The typical owner-occupied home in Brockton is worth about $62,500, 83% below the Montana median of $375,800 and 81% below the national median of $332,700. Owners pay a median $317 a year in property taxes, about 0.51% of their home's value, lower than the Montana rate of 0.72%. 67% of occupied homes here are lived in by their owners, and 4% of those owners still have a mortgage.
Brockton at a glance
| Brockton | Montana | U.S. | |
|---|---|---|---|
| Median home value | $62,500 | $375,800 | $332,700 |
| Median property tax paid per year | $317 | $2,693 | $3,119 |
| Property tax as a share of value | 0.51% | 0.72% | 0.94% |
| Median household income | – | $72,509 | $80,734 |
| Homes lived in by their owners | 67% | 69% | 65% |
| Owner homes with a mortgage | 4% | 55% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,798 | $1,963 |
| Median rent | – | $1,081 | $1,413 |
| Rent as a share of renters' income | 12.8% | 27.8% | 30.6% |
| Median year homes were built | 1981 | 1981 | 1980 |
| Vacant homes | 20.0% | 13.2% | 10.1% |
| Population | 439 | 1,116,875 | 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 $62,500 with 20% down costs about $389 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $493, 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 $16,669 for the 20%-down payment.
| Down payment | $12,500 |
|---|---|
| Loan amount | $50,000 |
| Principal and interest | $336 |
| Property taxes (0.51% a year) | $27 |
| Homeowners insurance (our estimate, 0.5% a year) | $26 |
| PMI | $0 |
| Total per month | $389 |
Change the numbers in the calculator
| Down payment | $2,188 |
|---|---|
| Loan amount | $61,368 |
| Principal and interest | $413 |
| Property taxes (0.51% a year) | $27 |
| Homeowners insurance (our estimate, 0.5% a year) | $26 |
| FHA mortgage insurance | $28 |
| Total per month | $493 |
Change the numbers in the calculator
Questions about home buying in Brockton
What is the median home value in Brockton?
About $62,500 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 $317 a year, which is about 0.51% 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 $389 a month. Keeping that under 28% of gross income takes about $16,669 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