Total monthly cost of ownership
Cost to Own a Home in Highland Heights, Kentucky
A $149,000 home here costs
$1,371per 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 $58,500 a year.
A standard mortgage calculator would have told you $812. The real number is $558 higher every month, 69% more than the payment most buyers budget for.
Compare Campbell County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Highland Heights against Campbell County and Kentucky
| Measure | Highland Heights | Campbell County |
|---|---|---|
| Median home value | $148,600 | $234,500 |
| Median property tax | $1,715 | $2,495 |
| Effective tax rate | 1.154% | 1.064% |
| Median gross rent | $1,101 | $1,079 |
| Population | 6,531 | 93,193 |
The weather behind that power bill
Highland Heights sits in Campbell County, which averages a high of 86.6°F in its hottest month and a low of 23.6°F in its coldest, with 43.4" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 1,126 cooling and 4,804 heating degree days, which is what sets the $144 electricity line above.
See the full climate breakdown for Campbell County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Campbell County
Full Campbell County cost breakdown · Every county in Kentucky
Talk to someone who works this market
These are Highland Heights 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 Highland Heights every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Highland Heights I already own here and may sell
Common questions
How much does it cost to own a home in Highland Heights?
A $149,000 home in Highland Heights, Kentucky costs approximately $1,371 per month with 20% down at 7.24%. That is $812 principal and interest, $143 property tax, $78 homeowners insurance, $212 utilities and $124 set aside for maintenance.
What is the property tax rate in Highland Heights?
Highland Heights has an effective property tax rate of 1.154%, based on a median home value of $148,600 and median real estate taxes of $1,715. That is higher than the Campbell County average of 1.064%.
What is the average home price in Highland Heights?
The median owner-occupied home value in Highland Heights, Kentucky is $148,600, against $234,500 across Campbell County.
Is it cheaper to rent or buy in Highland Heights?
Median gross rent in Highland Heights is $1,101 a month, against $1,371 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 Highland Heights?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Highland Heights, Kentucky at today's rate takes a household income of roughly $58,500 a year. That covers the full $1,371 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Highland Heights, 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.