Total monthly cost of ownership
Cost to Own a Home in Owingsville, Kentucky
A $93,000 home here costs
$866per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $478. The real number is $388 higher every month — 81% 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.
Owingsville against Bath County and Kentucky
| Measure | Owingsville | Bath County |
|---|---|---|
| Median home value | $92,700 | $111,800 |
| Median property tax | $702 | $817 |
| Effective tax rate | 0.757% | 0.731% |
| Median gross rent | $529 | $600 |
| Population | 1,977 | 12,812 |
The weather behind that power bill
Owingsville sits in Bath County, which averages a high of 85.5°F in its hottest month and a low of 24.5°F in its coldest, with 50.79" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 1,057 cooling and 4,729 heating degree days, which is what sets the $135 electricity line above.
See the full climate breakdown for Bath County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Bath County
No other places of this size are published in Bath County.
Common questions
How much does it cost to own a home in Owingsville?
A $93,000 home in Owingsville, Kentucky costs approximately $866 per month with 20% down at 6.66%. That is $478 principal and interest, $59 property tax, $49 homeowners insurance, $203 utilities and $78 set aside for maintenance.
What is the property tax rate in Owingsville?
Owingsville has an effective property tax rate of 0.757%, based on a median home value of $92,700 and median real estate taxes of $702. That is higher than the Bath County average of 0.731%.
What is the average home price in Owingsville?
The median owner-occupied home value in Owingsville, Kentucky is $92,700, against $111,800 across Bath County.
Is it cheaper to rent or buy in Owingsville?
Median gross rent in Owingsville is $529 a month, against $866 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 Owingsville — 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.