Total monthly cost of ownership
Cost to Own a Home in Doe Valley, Kentucky
A $302,000 home here costs
$2,447per 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 $105,000 a year.
A standard mortgage calculator would have told you $1,646. The real number is $801 higher every month, 49% more than the payment most buyers budget for.
Compare Meade County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Doe Valley from a five-year rolling sample, and with about 1,719 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 Meade 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.
Doe Valley against Meade County and Kentucky
| Measure | Doe Valley | Meade County |
|---|---|---|
| Median home value | $301,800 | $195,000 |
| Median property tax | $2,131 | $1,386 |
| Effective tax rate | 0.706% | 0.711% |
| Median gross rent | — | $976 |
| Population | 1,719 | 30,032 |
The weather behind that power bill
Doe Valley sits in Meade County, which averages a high of 86.4°F in its hottest month and a low of 22.7°F in its coldest, with 53.3" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 1,140 cooling and 4,672 heating degree days, which is what sets the $144 electricity line above.
See the full climate breakdown for Meade County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Meade County
Talk to someone who works this market
These are Doe Valley 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 Doe Valley every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Doe Valley I already own here and may sell
Common questions
How much does it cost to own a home in Doe Valley?
A $302,000 home in Doe Valley, Kentucky costs approximately $2,447 per month with 20% down at 7.24%. That is $1,646 principal and interest, $178 property tax, $159 homeowners insurance, $212 utilities and $252 set aside for maintenance.
What is the property tax rate in Doe Valley?
Doe Valley has an effective property tax rate of 0.706%, based on a median home value of $301,800 and median real estate taxes of $2,131. That is in line with the Meade County average of 0.711%.
What is the average home price in Doe Valley?
The median owner-occupied home value in Doe Valley, Kentucky is $301,800, against $195,000 across Meade County.
Is it cheaper to rent or buy in Doe Valley?
Rent data is not published for Doe Valley at this level of detail.
What salary do you need to buy a home in Doe Valley?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Doe Valley, Kentucky at today's rate takes a household income of roughly $105,000 a year. That covers the full $2,447 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Doe Valley, 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.