Total monthly cost of ownership
Cost to Own a Home in Elizabethtown, Kentucky
A $223,000 home here costs
$1,796per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,146. The real number is $650 higher every month — 57% 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.
Elizabethtown against Hardin County and Kentucky
| Measure | Elizabethtown | Hardin County |
|---|---|---|
| Median home value | $223,200 | $205,900 |
| Median property tax | $1,727 | $1,451 |
| Effective tax rate | 0.774% | 0.705% |
| Median gross rent | $876 | $947 |
| Population | 31,870 | 111,452 |
The weather behind that power bill
Elizabethtown sits in Hardin County, which averages a high of 86.0°F in its hottest month and a low of 24.3°F in its coldest, with 54.38" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 1,136 cooling and 4,564 heating degree days, which is what sets the $135 electricity line above.
See the full climate breakdown for Hardin County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Hardin County
Full Hardin County cost breakdown · Every county in Kentucky
Common questions
How much does it cost to own a home in Elizabethtown?
A $223,000 home in Elizabethtown, Kentucky costs approximately $1,796 per month with 20% down at 6.66%. That is $1,146 principal and interest, $144 property tax, $117 homeowners insurance, $203 utilities and $186 set aside for maintenance.
What is the property tax rate in Elizabethtown?
Elizabethtown has an effective property tax rate of 0.774%, based on a median home value of $223,200 and median real estate taxes of $1,727. That is higher than the Hardin County average of 0.705%.
What is the average home price in Elizabethtown?
The median owner-occupied home value in Elizabethtown, Kentucky is $223,200, against $205,900 across Hardin County.
Is it cheaper to rent or buy in Elizabethtown?
Median gross rent in Elizabethtown is $876 a month, against $1,796 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 Elizabethtown — 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.