Broadwater, Nebraska.
Typical home $123,917 (-1.0% in a year).
to buy the typical home at today's mortgage rate — +$361 (+125%) since Jan 2020.
- 1 year
- Down $1,197 -1%
- $125,114$123,917 since Sep 2025
- 5 years
- Up $21,704 +21%
- $102,213$123,917 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Broadwater$650
- Nebraska$1,461
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 18 years.
Typical home values in Broadwater, NE fell 1.0% over the past year — slower than the nation's +1.2%.
Living in Broadwater, Morrill County, Nebraska
Broadwater is a village of 95 people in Morrill County. 90% of its homes are lived in by their owners and 10% are rented. Unemployment in Morrill County was 2.7% in August 2026, and the county had 3.5% fewer jobs in 2025 than the year before. The most people in Morrill County work in schools and health care, then farming.
Written by AI Claude Haiku 5.5 wrote this on 22 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Broadwater is a village in the Nebraska panhandle, one of the smallest communities in its part of the state, where most people know one another. Most homes are lived in by their owners, and home prices are well below the typical figure across the country. Winters are cold and bring a good deal of snow, summers are hot, and the town is drier than much of the country.
Work. Many residents work in schools, hospitals and social care, or in farming, forestry and mining. Building trades and local shops also employ people here. Relatively few adults hold a four-year degree, and few people work from home.
Things to do. Chimney Rock, a protected historic site, is a longer drive away and is one of the best known landmarks in the region. Pumpkin Creek, a river, is a short drive away. Crescent Lake National Wildlife Refuge, a protected area, is also a longer drive away.
Report a mistake
- 6%of adults have a degree
- 7%work from home
What people in Morrill County work in
Employed residents by industry, from the Census survey. Morrill County had 1,495 jobs in 2025, 3.5% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 39° and lows near 9°; warmest in July, with highs near 90° and lows near 58°. About 20 inches of snow and 15 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Broadwater 3WNW weather station, 3 miles away (NOAA).
Largest workplaces in Morrill County
- Morrill County Community HospitalCritical access hospital179FTE
- Bridgeport Public SchoolsSchool district94FTE
- Bayard Public SchoolsSchool district75FTE
- Progress RailRailroad rolling stock manufacturing54
- Bridgeport EthanolDenatured alcohol manufacturing28
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 2 workplaces with 20 or more staff, 82 people in all across the county; Broadwater has none of its own. Hospitals come from their Medicare cost reports (CMS, 2023) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- DroughtVery high
- HailVery high
- LightningVery high
- Winter weatherVery high
- Cold wavesVery high
- Ice stormsRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Broadwater’s census tracts, against the rest of the country; all of them together, very high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Morrill County.
Broadwater home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Broadwater$123,917
- Nebraska$278,299
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Zip codes with a Broadwater address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Broadwater — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.