Cost to Own
United StatesKentuckyWarren CountyPlano Population 1,293 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Plano, Kentucky

A $226,000 home here costs

$1,778

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $1,162. The real number is $616 higher every month — 53% more than the payment most buyers budget for.

Plano median: $226,100
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $180,800 borrowed $1,162
Property tax0.565% effective rate for Plano itself $106
Homeowners insuranceKentucky averages $1,232/yr (NAIC), or 0.631% of home value $119
Electricity14.98¢/kWh — Kentucky residential average, EIA $135
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $188
Total monthly $1,778

Plano against Warren County and Kentucky

MeasurePlanoWarren County
Median home value$226,100$242,600
Median property tax$1,278$1,558
Effective tax rate0.565%0.642%
Median gross rent$963
Population1,293137,549

The weather behind that power bill

Plano sits in Warren County, which averages a high of 89.7°F in its hottest month and a low of 28.3°F in its coldest, with 50.1" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 1,676 cooling and 3,797 heating degree days, which is what sets the $135 electricity line above.

See the full climate breakdown for Warren County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Warren County

Full Warren County cost breakdown · Every county in Kentucky

Common questions

How much does it cost to own a home in Plano?

A $226,000 home in Plano, Kentucky costs approximately $1,778 per month with 20% down at 6.66%. That is $1,162 principal and interest, $106 property tax, $119 homeowners insurance, $203 utilities and $188 set aside for maintenance.

What is the property tax rate in Plano?

Plano has an effective property tax rate of 0.565%, based on a median home value of $226,100 and median real estate taxes of $1,278. That is lower than the Warren County average of 0.642%.

What is the average home price in Plano?

The median owner-occupied home value in Plano, Kentucky is $226,100, against $242,600 across Warren County.

Is it cheaper to rent or buy in Plano?

Rent data is not published for Plano at this level of detail.

Sources & methodology

  • Median home value, real estate taxes, gross rent and population for Plano — 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.

Full methodology