Total monthly cost of ownership
Cost to Own a Home in Beechwood Village, Kentucky
A $335,000 home here costs
$2,752per 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 $118,000 a year.
A standard mortgage calculator would have told you $1,826. The real number is $926 higher every month, 51% more than the payment most buyers budget for.
Compare Jefferson County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Beechwood Village from a five-year rolling sample, and with about 1,305 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 Jefferson 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.
Beechwood Village against Jefferson County and Kentucky
| Measure | Beechwood Village | Jefferson County |
|---|---|---|
| Median home value | $335,400 | $237,200 |
| Median property tax | $3,103 | $2,023 |
| Effective tax rate | 0.925% | 0.853% |
| Median gross rent | $1,257 | $1,097 |
| Population | 1,305 | 777,392 |
The weather behind that power bill
Beechwood Village sits in Jefferson County, which averages a high of 87.9°F in its hottest month and a low of 27.1°F in its coldest, with 48.12" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 1,543 cooling and 4,150 heating degree days, which is what sets the $144 electricity line above.
See the full climate breakdown for Jefferson County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Jefferson County
Full Jefferson County cost breakdown · Every county in Kentucky
Talk to someone who works this market
These are Beechwood Village 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 Beechwood Village every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Beechwood Village I already own here and may sell
Common questions
How much does it cost to own a home in Beechwood Village?
A $335,000 home in Beechwood Village, Kentucky costs approximately $2,752 per month with 20% down at 7.24%. That is $1,826 principal and interest, $258 property tax, $176 homeowners insurance, $212 utilities and $279 set aside for maintenance.
What is the property tax rate in Beechwood Village?
Beechwood Village has an effective property tax rate of 0.925%, based on a median home value of $335,400 and median real estate taxes of $3,103. That is higher than the Jefferson County average of 0.853%.
What is the average home price in Beechwood Village?
The median owner-occupied home value in Beechwood Village, Kentucky is $335,400, against $237,200 across Jefferson County.
Is it cheaper to rent or buy in Beechwood Village?
Median gross rent in Beechwood Village is $1,257 a month, against $2,752 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 Beechwood Village?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Beechwood Village, Kentucky at today's rate takes a household income of roughly $118,000 a year. That covers the full $2,752 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Beechwood Village, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Kentucky.
- 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.