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Broadwater, NE Profile: Facts & Data

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Broadwater, Nebraska - Basic Facts

The Village of Broadwater had a population of 103 as of July 1, 2024.

The primary coordinate point for Broadwater is located at latitude 41.5961 and longitude -102.8527 in Morrill County. The formal boundaries for the Village of Broadwater encompass a land area of 0.16 sq. miles and a water area of 0 sq. miles. Morrill County is in the Mountain time zone (GMT -7).

The Village of Broadwater has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Village of Broadwater is located within Broadwater Election Precinct, a minor civil division (MCD) of Morrill County.


Jump to... (On This Page!)
  1. Broadwater 2024 Demographic Data
  2. Growth Rates for Broadwater (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Nebraska Research Tools (Easy Tools & Current Data)
  3. Nebraska Data Comparison Tool - 2024 Demographics
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Broadwater, NE Data & Demographics (As of July 1, 2024)

POPULATION

Total Population 103 (100%)
Population in Households 103 (100.0%)
Population in Families 87 (84.5%)
Population in Group Quarters1 0
Population Density 658
Diversity Index2 27
 
 

INCOME

Median Household Income $35,000
Average Household Income $61,522
% of Income for Mortgage4 0%
Per Capita Income $25,087
Wealth Index5 41
Socioeconomic Status Index6 Moderate (57.4)
 

HOUSING

Total HU (Housing Units) 69 (100%)
Owner Occupied HU 35 (50.7%)
Renter Occupied HU 7 (10.1%)
Vacant Housing Units 27 (39.1%)
Median Home Value $139,286
Average Home Value $194,286
Housing Affordability Index3 0
 

HOUSEHOLDS

Total Households 42
Average Household Size 2.45
Family Households 26
Average Family Size 3.00
NOTES
  1. 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.
  2. 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.
  3. 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.
  4. 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).
  5. 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.
  6. 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.

GROWTH RATE / YEAR

 2020-2024 2024-2029
Population 1.92% -0.19%
Households -0.55% 0.00%
Families   4.24%
Median Household Income   15.23%
Per Capita Income   2.45%
Owner Occupied HU   -2.40%

Broadwater, NE - Peer Comparisons by Rank and Percentile

The table below compares Broadwater 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.

Variable Description Rank Percentile
Total Population # 438 26th
Population Density # 339 43rd
Median Household Income # 591 1st
Housing Affordability Index # 193 33rd
Per Capita Income # 572 4th
Diversity Index # 159 73rd

Additional comparisons and rankings can be made with a VERY EASY TO USE Nebraska Census Data Comparison Tool.

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