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Broken Bow, Nebraska Demographics & Population 2026

Very AffordableHome value to income ratio of 2.2x is exceptionally low

During the 2020–2024 ACS period, Broken Bow, Nebraska had a total population of 3,502, the 43rd largest city in Nebraska, with a median household income of $60,129, which is 21% lower than the state average. The poverty rate is 8.8%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Broken Bow Quick Facts

Population 3,502
Median Household Income $60,129
Median Home Value $133,200
Poverty Rate 8.8%
Unemployment Rate 5.9%
Median Age 36.6 years
Homeownership Rate 56.7%
Affordability Ratio 2.2x
Bachelor's Degree or Higher 20.7%
High School Graduation Rate 93.7%
Diversity Index 24/100
Population 3,502 43rd of 583
Median Income $60,129 below average
Poverty Rate 8.8% 29% lower than national
Median Home Value $133,200 average

How Broken Bow Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population3,5243,502-0.6%
Median household income$56,438$60,129+6.5%
Median home value$124,600$133,200+6.9%

How Broken Bow Compares

Economy & Housing

Household Income Distribution

Under $25K 18.0%
$25K-$50K 19.4%
$50K-$100K 38.9%
$100K+ 23.7%
Detailed income brackets
Under $10K
1.4%
$10K-$15K
5.3%
$15K-$20K
4.7%
$20K-$25K
6.6%
$25K-$30K
3.3%
$30K-$35K
4.5%
$35K-$40K
2.2%
$40K-$45K
6.6%
$45K-$50K
2.8%
$50K-$60K
12.5%
$60K-$75K
13.1%
$75K-$100K
13.3%
$100K-$125K
13.2%
$125K-$150K
3.4%
$150K-$200K
7.2%
$200K+
0.0%

Employment

5.9% Unemployment Rate State: 3.0%|National: 5.2%
66.5% Labor Force Participation

Housing Overview

Owner 56.7%
Renter 43.3%
Affordability Index Very Affordable
2.2x home value to income ratio
Median gross rent $876/mo 17.5% of median household income annually

People & Demographics

Diversity Index

24out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 41 | National average: 61

Education

Broken Bow Rankings in Nebraska

#43 Population of 583
#324 Median Income of 519
#264 Education of 583
#216 Home Value of 510

Other Cities in Custer County

CityPopulationMedian IncomePovertyHome Value
Arnold 945 $64,688 8.0% $146,700
Ansley 563 $64,688 5.9% $89,800
Callaway 562 $51,146 8.7% $149,100
Sargent 534 $54,423 10.7% $57,900
Merna 383 $61,875 19.7% $100,000
Mason City 189 $64,375 11.1% N/A
Oconto 167 $55,625 6.0% $60,000
Anselmo 93 $60,673 10.8% $72,500
Comstock 80 $47,500 3.8% $80,800
Berwyn 51 $46,250 9.8% $75,000

Cities Similar to Broken Bow

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Auburn3,470$57,531$98,80024.3%14.1%
O'Neill3,570$56,510$153,30022.7%18.5%
West Point3,471$65,793$202,20020.8%7.4%
Gothenburg3,452$79,219$191,00024.6%10.1%
Cozad3,937$54,471$121,60012.8%10.9%

Population Overview

Broken Bow is a small community located in Nebraska, within Custer County. The total population is 3,502. It ranks as the 43rd most populous out of 583 Census-designated places in Nebraska.

Age Demographics

The median age in Broken Bow is 36.6 years. This is 2% lower than the state median of 37.2 years. With 28.2% of the population under 18, Broken Bow has a notably young demographic profile, suggesting a family-oriented community. 11.5% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Broken Bow is $60,129. This is 21% lower than the state median of $76,475. It is also 26% lower than the national median of $80,734. The poverty rate stands at 8.8%. This is 17% lower than the state poverty rate of 10.6%. The unemployment rate is 5.9%. This is 94% higher than the state rate of 3.0%. The median home value is $133,200. Housing costs are 44% lower than the state median of $238,600. With a home-value-to-income ratio of just 2.2x, Broken Bow is one of the most affordable housing markets in the area. 56.7% of occupied housing units are owner-occupied. This homeownership rate is 15% lower than the state average of 66.5%.

Race & Ethnicity

Broken Bow has a predominantly White (non-Hispanic) population, comprising 86.7% of all residents. Hispanic or Latino residents account for 6.4%. The Black or African American population (1.1%) is well below the state average of 4.6%. The Asian population (0.3%) is well below the state average of 2.6%.

Education

20.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 40% lower than the state rate of 34.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 93.7%.

Data Sources & Methodology

All demographic data for Broken Bow, Nebraska is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Nebraska state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 583 Census-designated places in Nebraska. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Broken Bow, Nebraska?

Broken Bow, Nebraska has a population of 3,502 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Broken Bow is $60,129, which is 26% lower than the national median of $80,734.

What is the poverty rate in Broken Bow, NE?

The poverty rate in Broken Bow is 8.8%. This means approximately 300 residents live below the federal poverty line.

What is the racial makeup of Broken Bow, Nebraska?

Broken Bow's population is 86.7% White, 1.1% Black, 6.4% Hispanic/Latino, and 0.3% Asian.

What is the median home value in Broken Bow, NE?

The median home value in Broken Bow is $133,200. The home-value-to-income ratio is 2.2x.

How educated is Broken Bow, Nebraska?

20.7% of adults (25+) in Broken Bow hold a bachelor's degree or higher, and 4.9% hold a graduate or professional degree.