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Affordable
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These days, finding an affordable place to live in the Broughton area can be challenging. Home prices in Broughton are now at a median cost of $349,517, higher than the Illinois average of $300,242.
The average cost of rent is $807/mo in Broughton, primarily driven by the current value of real estate in the Broughton area. In Broughton, 19.33% of households rent, and 79.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Broughton is $12,612 per month. Households that rent pay about 6.40% of their income on rent here. Broughton’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
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