Total monthly cost of ownership
Cost to Own a Home in Shepherdsville, Kentucky
A $202,000 home here costs
$1,663per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,038. The real number is $624 higher every month — 60% 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.
Shepherdsville against Bullitt County and Kentucky
| Measure | Shepherdsville | Bullitt County |
|---|---|---|
| Median home value | $202,300 | $233,700 |
| Median property tax | $1,768 | $1,994 |
| Effective tax rate | 0.874% | 0.853% |
| Median gross rent | $898 | $973 |
| Population | 14,351 | 83,209 |
The weather behind that power bill
Shepherdsville sits in Bullitt County, which averages a high of 87.7°F in its hottest month and a low of 26.0°F in its coldest, with 52.55" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 1,333 cooling and 4,128 heating degree days, which is what sets the $135 electricity line above.
See the full climate breakdown for Bullitt County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Bullitt County
Full Bullitt County cost breakdown · Every county in Kentucky
Common questions
How much does it cost to own a home in Shepherdsville?
A $202,000 home in Shepherdsville, Kentucky costs approximately $1,663 per month with 20% down at 6.66%. That is $1,038 principal and interest, $147 property tax, $106 homeowners insurance, $203 utilities and $168 set aside for maintenance.
What is the property tax rate in Shepherdsville?
Shepherdsville has an effective property tax rate of 0.874%, based on a median home value of $202,300 and median real estate taxes of $1,768. That is higher than the Bullitt County average of 0.853%.
What is the average home price in Shepherdsville?
The median owner-occupied home value in Shepherdsville, Kentucky is $202,300, against $233,700 across Bullitt County.
Is it cheaper to rent or buy in Shepherdsville?
Median gross rent in Shepherdsville is $898 a month, against $1,663 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 Shepherdsville — 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.