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Buying a home in Browns, Illinois

The typical owner-occupied home in Browns is worth about $31,300, 88% below the Illinois median of $263,300 and 91% below the national median of $332,700. Owners pay a median $631 a year in property taxes, about 2.02% of their home's value, close to the Illinois rate of 2.01%. The median household earns $57,500 a year, so the median home costs 0.5 times the median income (3.2 times for Illinois). 92% of occupied homes here are lived in by their owners, and 24% of those owners still have a mortgage.

Browns at a glance

Browns Illinois U.S.
Median home value $31,300 $263,300 $332,700
Median property tax paid per year $631 $5,298 $3,119
Property tax as a share of value 2.02% 2.01% 0.94%
Median household income $57,500 $83,390 $80,734
Homes lived in by their owners 92% 67% 65%
Owner homes with a mortgage 24% 61% 61%
Median monthly costs, owners with a mortgage $865 $1,987 $1,963
Those costs as a share of the owners' income 9.0% 20.6% 21.0%
Median rent $600 $1,274 $1,413
Rent as a share of renters' income 32.5% 29.1% 30.6%
Median year homes were built 1975 1971 1980
Vacant homes 10.6% 7.7% 10.1%
Population 163 12,694,798 334,922,499

What a typical home costs per month in Browns

At this week's average 30-year rate of 7.11%, buying the median Browns home of $31,300 with 20% down costs about $234 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $286, because the loan is bigger and FHA adds mortgage insurance.

Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $10,036 for the 20%-down payment. That payment is 5% of the median Browns household income of $57,500; at that income and 20% down, the 28% guideline points to a home of about $179,000.

The median rent here is $600 a month, a little more than the monthly cost of owning the median home with 20% down.

20% down, 30-year conventional loan
Down payment$6,260
Loan amount$25,040
Principal and interest$168
Property taxes (2.02% a year)$53
Homeowners insurance (our estimate, 0.5% a year)$13
PMI$0
Total per month$234

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3.5% down, 30-year FHA loan
Down payment$1,096
Loan amount$30,733
Principal and interest$207
Property taxes (2.02% a year)$53
Homeowners insurance (our estimate, 0.5% a year)$13
FHA mortgage insurance$14
Total per month$286

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Questions about home buying in Browns

What is the median home value in Browns?

About $31,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Browns?

Homeowners pay a median $631 a year, which is about 2.02% of the median home value. Your bill depends on your home's assessed value and local rates.

What income do you need to buy a home in Browns?

For the median home with 20% down at 7.11%, the payment is about $234 a month. Keeping that under 28% of gross income takes about $10,036 a year.

More about Browns

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data