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Cost of Living in Brookfield, WI

Population 41,273 · Census ACS 2020–2024 5-year estimates

Median rent$1,886
Median home value$443,900
Median household income$129,548

The median rent in Brookfield, WI is $1,886/month, 74% higher than the Wisconsin median and 33% higher than the U.S. median. The median home value is $443,900, 33% higher than the national median. Households earn a median of $129,548 a year, 67% higher than the state median.

Affordability

Rent as a share of median income: 17.5%
Income needed for median rent (30% rule): $75,440/yr
Home price-to-income ratio: 3.4×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $2,245/mo

Run your own numbers: mortgage calculator · hourly to salary

Brookfield vs. Wisconsin vs. U.S.

BrookfieldWisconsinU.S.
Median rent$1,886$1,087$1,413
Median home value$443,900$266,500$332,700
Median household income$129,548$77,485$80,734
Homeownership rate82.8%67.8%65.2%
Bachelor's degree or higher64.3%33.4%35.7%
Poverty rate3.2%10.6%12.5%
Unemployment rate2.5%3.2%5.2%
Work from home21.5%13.1%15.1%
Median age43.840.238.9

FAQ

What is the average rent in Brookfield, WI?

The median gross rent in Brookfield, WI is $1,886 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Brookfield, WI?

Using the common 30% rule, renting a median-priced home takes about $75,440 a year in gross income.

Is Brookfield, WI expensive to live in?

Rent there is 33% higher than the U.S. median, and the median home costs about 3.4 times the median household income.

Other cities in Wisconsin

Milwaukee, WIRent $1,059 · Income $54,234Madison, WIRent $1,413 · Income $78,050Green Bay, WIRent $932 · Income $66,206Kenosha, WIRent $1,186 · Income $71,239Racine, WIRent $1,033 · Income $57,740Appleton, WIRent $1,030 · Income $80,483

Cities with a similar cost of living

Lindenhurst, NYRent $1,885 · Income $130,128Draper, UTRent $1,894 · Income $128,910Cedar Park, TXRent $1,846 · Income $129,545Lino Lakes, MNRent $1,874 · Income $127,181Edina, MNRent $1,844 · Income $128,767Bartlett, ILRent $1,883 · Income $133,240

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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