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Brooklyn

Learn about the people, housing, costs and businesses in Brooklyn, Iowa

Median Home$208,900
Median Rent$923/month
Population1,636
Leading IndustriesWholesale Trade · Professional Services · Construction15% wholesale trade
Home Value Growth+7.6% over 2 years
Young Adults25% of residents
Homeowners78% of occupied units
Brooklyn
IA

Frequently Asked Questions

What are today's mortgage rates in Brooklyn?

As of today, the 30-year fixed mortgage rate for Brooklyn is approximately 7.036% (7.077% 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 Brooklyn?

The median home value in Brooklyn is $209k. The median monthly rent is $923. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Brooklyn?

Home values in Brooklyn have increased 7.6% 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 Brooklyn?

Based on a typical all-in ownership cost of $947/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Brooklyn is $78k/year.

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What industries drive the economy in Brooklyn?

The largest employment sectors in Brooklyn are wholesale trade (15%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.