Total monthly cost of ownership
Cost to Own a Home in Masonville, Kentucky
A $229,000 home here costs
$1,859per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,177. The real number is $682 higher every month — 58% 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.
Masonville against Daviess County and Kentucky
| Measure | Masonville | Daviess County |
|---|---|---|
| Median home value | $228,600 | $185,800 |
| Median property tax | $2,011 | $1,595 |
| Effective tax rate | 0.880% | 0.858% |
| Median gross rent | — | $906 |
| Population | 2,634 | 103,195 |
The weather behind that power bill
Masonville sits in Daviess County, which averages a high of 88.6°F in its hottest month and a low of 25.5°F in its coldest, with 47.91" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 1,525 cooling and 4,340 heating degree days, which is what sets the $135 electricity line above.
See the full climate breakdown for Daviess County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Daviess County
Full Daviess County cost breakdown · Every county in Kentucky
Common questions
How much does it cost to own a home in Masonville?
A $229,000 home in Masonville, Kentucky costs approximately $1,859 per month with 20% down at 6.66%. That is $1,177 principal and interest, $168 property tax, $120 homeowners insurance, $203 utilities and $191 set aside for maintenance.
What is the property tax rate in Masonville?
Masonville has an effective property tax rate of 0.880%, based on a median home value of $228,600 and median real estate taxes of $2,011. That is higher than the Daviess County average of 0.858%.
What is the average home price in Masonville?
The median owner-occupied home value in Masonville, Kentucky is $228,600, against $185,800 across Daviess County.
Is it cheaper to rent or buy in Masonville?
Rent data is not published for Masonville at this level of detail.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Masonville — 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.