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Buying a home in Brownville, Nebraska

The typical owner-occupied home in Brownville is worth about $112,500, 53% below the Nebraska median of $238,600 and 66% below the national median of $332,700. Owners pay a median $1,500 a year in property taxes, about 1.33% of their home's value, lower than the Nebraska rate of 1.49%. 88% of occupied homes here are lived in by their owners, and 25% of those owners still have a mortgage.

Brownville at a glance

Brownville Nebraska U.S.
Median home value $112,500 $238,600 $332,700
Median property tax paid per year $1,500 $3,549 $3,119
Property tax as a share of value 1.33% 1.49% 0.94%
Median household income – $76,475 $80,734
Homes lived in by their owners 88% 67% 65%
Owner homes with a mortgage 25% 58% 61%
Median monthly costs, owners with a mortgage $1,063 $1,736 $1,963
Those costs as a share of the owners' income 9.0% 19.5% 21.0%
Median rent $950 $1,072 $1,413
Median year homes were built 1970 1975 1980
Vacant homes 15.3% 7.6% 10.1%
Population 102 1,978,707 334,922,499

What a typical home costs per month in Brownville

At this week's average 30-year rate of 7.11%, buying the median Brownville home of $112,500 with 20% down costs about $777 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $964, 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 $33,300 for the 20%-down payment.

The median rent here is $950 a month, a little more than the monthly cost of owning the median home with 20% down.

20% down, 30-year conventional loan
Down payment$22,500
Loan amount$90,000
Principal and interest$605
Property taxes (1.33% a year)$125
Homeowners insurance (our estimate, 0.5% a year)$47
PMI$0
Total per month$777

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3.5% down, 30-year FHA loan
Down payment$3,938
Loan amount$110,462
Principal and interest$743
Property taxes (1.33% a year)$125
Homeowners insurance (our estimate, 0.5% a year)$47
FHA mortgage insurance$50
Total per month$964

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Questions about home buying in Brownville

What is the median home value in Brownville?

About $112,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Brownville?

Homeowners pay a median $1,500 a year, which is about 1.33% 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 Brownville?

For the median home with 20% down at 7.11%, the payment is about $777 a month. Keeping that under 28% of gross income takes about $33,300 a year.

More about Brownville

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