Cost Of Living
The overall cost of living in this area is much lower than average. This includes everyday goods and services, as well as housing, utilities and health care.
Crime
With a lower than average crime rate per 100,000 people, this area could be considered a very safe place to live. Crime rates are based on both violent and property crimes.
Housing
This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.
Health & Safety
A high score in the health and safety category is a result of good air quality and the accessibility to health facilities such as hospitals, clinics, doctors, pharmacies and fire stations.
Schools
High test scores, elevated graduation rates as well as the conveniently located elementary and high schools in this area have all contributed to the high score in the schools category.
Commute
Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.
Broken Bow is a small city located in the state of Nebraska. The city has a population of 3,503 residents. At 95%, the majority of the Broken Bow population is White; this is followed by 2% Asian and 0% Black. If you prefer shorter commutes, living in Broken Bow will be a delight. With an average one-way commute time of just 10 minutes, traveling to and from work is notably more convenient than the national average, which stands at 26 minutes.
Living in Broken Bow can be a positive experience for anyone moving to the area. Having said that, in the state of Nebraska, there are many desirable places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. Finding the best places to live in Broken Bow and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes crime, cost of living, health & safety, employment and other important metrics.
Broken Bow, NE receives 81/100 for its livability score; this results in a ranking of #13 in Nebraska and #1,145 in the USA. Clearly, Broken Bow is doing something right, as this score ranks well above the average of most cities. This city is also ranked in the top 10 percentile of all cities across the USA. Based on the grades for each individual category, Broken Bow has been rewarded with high marks for crime (A+), education (B+) and housing (A+). Broken Bow does not score well for the following: employment (D). It might be a good idea to take a closer look at each category to find out why.
Ensuring a sense of security is paramount for the majority of residents in any area. Low crime rates exert a positive influence on various aspects, including home prices, rates of home appreciation and the cultivation of positive community dynamics and social cohesion. In the case of Broken Bow, it boasts a notably low violent crime rate of 29 crimes per 100,000 residents, which significantly outperforms the national average.
When contemplating a move, job prospects often top the list of priorities. In Broken Bow, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 1.8% points to a surge in job opportunities, the potential for higher wages, enhanced workforce productivity and increased economic growth. These favorable conditions bode well for individuals seeking career advancement and financial stability, making this area an appealing destination for those prioritizing professional opportunities and economic prosperity.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Broken Bow market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Broken Bow real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Broken Bow. The median home price for Broken Bow homes is $114,500, which is 16.6% lower than the Nebraska average. If we take a closer look at the affordability of homes in Broken Bow, we’ll see that the home price to income ratio is 2.6, which is 4% higher than the Nebraska average.
| Statistic | Broken Bow | Nebraska | National |
| Average one way commute | 10min | 18min | 26min |
| Workers who drive to work | 71.5% | 81.4% | 76.4% |
| Workers who carpool | 7.6% | 9.4% | 9.3% |
| Workers who take public transit | 0.0% | 0.7% | 5.1% |
| Workers who bicycle | 0.0% | 0.5% | 0.6% |
| Workers who walk | 3.6% | 2.8% | 2.8% |
| Working from home | 16.5% | 4.3% | 4.6% |
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