³	143

HOUSEHOLDS
Total Households	1,531
Average Household Size	2.25
Family Households	846
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Broken Bow, NE - Peer Comparisons by Rank and Percentile

The table below compares Broken Bow to the other 593 incorporated cities, towns and CDPs in Nebraska by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-0.07%	-0.14%
Households	-0.18%	-0.08%
Families		-0.09%
Median Household Income		2.78%
Per Capita Income		2.48%
Owner Occupied HU		0.35%

Variable Description	Rank	Percentile
Total Population	# 44	93rd
Population Density	# 49	92nd
Median Household Income	# 420	29th
Housing Affordability Index	# 428	72nd
Per Capita Income	# 342	42nd
Diversity Index	# 157	74th

Broken Bow, NE Profile: Facts & Data

Broken Bow, Nebraska - Basic Facts

Broken Bow, NE Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Broken Bow, NE - Peer Comparisons by Rank and Percentile

Broken Bow, NE - Most Popular Things to Do

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