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Brandon

Learn about the people, housing, costs and businesses in Brandon, Florida

Median Home$371,240
Median Rent$1,867/month
Population119,755
Leading IndustriesHealthcare · Wholesale Trade · Professional Services14% healthcare
Home Value Growth⬆⬆+14.9% over 2 years
Young Adults33% of residentswell above average
Homeowners56% of occupied units
NotableAmenity Score79/100 · highly walkable area
Brandon
FL

Frequently Asked Questions

What are today's mortgage rates in Brandon?

As of today, the 30-year fixed mortgage rate for Brandon is approximately 6.922% (6.959% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Brandon?

The median home value in Brandon is $371k. The median monthly rent is $1,867. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Brandon?

Home values in Brandon have increased 14.9% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Brandon?

Based on a typical all-in ownership cost of $1,577/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $68k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Brandon is $83k/year.

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What industries drive the economy in Brandon?

The largest employment sectors in Brandon are public administration (20%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.