Cost to Own
United StatesKentuckyDaviess CountySorgho Population 2,928 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Sorgho, Kentucky

A $253,000 home here costs

$2,016

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

A standard mortgage calculator would have told you $1,301. The real number is $715 higher every month — 55% more than the payment most buyers budget for.

Sorgho median: $252,800
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, $202,400 borrowed $1,301
Property tax0.800% effective rate for Sorgho itself $169
Homeowners insuranceKentucky averages $1,232/yr (NAIC), or 0.631% of home value $133
Electricity14.98¢/kWh — Kentucky residential average, EIA $135
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $211
Total monthly $2,016

Sorgho against Daviess County and Kentucky

MeasureSorghoDaviess County
Median home value$252,800$185,800
Median property tax$2,022$1,595
Effective tax rate0.800%0.858%
Median gross rent$906
Population2,928103,195

The weather behind that power bill

Sorgho 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 Sorgho?

A $253,000 home in Sorgho, Kentucky costs approximately $2,016 per month with 20% down at 6.66%. That is $1,301 principal and interest, $169 property tax, $133 homeowners insurance, $203 utilities and $211 set aside for maintenance.

What is the property tax rate in Sorgho?

Sorgho has an effective property tax rate of 0.800%, based on a median home value of $252,800 and median real estate taxes of $2,022. That is lower than the Daviess County average of 0.858%.

What is the average home price in Sorgho?

The median owner-occupied home value in Sorgho, Kentucky is $252,800, against $185,800 across Daviess County.

Is it cheaper to rent or buy in Sorgho?

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

Sources & methodology

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