Total monthly cost of ownership
Cost to Own a Home in Sturgis, Kentucky
A $83,000 home here costs
$788per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $427. The real number is $361 higher every month — 85% 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.
Sturgis against Union County and Kentucky
| Measure | Sturgis | Union County |
|---|---|---|
| Median home value | $83,400 | $109,000 |
| Median property tax | $549 | $858 |
| Effective tax rate | 0.658% | 0.787% |
| Median gross rent | $703 | $787 |
| Population | 1,827 | 13,379 |
The weather behind that power bill
Sturgis sits in Union County, which averages a high of 88.2°F in its hottest month and a low of 25.5°F in its coldest, with 48.21" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 1,437 cooling and 4,374 heating degree days, which is what sets the $135 electricity line above.
See the full climate breakdown for Union County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Union County
Common questions
How much does it cost to own a home in Sturgis?
A $83,000 home in Sturgis, Kentucky costs approximately $788 per month with 20% down at 6.66%. That is $427 principal and interest, $46 property tax, $44 homeowners insurance, $203 utilities and $69 set aside for maintenance.
What is the property tax rate in Sturgis?
Sturgis has an effective property tax rate of 0.658%, based on a median home value of $83,400 and median real estate taxes of $549. That is lower than the Union County average of 0.787%.
What is the average home price in Sturgis?
The median owner-occupied home value in Sturgis, Kentucky is $83,400, against $109,000 across Union County.
Is it cheaper to rent or buy in Sturgis?
Median gross rent in Sturgis is $703 a month, against $788 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 Sturgis — 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.