Total monthly cost of ownership
Cost to Own a Home in Brookville, Indiana
A $172,000 home here costs
$1,410per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $884. The real number is $526 higher every month — 59% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Brookville against Franklin County and Indiana
| Measure | Brookville | Franklin County |
|---|---|---|
| Median home value | $172,100 | $236,700 |
| Median property tax | $938 | $1,459 |
| Effective tax rate | 0.545% | 0.616% |
| Median gross rent | $639 | $803 |
| Population | 2,640 | 22,929 |
The weather behind that power bill
Brookville sits in Franklin County, which averages a high of 87.1°F in its hottest month and a low of 20.5°F in its coldest, with 43.81" of precipitation a year and 33% of it in a single three-month stretch. That climate drives 1,092 cooling and 5,245 heating degree days, which is what sets the $163 electricity line above.
See the full climate breakdown for Franklin County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Franklin County
No other places of this size are published in Franklin County.
Full Franklin County cost breakdown · Every county in Indiana
Common questions
How much does it cost to own a home in Brookville?
A $172,000 home in Brookville, Indiana costs approximately $1,410 per month with 20% down at 6.66%. That is $884 principal and interest, $78 property tax, $73 homeowners insurance, $231 utilities and $143 set aside for maintenance.
What is the property tax rate in Brookville?
Brookville has an effective property tax rate of 0.545%, based on a median home value of $172,100 and median real estate taxes of $938. That is lower than the Franklin County average of 0.616%.
What is the average home price in Brookville?
The median owner-occupied home value in Brookville, Indiana is $172,100, against $236,700 across Franklin County.
Is it cheaper to rent or buy in Brookville?
Median gross rent in Brookville is $639 a month, against $1,410 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Brookville — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Indiana.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.