Total monthly cost of ownership
Cost to Own a Home in Jackson, Kentucky
A $76,000 home here costs
$792per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $391. The real number is $401 higher every month — 103% 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.
Jackson against Breathitt County and Kentucky
| Measure | Jackson | Breathitt County |
|---|---|---|
| Median home value | $75,900 | $61,800 |
| Median property tax | $1,137 | $521 |
| Effective tax rate | 1.498% | 0.843% |
| Median gross rent | $494 | $543 |
| Population | 2,128 | 13,438 |
The weather behind that power bill
Jackson sits in Breathitt County, which averages a high of 84.6°F in its hottest month and a low of 22.9°F in its coldest, with 48.95" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 944 cooling and 4,752 heating degree days, which is what sets the $135 electricity line above.
See the full climate breakdown for Breathitt County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Breathitt County
No other places of this size are published in Breathitt County.
Full Breathitt County cost breakdown · Every county in Kentucky
Common questions
How much does it cost to own a home in Jackson?
A $76,000 home in Jackson, Kentucky costs approximately $792 per month with 20% down at 6.66%. That is $391 principal and interest, $95 property tax, $40 homeowners insurance, $203 utilities and $63 set aside for maintenance.
What is the property tax rate in Jackson?
Jackson has an effective property tax rate of 1.498%, based on a median home value of $75,900 and median real estate taxes of $1,137. That is higher than the Breathitt County average of 0.843%.
What is the average home price in Jackson?
The median owner-occupied home value in Jackson, Kentucky is $75,900, against $61,800 across Breathitt County.
Is it cheaper to rent or buy in Jackson?
Median gross rent in Jackson is $494 a month, against $792 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 Jackson — 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.