The typical owner-occupied home in Browning is worth about $71,400, 73% below the Illinois median of $263,300 and 79% below the national median of $332,700. Owners pay a median $1,196 a year in property taxes, about 1.68% of their home's value, lower than the Illinois rate of 2.01%. 72% of occupied homes here are lived in by their owners, and 72% of those owners still have a mortgage.
Browning at a glance
| Browning | Illinois | U.S. | |
|---|---|---|---|
| Median home value | $71,400 | $263,300 | $332,700 |
| Median property tax paid per year | $1,196 | $5,298 | $3,119 |
| Property tax as a share of value | 1.68% | 2.01% | 0.94% |
| Median household income | – | $83,390 | $80,734 |
| Homes lived in by their owners | 72% | 67% | 65% |
| Owner homes with a mortgage | 72% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $883 | $1,987 | $1,963 |
| Those costs as a share of the owners' income | 14.2% | 20.6% | 21.0% |
| Median rent | – | $1,274 | $1,413 |
| Median year homes were built | 1947 | 1971 | 1980 |
| Vacant homes | 36.5% | 7.7% | 10.1% |
| Population | 99 | 12,694,798 | 334,922,499 |
What a typical home costs per month in Browning
At this week's average 30-year rate of 7.11%, buying the median Browning home of $71,400 with 20% down costs about $514 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $633, 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 $22,027 for the 20%-down payment.
| Down payment | $14,280 |
|---|---|
| Loan amount | $57,120 |
| Principal and interest | $384 |
| Property taxes (1.68% a year) | $100 |
| Homeowners insurance (our estimate, 0.5% a year) | $30 |
| PMI | $0 |
| Total per month | $514 |
Change the numbers in the calculator
| Down payment | $2,499 |
|---|---|
| Loan amount | $70,107 |
| Principal and interest | $472 |
| Property taxes (1.68% a year) | $100 |
| Homeowners insurance (our estimate, 0.5% a year) | $30 |
| FHA mortgage insurance | $32 |
| Total per month | $633 |
Change the numbers in the calculator
Questions about home buying in Browning
What is the median home value in Browning?
About $71,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Browning?
Homeowners pay a median $1,196 a year, which is about 1.68% 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 Browning?
For the median home with 20% down at 7.11%, the payment is about $514 a month. Keeping that under 28% of gross income takes about $22,027 a year.
More about Browning
- Mortgage Refinance in Browning
- Debt Relief in Browning
- Home Equity Loans in Browning
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
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