Total monthly cost of ownership
Cost to Own a Home in Taylorsville, Kentucky
A $149,000 home here costs
$1,398per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $766. The real number is $632 higher every month — 82% 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.
Taylorsville against Spencer County and Kentucky
| Measure | Taylorsville | Spencer County |
|---|---|---|
| Median home value | $148,500 | $297,600 |
| Median property tax | $2,711 | $2,118 |
| Effective tax rate | 1.826% | 0.712% |
| Median gross rent | $804 | $954 |
| Population | 1,566 | 19,875 |
The weather behind that power bill
Taylorsville sits in Spencer County, which averages a high of 90.3°F in its hottest month and a low of 22.0°F in its coldest, with 52.5" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 1,321 cooling and 4,594 heating degree days, which is what sets the $135 electricity line above.
See the full climate breakdown for Spencer County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Spencer County
Full Spencer County cost breakdown · Every county in Kentucky
Common questions
How much does it cost to own a home in Taylorsville?
A $149,000 home in Taylorsville, Kentucky costs approximately $1,398 per month with 20% down at 6.66%. That is $766 principal and interest, $227 property tax, $78 homeowners insurance, $203 utilities and $124 set aside for maintenance.
What is the property tax rate in Taylorsville?
Taylorsville has an effective property tax rate of 1.826%, based on a median home value of $148,500 and median real estate taxes of $2,711. That is higher than the Spencer County average of 0.712%.
What is the average home price in Taylorsville?
The median owner-occupied home value in Taylorsville, Kentucky is $148,500, against $297,600 across Spencer County.
Is it cheaper to rent or buy in Taylorsville?
Median gross rent in Taylorsville is $804 a month, against $1,398 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 Taylorsville — 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.