essential needs
Median Home Value

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Source: U.S. Census Bureau

What does this measure?

The home value reported by the homeowner to the Census Bureau, adjusted for inflation. The median represents the mid-point of home values (half the values are above the median and half below).

Why is this important?

A home is usually a person's or a family's highest-valued possession. Home values are also an indicator of the region's cost of living, relative wealth, and general prosperity.

How is Brookline doing?

In 2017-21, the median home value for Brookline was $1,055,000, much higher than the state ($424,700) and U.S. ($244,900). Median values in Brookline increased 64% since 2000, which could make homeownership increasingly inaccessible to residents with low or moderate incomes. Values increased at a slower pace in Massachusetts (43%) and the nation as whole (35%).

Among comparison communities, Brookline had the highest median home value followed by Newton ($922,800), Cambridge ($888,000), Arlington ($733,700) and Everett ($477,100). Brookline's increase in median home value since 2000 was similar to Cambridge (65%) and Everett (64%), and higher than Arlington (58%) and Newton (47%).

Notes about the data

Data are presented in 2021 dollars. Because of limitations in available data, figures for 2000 are only for single-family homes, but figures for the ACS five years include all owner-occupied housing units. Figures for the region and surrounding counties were calculated by aggregating county medians based on each county's share of the region's population. Multiyear figures are from the Census Bureau's American Community Survey. The bureau combined five years of responses to the survey to provide estimates for smaller geographic areas and increase the precision of its estimates. The survey provides data on characteristics of the population that used to be collected only during the decennial census. Data for this indicator are released annually in December.

standard
Median Home Value
20002007-112012-162017-21
Brookline$642,944$820,599$856,240$1,055,400
Arlington, Middlesex County$463,381$597,500$617,342$733,700
Cambridge, Middlesex County$539,338$658,816$710,937$888,000
Everett, Middlesex County$290,813$409,577$381,379$477,100
Newton, Middlesex County$677,588$830,718$890,223$992,800
Norfolk County$368,721$479,566$467,410$529,200
Essex County$336,354$436,440$408,927$462,900
Middlesex County$397,509$494,022$488,070$575,500
Massachusetts$297,319$413,793$384,992$424,700

Source: U.S. Census Bureau
Notes: Figures in 2021 dollars. Multiyear results are from rolling American Community Survey. * Margin of error between 20% & 35% of estimate; ** margin of error between 35% & 50%; *** margin of error greater than 50%.






INDICATORS TREND
Change in Total Population 1
Increasing
Change in Population by Race/Ethnicity 1
Increasing
Language Diversity 1
Increasing
Foreign-Born Population 1
Increasing
Population by Age 1
Increasing
People with Disabilities 1
Increasing
Voter Registration -1
Decreasing
Voter Participation 1
Increasing
Arrest Rate by Race/Ethnicity 0
Maintaining
Incarceration Rate by Race/Ethnicity 10 Not Applicable*
Change in Total Jobs 10 Not Applicable*
Unemployment Rate 10 Not Applicable*
Unemployment Rate by Race/Ethnicity 0
Maintaining
Living Wage 10 Not Applicable*
Median Household Income 0
Maintaining
Median Household Income by Race/Ethnicity 0
Maintaining
Income in Relation to Poverty Level -1
Decreasing
People Living in Poverty 1
Increasing
People Living in Poverty by Race/Ethnicity -1
Decreasing
People Living in Poverty by Age -1
Decreasing
Children Living in Poverty by Race/Ethnicity 1
Increasing
Females Living in Poverty by Race/Ethnicity -1
Decreasing
Seniors Living in Poverty 1
Increasing
Share of Workers who are Professionals by Race/Ethnicity 10 Not Applicable*
Business Ownership by Race/Ethnicity 10 Not Applicable*
Access to Financial Services by Race/Ethnicity 10 Not Applicable*
Student Performance on Grade 3 English by Student Subgroup 10 Not Applicable*
High School Cohort Graduation Rate by Student Group 10 Not Applicable*
Education Levels of Adults by Race/Ethnicity 1
Increasing
Overall Housing Cost Burden -1
Decreasing
Median Home Value 0
Maintaining
Median Home Value by Race/Ethnicity 10 Not Applicable*
Cost of Homeownership 1
Increasing
Cost of Homeownership by Race/Ethnicity 10 Not Applicable*
Cost of Renting 1
Increasing
Cost of Rent by Race/Ethnicity 10 Not Applicable*
Households Receiving SNAP 1
Increasing
Households Receiving SNAP by Race/Ethnicity -1
Decreasing
Food Insecurity 10 Not Applicable*
Households Without Vehicles 1
Increasing
Means of Transportation to Work by Race/Ethnicity 0
Maintaining
Protected Land 10 Not Applicable*
Percent of Days with Good Air Quality 10 Not Applicable*
Early Prenatal Care 10 Not Applicable*
Early Prenatal Care by Mother's Race/Ethnicity 10 Not Applicable*
Drug Poisoning Mortality Rate 10 Not Applicable*
Substance Abuse Treatment Admissions 10 Not Applicable*
People 65 or Older Living Alone 1
Increasing
Change in Population by Race/Ethnicity 1
Increasing
Arrest Rate by Race/Ethnicity 0
Maintaining
Incarceration Rate by Race/Ethnicity 10 Not Applicable*
Unemployment Rate by Race/Ethnicity 0
Maintaining
Median Household Income by Race/Ethnicity 0
Maintaining
People Living in Poverty by Race/Ethnicity -1
Decreasing
Children Living in Poverty by Race/Ethnicity 1
Increasing
Females Living in Poverty by Race/Ethnicity -1
Decreasing
Share of Workers who are Professionals by Race/Ethnicity 10 Not Applicable*
Business Ownership by Race/Ethnicity 10 Not Applicable*
Student Performance on Grade 3 English by Student Subgroup 10 Not Applicable*
High School Cohort Graduation Rate by Student Group 10 Not Applicable*
Education Levels of Adults by Race/Ethnicity 1
Increasing
Median Home Value by Race/Ethnicity 10 Not Applicable*
Cost of Homeownership by Race/Ethnicity 10 Not Applicable*
Cost of Rent by Race/Ethnicity 10 Not Applicable*
Households Receiving SNAP by Race/Ethnicity -1
Decreasing
Early Prenatal Care by Mother's Race/Ethnicity 10 Not Applicable*



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