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Brookfield

Learn about the people, housing, costs and businesses in Brookfield, Wisconsin

Median Home$434,918
Median Rent$1,929/month
Population41,253
Leading IndustriesArts, Food & Hospitality · Healthcare · Public Administration12% arts, food & hospitality
Home Value Growth⬆⬆+17.4% over 2 years
Retirees23% of residentsslightly above average
Homeowners80% of occupied units
NotableHighly Educated36% bachelor's · 17% graduate · top 3% nationally
NotableAmenity Score80/100 · highly walkable area
Brookfield
WI

Frequently Asked Questions

What are today's mortgage rates in Brookfield?

As of today, the 30-year fixed mortgage rate for Brookfield is approximately 6.865% (6.900% 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 Brookfield?

The median home value in Brookfield is $435k. The median monthly rent is $1,929. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Brookfield?

Home values in Brookfield have increased 17.4% 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 Brookfield?

Based on a typical all-in ownership cost of $1,731/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $74k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Brookfield is $128k/year.

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What industries drive the economy in Brookfield?

The largest employment sectors in Brookfield are public administration (28%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.