Cost to Own
United StatesKentuckyOldham CountyBuckner Population 3,786 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Buckner, Kentucky

A $390,000 home here costs

$3,037

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $2,005. The real number is $1,032 higher every month — 51% more than the payment most buyers budget for.

Buckner median: $389,900
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $312,000 borrowed $2,005
Property tax0.921% effective rate for Buckner itself $299
Homeowners insuranceKentucky averages $1,232/yr (NAIC), or 0.631% of home value $205
Electricity14.98¢/kWh — Kentucky residential average, EIA $135
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $325
Total monthly $3,037

Buckner against Oldham County and Kentucky

MeasureBucknerOldham County
Median home value$389,900$375,000
Median property tax$3,592$3,454
Effective tax rate0.921%0.921%
Median gross rent$1,536$1,142
Population3,78668,600

The weather behind that power bill

Buckner sits in Oldham County, which averages a high of 87.5°F in its hottest month and a low of 23.1°F in its coldest, with 52.87" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 1,241 cooling and 4,777 heating degree days, which is what sets the $135 electricity line above.

See the full climate breakdown for Oldham County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Oldham County

Full Oldham County cost breakdown · Every county in Kentucky

Common questions

How much does it cost to own a home in Buckner?

A $390,000 home in Buckner, Kentucky costs approximately $3,037 per month with 20% down at 6.66%. That is $2,005 principal and interest, $299 property tax, $205 homeowners insurance, $203 utilities and $325 set aside for maintenance.

What is the property tax rate in Buckner?

Buckner has an effective property tax rate of 0.921%, based on a median home value of $389,900 and median real estate taxes of $3,592. That is in line with the Oldham County average of 0.921%.

What is the average home price in Buckner?

The median owner-occupied home value in Buckner, Kentucky is $389,900, against $375,000 across Oldham County.

Is it cheaper to rent or buy in Buckner?

Median gross rent in Buckner is $1,536 a month, against $3,037 to own the median home all in. Renting costs less month to month here, though renting builds no equity.

Sources & methodology

  • Median home value, real estate taxes, gross rent and population for Buckner — 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.

Full methodology