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Brookline

Learn about the people, housing, costs and businesses in Brookline, Massachusetts

Median Home$1,393,500
Median Rent$2,900/month
Population63,266
Leading IndustriesPublic Administration · Arts, Food & Hospitality · Healthcare44% public administration
Home Value Growth+9.8% over 2 years
Young Adults38% of residentstop 4% nationally
Renters53% of occupied units
NotableTransit91/100 · excellent transit access
NotableHigh Incomes$154k/year · top 3% nationally
Brookline
MA

Frequently Asked Questions

What are today's mortgage rates in Brookline?

As of today, the 30-year fixed mortgage rate for Brookline is approximately 6.788% (6.820% 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 Brookline?

The median home value in Brookline is $1.4M. The median monthly rent is $2,900. Annual property taxes average $9k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Brookline?

Home values in Brookline have increased 9.8% over the past two years. This represents moderate growth. 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 Brookline?

Based on a typical all-in ownership cost of $2,985/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $128k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Brookline is $154k/year.

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What industries drive the economy in Brookline?

The largest employment sectors in Brookline are public administration (44%) and healthcare (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.