Total monthly cost of ownership
Cost to Own a Home in Brownstown, Indiana
A $138,000 home here costs
$1,174per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $709. The real number is $464 higher every month — 65% 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.
Brownstown against Jackson County and Indiana
| Measure | Brownstown | Jackson County |
|---|---|---|
| Median home value | $138,100 | $174,500 |
| Median property tax | $713 | $824 |
| Effective tax rate | 0.516% | 0.472% |
| Median gross rent | $810 | $946 |
| Population | 3,020 | 46,319 |
The weather behind that power bill
Brownstown sits in Jackson County, which averages a high of 84.7°F in its hottest month and a low of 21.7°F in its coldest, with 49.57" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 980 cooling and 5,282 heating degree days, which is what sets the $163 electricity line above.
See the full climate breakdown for Jackson County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Jackson County
Full Jackson County cost breakdown · Every county in Indiana
Common questions
How much does it cost to own a home in Brownstown?
A $138,000 home in Brownstown, Indiana costs approximately $1,174 per month with 20% down at 6.66%. That is $709 principal and interest, $59 property tax, $59 homeowners insurance, $231 utilities and $115 set aside for maintenance.
What is the property tax rate in Brownstown?
Brownstown has an effective property tax rate of 0.516%, based on a median home value of $138,100 and median real estate taxes of $713. That is higher than the Jackson County average of 0.472%.
What is the average home price in Brownstown?
The median owner-occupied home value in Brownstown, Indiana is $138,100, against $174,500 across Jackson County.
Is it cheaper to rent or buy in Brownstown?
Median gross rent in Brownstown is $810 a month, against $1,174 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 Brownstown — 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.