Total monthly cost of ownership
Cost to Own a Home in Ledbetter, Kentucky
A $115,000 home here costs
$1,027per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $591. The real number is $436 higher every month — 74% 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.
Ledbetter against Livingston County and Kentucky
| Measure | Ledbetter | Livingston County |
|---|---|---|
| Median home value | $115,000 | $116,300 |
| Median property tax | $920 | $731 |
| Effective tax rate | 0.800% | 0.629% |
| Median gross rent | $1,116 | $912 |
| Population | 1,630 | 8,941 |
The weather behind that power bill
Ledbetter sits in Livingston County, which averages a high of 87.9°F in its hottest month and a low of 25.7°F in its coldest, with 49.29" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 1,465 cooling and 4,297 heating degree days, which is what sets the $135 electricity line above.
See the full climate breakdown for Livingston County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Livingston County
No other places of this size are published in Livingston County.
Full Livingston County cost breakdown · Every county in Kentucky
Common questions
How much does it cost to own a home in Ledbetter?
A $115,000 home in Ledbetter, Kentucky costs approximately $1,027 per month with 20% down at 6.66%. That is $591 principal and interest, $77 property tax, $60 homeowners insurance, $203 utilities and $96 set aside for maintenance.
What is the property tax rate in Ledbetter?
Ledbetter has an effective property tax rate of 0.800%, based on a median home value of $115,000 and median real estate taxes of $920. That is higher than the Livingston County average of 0.629%.
What is the average home price in Ledbetter?
The median owner-occupied home value in Ledbetter, Kentucky is $115,000, against $116,300 across Livingston County.
Is it cheaper to rent or buy in Ledbetter?
Median gross rent in Ledbetter is $1,116 a month, against $1,027 to own the median home all in. Owning costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Ledbetter — 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.