The typical owner-occupied home in Brockton is worth about $437,500, 22% below the Massachusetts median of $562,100 and 31% above the national median of $332,700. Owners pay a median $4,820 a year in property taxes, about 1.10% of their home's value, close to the Massachusetts rate of 1.07%. The median household earns $80,115 a year, so the median home costs 5.5 times the median income (5.4 times for Massachusetts). 57% of occupied homes here are lived in by their owners, and 77% of those owners still have a mortgage.
Brockton at a glance
| Brockton | Massachusetts | U.S. | |
|---|---|---|---|
| Median home value | $437,500 | $562,100 | $332,700 |
| Median property tax paid per year | $4,820 | $5,992 | $3,119 |
| Property tax as a share of value | 1.10% | 1.07% | 0.94% |
| Median household income | $80,115 | $103,960 | $80,734 |
| Homes lived in by their owners | 57% | 63% | 65% |
| Owner homes with a mortgage | 77% | 66% | 61% |
| Median monthly costs, owners with a mortgage | $2,462 | $2,726 | $1,963 |
| Those costs as a share of the owners' income | 25.0% | 21.9% | 21.0% |
| Median rent | $1,641 | $1,762 | $1,413 |
| Rent as a share of renters' income | 32.3% | 30.9% | 30.6% |
| Median year homes were built | 1960 | 1964 | 1980 |
| Vacant homes | 4.5% | 8.1% | 10.1% |
| Population | 105,386 | 7,044,056 | 334,922,499 |
What a typical home costs per month in Brockton
At this week's average 30-year rate of 7.11%, buying the median Brockton home of $437,500 with 20% down costs about $2,938 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,667, 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 $125,906 for the 20%-down payment. That payment is 44% of the median Brockton household income of $80,115; at that income and 20% down, the 28% guideline points to a home of about $278,000.
The median rent here is $1,641 a month, so owning the median home costs about $1,297 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $87,500 |
|---|---|
| Loan amount | $350,000 |
| Principal and interest | $2,354 |
| Property taxes (1.10% a year) | $401 |
| Homeowners insurance (our estimate, 0.5% a year) | $182 |
| PMI | $0 |
| Total per month | $2,938 |
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| Down payment | $15,312 |
|---|---|
| Loan amount | $429,576 |
| Principal and interest | $2,890 |
| Property taxes (1.10% a year) | $401 |
| Homeowners insurance (our estimate, 0.5% a year) | $182 |
| FHA mortgage insurance | $194 |
| Total per month | $3,667 |
Change the numbers in the calculator
Questions about home buying in Brockton
What is the median home value in Brockton?
About $437,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Brockton?
Homeowners pay a median $4,820 a year, which is about 1.10% 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 Brockton?
For the median home with 20% down at 7.11%, the payment is about $2,938 a month. Keeping that under 28% of gross income takes about $125,906 a year.
More about Brockton
- Mortgage Refinance in Brockton
- Debt Relief in Brockton
- Home Equity Loans in Brockton
- 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