Total monthly cost of ownership
Cost to Own a Home in Brownfield, Texas
A $110,000 home here costs
$1,149per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $49,000 a year.
A standard mortgage calculator would have told you $600. The real number is $549 higher every month, 92% more than the payment most buyers budget for.
Compare Terry County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Brownfield against Terry County and Texas
| Measure | Brownfield | Terry County |
|---|---|---|
| Median home value | $109,900 | $111,200 |
| Median property tax | $1,708 | $1,645 |
| Effective tax rate | 1.554% | 1.479% |
| Median gross rent | $815 | $813 |
| Population | 8,803 | 11,699 |
The weather behind that power bill
Brownfield sits in Terry County, which averages a high of 93.6°F in its hottest month and a low of 26.7°F in its coldest, with 18.05" of precipitation a year and 38% of it in a single three-month stretch. That climate drives 1,866 cooling and 3,268 heating degree days, which is what sets the $174 electricity line above.
See the full climate breakdown for Terry County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Terry County
No other places of this size are published in Terry County.
Talk to someone who works this market
These are Brownfield averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Brownfield every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Brownfield I already own here and may sell
Common questions
How much does it cost to own a home in Brownfield?
A $110,000 home in Brownfield, Texas costs approximately $1,149 per month with 20% down at 7.24%. That is $600 principal and interest, $142 property tax, $73 homeowners insurance, $242 utilities and $92 set aside for maintenance.
What is the property tax rate in Brownfield?
Brownfield has an effective property tax rate of 1.554%, based on a median home value of $109,900 and median real estate taxes of $1,708. That is higher than the Terry County average of 1.479%.
What is the average home price in Brownfield?
The median owner-occupied home value in Brownfield, Texas is $109,900, against $111,200 across Terry County.
Is it cheaper to rent or buy in Brownfield?
Median gross rent in Brownfield is $815 a month, against $1,149 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Brownfield?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Brownfield, Texas at today's rate takes a household income of roughly $49,000 a year. That covers the full $1,149 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Brownfield, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Texas.
- 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.