The typical owner-occupied home in Brownton is worth about $162,500, 51% below the Minnesota median of $329,300 and 51% below the national median of $332,700. Owners pay a median $2,691 a year in property taxes, about 1.66% of their home's value, higher than the Minnesota rate of 1.02%. The median household earns $79,712 a year, so the median home costs 2.0 times the median income (3.7 times for Minnesota). 90% of occupied homes here are lived in by their owners, and 68% of those owners still have a mortgage.
Brownton at a glance
| Brownton | Minnesota | U.S. | |
|---|---|---|---|
| Median home value | $162,500 | $329,300 | $332,700 |
| Median property tax paid per year | $2,691 | $3,357 | $3,119 |
| Property tax as a share of value | 1.66% | 1.02% | 0.94% |
| Median household income | $79,712 | $89,062 | $80,734 |
| Homes lived in by their owners | 90% | 72% | 65% |
| Owner homes with a mortgage | 68% | 64% | 61% |
| Median monthly costs, owners with a mortgage | $1,365 | $1,947 | $1,963 |
| Those costs as a share of the owners' income | 18.1% | 19.7% | 21.0% |
| Median rent | $875 | $1,280 | $1,413 |
| Rent as a share of renters' income | 29.6% | 29.2% | 30.6% |
| Median year homes were built | 1952 | 1979 | 1980 |
| Vacant homes | 12.0% | 9.3% | 10.1% |
| Population | 546 | 5,739,445 | 334,922,499 |
What a typical home costs per month in Brownton
At this week's average 30-year rate of 7.11%, buying the median Brownton home of $162,500 with 20% down costs about $1,167 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,438, 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 $50,015 for the 20%-down payment. That payment is 18% of the median Brownton household income of $79,712; at that income and 20% down, the 28% guideline points to a home of about $259,000.
The median rent here is $875 a month, so owning the median home costs about $292 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $32,500 |
|---|---|
| Loan amount | $130,000 |
| Principal and interest | $875 |
| Property taxes (1.66% a year) | $225 |
| Homeowners insurance (our estimate, 0.5% a year) | $68 |
| PMI | $0 |
| Total per month | $1,167 |
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| Down payment | $5,688 |
|---|---|
| Loan amount | $159,557 |
| Principal and interest | $1,073 |
| Property taxes (1.66% a year) | $225 |
| Homeowners insurance (our estimate, 0.5% a year) | $68 |
| FHA mortgage insurance | $72 |
| Total per month | $1,438 |
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Questions about home buying in Brownton
What is the median home value in Brownton?
About $162,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Brownton?
Homeowners pay a median $2,691 a year, which is about 1.66% 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 Brownton?
For the median home with 20% down at 7.11%, the payment is about $1,167 a month. Keeping that under 28% of gross income takes about $50,015 a year.
More about Brownton
- Mortgage Refinance in Brownton
- Debt Relief in Brownton
- Home Equity Loans in Brownton
- 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