Quick facts: Brookston, IN

Quick Facts

95.3
Cost of Living
below US average
1,628
Population
Crime rate Data is updating, will be available soon
$60,370
Median Income
below US average
$220,000
Median House Price
above US average
$775.0
Average Rent
below US average
Poverty rate Data is updating, will be available soon
Unemployment Data is updating, will be available soon

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $60,370.

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Income Needed to Buy

βœ— Stretch
$69k/year
Based on $220,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $69k vs median $60,370
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Income Needed to Rent

βœ“ Affordable
$33k/year
Based on $775.0/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($60,370) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Brookston, IN

Brookston is a small town located in Indiana, primarily known for its rural charm and tight-knit community. Situated in both White and Benton counties, this unincorporated community offers a peaceful lifestyle amidst the agricultural landscapes of the Midwest. The town is characterized by its family-oriented atmosphere, local events, and historical sites that reflect the rich heritage of the area. Brookston is close to major highways, allowing for convenient access to larger cities, while still maintaining its quaint appeal. Local attractions include parks and recreational areas ideal for outdoor activities. Community events often celebrate the local culture, fostering a sense of belonging among residents. The town has a small population, giving it a friendly and welcoming vibe where neighbors often know one another. With its strong community spirit, excellent local schools, and proximity to larger urban centers, Brookston provides a great balance for those seeking a slower pace of life without being too far from the conveniences of city living.

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