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East Brooklyn

Learn about the people, housing, costs and businesses in East Brooklyn, Illinois

Median Home$185,700
Median Rent$1,082/month
Population81
Leading IndustriesInformation & Media · Finance & Insurance · Wholesale Trade12% information & media
Home Value Growth⬆⬆+20.0% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners77% of occupied units
East Brooklyn
IL

Frequently Asked Questions

What are today's mortgage rates in East Brooklyn?

As of today, the 30-year fixed mortgage rate for East Brooklyn is approximately 6.994% (7.003% 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 East Brooklyn?

The median home value in East Brooklyn is $186k. The median monthly rent is $1,082. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in East Brooklyn?

Home values in East Brooklyn have increased 20.0% 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 East Brooklyn?

Based on a typical all-in ownership cost of $1,077/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $46k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in East Brooklyn is $85k/year.

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What industries drive the economy in East Brooklyn?

The largest employment sectors in East Brooklyn are public administration (18%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.