Total monthly cost of ownership
Cost to Own a Home in Orchard Grass Hills, Kentucky
A $261,000 home here costs
$2,127per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,342. The real number is $785 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.
Orchard Grass Hills against Oldham County and Kentucky
| Measure | Orchard Grass Hills | Oldham County |
|---|---|---|
| Median home value | $261,100 | $375,000 |
| Median property tax | $2,729 | $3,454 |
| Effective tax rate | 1.045% | 0.921% |
| Median gross rent | $1,904 | $1,142 |
| Population | 2,008 | 68,600 |
The weather behind that power bill
Orchard Grass Hills sits in Oldham County, which averages a high of 87.5°F in its hottest month and a low of 23.1°F in its coldest, with 52.87" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 1,241 cooling and 4,777 heating degree days, which is what sets the $135 electricity line above.
See the full climate breakdown for Oldham County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Oldham County
Full Oldham County cost breakdown · Every county in Kentucky
Common questions
How much does it cost to own a home in Orchard Grass Hills?
A $261,000 home in Orchard Grass Hills, Kentucky costs approximately $2,127 per month with 20% down at 6.66%. That is $1,342 principal and interest, $227 property tax, $137 homeowners insurance, $203 utilities and $218 set aside for maintenance.
What is the property tax rate in Orchard Grass Hills?
Orchard Grass Hills has an effective property tax rate of 1.045%, based on a median home value of $261,100 and median real estate taxes of $2,729. That is higher than the Oldham County average of 0.921%.
What is the average home price in Orchard Grass Hills?
The median owner-occupied home value in Orchard Grass Hills, Kentucky is $261,100, against $375,000 across Oldham County.
Is it cheaper to rent or buy in Orchard Grass Hills?
Median gross rent in Orchard Grass Hills is $1,904 a month, against $2,127 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 Orchard Grass Hills — 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.