Total monthly cost of ownership
Cost to Own a Home in Cloverport, Kentucky
A $85,000 home here costs
$808per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $437. The real number is $371 higher every month — 85% 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.
Cloverport against Breckinridge County and Kentucky
| Measure | Cloverport | Breckinridge County |
|---|---|---|
| Median home value | $84,800 | $141,400 |
| Median property tax | $630 | $855 |
| Effective tax rate | 0.743% | 0.605% |
| Median gross rent | $294 | $730 |
| Population | 1,264 | 20,722 |
The weather behind that power bill
Cloverport sits in Breckinridge County, which averages a high of 84.6°F in its hottest month and a low of 23.9°F in its coldest, with 52.78" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 1,140 cooling and 4,600 heating degree days, which is what sets the $135 electricity line above.
See the full climate breakdown for Breckinridge County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Breckinridge County
Full Breckinridge County cost breakdown · Every county in Kentucky
Common questions
How much does it cost to own a home in Cloverport?
A $85,000 home in Cloverport, Kentucky costs approximately $808 per month with 20% down at 6.66%. That is $437 principal and interest, $53 property tax, $45 homeowners insurance, $203 utilities and $71 set aside for maintenance.
What is the property tax rate in Cloverport?
Cloverport has an effective property tax rate of 0.743%, based on a median home value of $84,800 and median real estate taxes of $630. That is higher than the Breckinridge County average of 0.605%.
What is the average home price in Cloverport?
The median owner-occupied home value in Cloverport, Kentucky is $84,800, against $141,400 across Breckinridge County.
Is it cheaper to rent or buy in Cloverport?
Median gross rent in Cloverport is $294 a month, against $808 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 Cloverport — 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.