Total monthly cost of ownership
Cost to Own a Home in Clinton, Kentucky
A $49,000 home here costs
$546per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $252. The real number is $294 higher every month — 117% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Clinton against Hickman County and Kentucky
| Measure | Clinton | Hickman County |
|---|---|---|
| Median home value | $48,700 | $92,300 |
| Median property tax | $295 | $756 |
| Effective tax rate | 0.606% | 0.819% |
| Median gross rent | $656 | $717 |
| Population | 1,246 | 4,470 |
The weather behind that power bill
Clinton sits in Hickman County, which averages a high of 88.7°F in its hottest month and a low of 26.0°F in its coldest, with 51" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 1,592 cooling and 4,075 heating degree days, which is what sets the $135 electricity line above.
See the full climate breakdown for Hickman County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Hickman County
No other places of this size are published in Hickman County.
Full Hickman County cost breakdown · Every county in Kentucky
Common questions
How much does it cost to own a home in Clinton?
A $49,000 home in Clinton, Kentucky costs approximately $546 per month with 20% down at 6.66%. That is $252 principal and interest, $25 property tax, $26 homeowners insurance, $203 utilities and $41 set aside for maintenance.
What is the property tax rate in Clinton?
Clinton has an effective property tax rate of 0.606%, based on a median home value of $48,700 and median real estate taxes of $295. That is lower than the Hickman County average of 0.819%.
What is the average home price in Clinton?
The median owner-occupied home value in Clinton, Kentucky is $48,700, against $92,300 across Hickman County.
Is it cheaper to rent or buy in Clinton?
Median gross rent in Clinton is $656 a month, against $546 to own the median home all in. Owning costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Clinton — 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.