The affordable housing units in Broken Bow consist of 12 two-bedroom units and 4 three-bedroom units. This distribution suggests a focus on accommodating small to medium-sized families in the city's affordable housing stock.

Over the last decade, Broken Bow's population has remained relatively stable, fluctuating between 3,800 and 4,100 residents. The median income has shown an overall upward trend, increasing from $37,349 in 2013 to $50,694 in 2022. This rise in median income might indicate a reduced need for additional affordable housing in recent years.

The racial composition of Broken Bow has remained predominantly white, with a slight decrease from 95% in 2013 to 90% in 2022. There has been a small increase in Hispanic population, rising from 3% to 5% during this period. The city has also seen a slight increase in residents identifying as two or more races, from 0% to 3% over the past decade.

Broken Bow's LIHTC-funded affordable housing inventory consists of a single project completed in 1997, providing 16 low-income units. This represents a small portion (1.07%) of the city's estimated housing stock. The city received $112,722 in LIHTC funding, accounting for 0.1% of Nebraska's total LIHTC allocation. Over the past decade, Broken Bow has experienced a relatively stable population and an increase in median income, which may have influenced the lack of new LIHTC projects in recent years. The racial composition has remained predominantly white, with slight increases in Hispanic and multi-racial populations.