Total monthly cost of ownership
Cost to Own a Home in Coal Run Village, Kentucky
A $121,000 home here costs
$1,115per 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 $48,000 a year.
A standard mortgage calculator would have told you $660. The real number is $455 higher every month, 69% more than the payment most buyers budget for.
Compare Pike County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Coal Run Village from a five-year rolling sample, and with about 1,888 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 Pike 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.
Coal Run Village against Pike County and Kentucky
| Measure | Coal Run Village | Pike County |
|---|---|---|
| Median home value | $120,700 | $104,200 |
| Median property tax | $936 | $758 |
| Effective tax rate | 0.775% | 0.727% |
| Median gross rent | $846 | $837 |
| Population | 1,888 | 57,466 |
The weather behind that power bill
Coal Run Village sits in Pike County, which averages a high of 88.6°F in its hottest month and a low of 25.8°F in its coldest, with 48.3" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 1,397 cooling and 4,016 heating degree days, which is what sets the $144 electricity line above.
See the full climate breakdown for Pike County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Pike County
Talk to someone who works this market
These are Coal Run 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 Coal Run Village every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Coal Run Village I already own here and may sell
Common questions
How much does it cost to own a home in Coal Run Village?
A $121,000 home in Coal Run Village, Kentucky costs approximately $1,115 per month with 20% down at 7.24%. That is $660 principal and interest, $78 property tax, $64 homeowners insurance, $212 utilities and $101 set aside for maintenance.
What is the property tax rate in Coal Run Village?
Coal Run Village has an effective property tax rate of 0.775%, based on a median home value of $120,700 and median real estate taxes of $936. That is higher than the Pike County average of 0.727%.
What is the average home price in Coal Run Village?
The median owner-occupied home value in Coal Run Village, Kentucky is $120,700, against $104,200 across Pike County.
Is it cheaper to rent or buy in Coal Run Village?
Median gross rent in Coal Run Village is $846 a month, against $1,115 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 Coal Run Village?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Coal Run Village, Kentucky at today's rate takes a household income of roughly $48,000 a year. That covers the full $1,115 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Coal Run 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.