Broadwater, NE
Population 118 · Nebraska
About Broadwater, NE
Broadwater is a small community located in Nebraska with a population of 118 residents according to the latest US Census Bureau American Community Survey data. The median household income is $56,607 per year, which is 25% below the national median of $75,149. The median age of 49.4 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Broadwater features a median home value of $39,600, which is 84% below the national median of $244,900. This makes Broadwater one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $1,036, 11% below the national average of $1,163/month. Of the 98 total housing units, 78% are owner-occupied (52 units) and 22% are renter-occupied (15 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Broadwater shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 13.6%, above the national average of 12.4%. Workers in Broadwater have an average one-way commute time of 21 minutes.
Education & Demographics
24.5% of Broadwater residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 28.8% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.8% Asian residents, with 1.7% of the population being foreign-born.
How Broadwater Ranks in Nebraska
Cost of Living in Broadwater, NE
Compared to national averages, Broadwater has a median household income of $56,607 (25% below the national median of $75,149). Home values average $39,600, which is 84% below the national median. Monthly rent at $1,036 is 11% below the US average of $1,163. Within Nebraska, Broadwater's income is 14% below the state average of $65,895, and home values are 69% below the state median of $125,824.
Why Live in Broadwater, NE?
Broadwater offers affordable housing with a median home value of $39,600, below the US average of $244,900, and rent that’s lower than the national average at $1,036/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features short commute times averaging just 21 minutes.
Potential considerations include median household income ($56,607) that falls below the national average. However, Broadwater’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Broadwater has a population of 118 with a median age of 49.4 years. Compare Broadwater with other cities to see how it stacks up, or explore all cities in Nebraska.
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Demographics
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Other Cities in Nebraska
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Broadwater
What is the population of Broadwater, NE?
The population of Broadwater, NE is 118 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Nebraska.
What is the median household income in Broadwater?
The median household income in Broadwater, NE is $56,607 per year, which is 25% below the national median of $75,149.
What is the median home value in Broadwater?
The median home value in Broadwater, NE is $39,600, which is 84% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Broadwater?
The median monthly rent in Broadwater, NE is $1,036, which is 11% below the national average of $1,163/month.
What is the unemployment rate in Broadwater?
The unemployment rate in Broadwater, NE is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Broadwater, NE a good place to live?
Broadwater offers a moderate cost of living, affordable housing, and a strong job market. With a population of 118 and a median age of 49.4, the city appeals to established professionals and retirees.
How educated is Broadwater, NE?
24.5% of residents in Broadwater aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Broadwater?
Key cost-of-living indicators for Broadwater, NE: median home value is $39,600 (84% below national), median rent is $1,036/month, and median household income is $56,607. The home-value-to-income ratio is 0.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Broadwater?
The poverty rate in Broadwater, NE is 13.6%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Broadwater, NE?
Broadwater's population is 28.8% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.8% Asian, and 0.0% two or more races. 1.7% of residents are foreign-born.