Total monthly cost of ownership
Cost to Own a Home in Leitchfield, Kentucky
A $157,000 home here costs
$1,296per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $807. The real number is $489 higher every month — 61% 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.
Leitchfield against Grayson County and Kentucky
| Measure | Leitchfield | Grayson County |
|---|---|---|
| Median home value | $156,700 | $160,100 |
| Median property tax | $870 | $896 |
| Effective tax rate | 0.555% | 0.560% |
| Median gross rent | $588 | $653 |
| Population | 6,434 | 26,586 |
The weather behind that power bill
Leitchfield sits in Grayson County, which averages a high of 85.5°F in its hottest month and a low of 20.8°F in its coldest, with 49.81" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 969 cooling and 5,010 heating degree days, which is what sets the $135 electricity line above.
See the full climate breakdown for Grayson County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Grayson County
Full Grayson County cost breakdown · Every county in Kentucky
Common questions
How much does it cost to own a home in Leitchfield?
A $157,000 home in Leitchfield, Kentucky costs approximately $1,296 per month with 20% down at 6.66%. That is $807 principal and interest, $73 property tax, $83 homeowners insurance, $203 utilities and $131 set aside for maintenance.
What is the property tax rate in Leitchfield?
Leitchfield has an effective property tax rate of 0.555%, based on a median home value of $156,700 and median real estate taxes of $870. That is in line with the Grayson County average of 0.560%.
What is the average home price in Leitchfield?
The median owner-occupied home value in Leitchfield, Kentucky is $156,700, against $160,100 across Grayson County.
Is it cheaper to rent or buy in Leitchfield?
Median gross rent in Leitchfield is $588 a month, against $1,296 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 Leitchfield — 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.