Total monthly cost of ownership
Cost to Own a Home in Louisa, Kentucky
A $145,000 home here costs
$1,250per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $745. The real number is $504 higher every month — 68% 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.
Louisa against Lawrence County and Kentucky
| Measure | Louisa | Lawrence County |
|---|---|---|
| Median home value | $144,900 | $108,100 |
| Median property tax | $1,255 | $733 |
| Effective tax rate | 0.866% | 0.678% |
| Median gross rent | $444 | $729 |
| Population | 2,645 | 16,171 |
The weather behind that power bill
Louisa sits in Lawrence County, which averages a high of 85.4°F in its hottest month and a low of 22.5°F in its coldest, with 46.14" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 875 cooling and 4,852 heating degree days, which is what sets the $135 electricity line above.
See the full climate breakdown for Lawrence County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Lawrence County
No other places of this size are published in Lawrence County.
Full Lawrence County cost breakdown · Every county in Kentucky
Common questions
How much does it cost to own a home in Louisa?
A $145,000 home in Louisa, Kentucky costs approximately $1,250 per month with 20% down at 6.66%. That is $745 principal and interest, $105 property tax, $76 homeowners insurance, $203 utilities and $121 set aside for maintenance.
What is the property tax rate in Louisa?
Louisa has an effective property tax rate of 0.866%, based on a median home value of $144,900 and median real estate taxes of $1,255. That is higher than the Lawrence County average of 0.678%.
What is the average home price in Louisa?
The median owner-occupied home value in Louisa, Kentucky is $144,900, against $108,100 across Lawrence County.
Is it cheaper to rent or buy in Louisa?
Median gross rent in Louisa is $444 a month, against $1,250 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 Louisa — 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.