Total monthly cost of ownership
Cost to Own a Home in North Brookfield, Massachusetts
A $235,000 home here costs
$2,010per 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 $86,000 a year.
A standard mortgage calculator would have told you $1,281. The real number is $728 higher every month, 57% more than the payment most buyers budget for.
Compare Worcester County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for North Brookfield from a five-year rolling sample, and with about 2,477 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Worcester County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
North Brookfield against Worcester County and Massachusetts
| Measure | North Brookfield | Worcester County |
|---|---|---|
| Median home value | $235,000 | $390,700 |
| Median property tax | $2,761 | $5,207 |
| Effective tax rate | 1.175% | 1.333% |
| Median gross rent | $982 | $1,347 |
| Population | 2,477 | 861,664 |
The weather behind that power bill
North Brookfield sits in Worcester County, which averages a high of 79.8°F in its hottest month and a low of 17.1°F in its coldest, with 48.26" of precipitation a year and 27% of it in a single three-month stretch. That climate drives 503 cooling and 6,622 heating degree days, which is what sets the $174 electricity line above.
See the full climate breakdown for Worcester County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Worcester County
Full Worcester County cost breakdown · Every county in Massachusetts
Talk to someone who works this market
These are North Brookfield 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 North Brookfield every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in North Brookfield I already own here and may sell
Common questions
How much does it cost to own a home in North Brookfield?
A $235,000 home in North Brookfield, Massachusetts costs approximately $2,010 per month with 20% down at 7.24%. That is $1,281 principal and interest, $230 property tax, $61 homeowners insurance, $242 utilities and $196 set aside for maintenance.
What is the property tax rate in North Brookfield?
North Brookfield has an effective property tax rate of 1.175%, based on a median home value of $235,000 and median real estate taxes of $2,761. That is lower than the Worcester County average of 1.333%.
What is the average home price in North Brookfield?
The median owner-occupied home value in North Brookfield, Massachusetts is $235,000, against $390,700 across Worcester County.
Is it cheaper to rent or buy in North Brookfield?
Median gross rent in North Brookfield is $982 a month, against $2,010 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 North Brookfield?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in North Brookfield, Massachusetts at today's rate takes a household income of roughly $86,000 a year. That covers the full $2,010 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for North Brookfield, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Massachusetts.
- 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.