The typical owner-occupied home in Holbrook is worth about $465,400, 17% below the Massachusetts median of $562,100 and 40% above the national median of $332,700. Owners pay a median $6,105 a year in property taxes, about 1.31% of their home's value, higher than the Massachusetts rate of 1.07%. The median household earns $115,210 a year, so the median home costs 4.0 times the median income (5.4 times for Massachusetts). 84% of occupied homes here are lived in by their owners, and 75% of those owners still have a mortgage.
Holbrook at a glance
| Holbrook | Massachusetts | U.S. | |
|---|---|---|---|
| Median home value | $465,400 | $562,100 | $332,700 |
| Median property tax paid per year | $6,105 | $5,992 | $3,119 |
| Property tax as a share of value | 1.31% | 1.07% | 0.94% |
| Median household income | $115,210 | $103,960 | $80,734 |
| Homes lived in by their owners | 84% | 63% | 65% |
| Owner homes with a mortgage | 75% | 66% | 61% |
| Median monthly costs, owners with a mortgage | $2,697 | $2,726 | $1,963 |
| Those costs as a share of the owners' income | 25.8% | 21.9% | 21.0% |
| Median rent | $1,094 | $1,762 | $1,413 |
| Rent as a share of renters' income | 28.0% | 30.9% | 30.6% |
| Median year homes were built | 1957 | 1964 | 1980 |
| Vacant homes | 0.3% | 8.1% | 10.1% |
| Population | 11,380 | 7,044,056 | 334,922,499 |
What a typical home costs per month in Holbrook
At this week's average 30-year rate of 7.11%, buying the median Holbrook home of $465,400 with 20% down costs about $3,207 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,982, 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 $137,426 for the 20%-down payment. That payment is 33% of the median Holbrook household income of $115,210; at that income and 20% down, the 28% guideline points to a home of about $390,000.
The median rent here is $1,094 a month, so owning the median home costs about $2,113 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $93,080 |
|---|---|
| Loan amount | $372,320 |
| Principal and interest | $2,505 |
| Property taxes (1.31% a year) | $508 |
| Homeowners insurance (our estimate, 0.5% a year) | $194 |
| PMI | $0 |
| Total per month | $3,207 |
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| Down payment | $16,289 |
|---|---|
| Loan amount | $456,970 |
| Principal and interest | $3,074 |
| Property taxes (1.31% a year) | $508 |
| Homeowners insurance (our estimate, 0.5% a year) | $194 |
| FHA mortgage insurance | $206 |
| Total per month | $3,982 |
Change the numbers in the calculator
Questions about home buying in Holbrook
What is the median home value in Holbrook?
About $465,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Holbrook?
Homeowners pay a median $6,105 a year, which is about 1.31% 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 Holbrook?
For the median home with 20% down at 7.11%, the payment is about $3,207 a month. Keeping that under 28% of gross income takes about $137,426 a year.
More about Holbrook
- Mortgage Refinance in Holbrook
- Debt Relief in Holbrook
- Home Equity Loans in Holbrook
- 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