Total monthly cost of ownership
Cost to Own a Home in Francisville, Kentucky
A $374,000 home here costs
$2,913per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,923. The real number is $990 higher every month — 51% 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.
Francisville against Boone County and Kentucky
| Measure | Francisville | Boone County |
|---|---|---|
| Median home value | $374,100 | $253,200 |
| Median property tax | $3,347 | $2,273 |
| Effective tax rate | 0.895% | 0.898% |
| Median gross rent | $1,246 | $1,253 |
| Population | 10,313 | 137,676 |
The weather behind that power bill
Francisville sits in Boone County, which averages a high of 86.0°F in its hottest month and a low of 23.1°F in its coldest, with 45.26" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 1,160 cooling and 4,892 heating degree days, which is what sets the $135 electricity line above.
See the full climate breakdown for Boone County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Boone County
Common questions
How much does it cost to own a home in Francisville?
A $374,000 home in Francisville, Kentucky costs approximately $2,913 per month with 20% down at 6.66%. That is $1,923 principal and interest, $279 property tax, $197 homeowners insurance, $203 utilities and $312 set aside for maintenance.
What is the property tax rate in Francisville?
Francisville has an effective property tax rate of 0.895%, based on a median home value of $374,100 and median real estate taxes of $3,347. That is in line with the Boone County average of 0.898%.
What is the average home price in Francisville?
The median owner-occupied home value in Francisville, Kentucky is $374,100, against $253,200 across Boone County.
Is it cheaper to rent or buy in Francisville?
Median gross rent in Francisville is $1,246 a month, against $2,913 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 Francisville — 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.