Washington County, KY real estate

What the numbers say

Washington County, KY real estate at a glance

By AstroCore · Realtor.com, US Census and Freddie Mac data

Homeowners in Washington County pay a median of $1,174 a year in property taxes on a median home value of $179,200, an effective rate of about 0.66%. The Kentucky average is 0.75%, which makes Washington County the #46 lowest-tax of 120 counties in the state with published tax data.

Renters pay a median of $744 a month, and $819 for a two-bedroom. At today's prices a typical home costs about 20 times a year's rent, which generally favors renting over buying in the short term.

With 20% down and today's 7.24% average 30-year rate, the monthly payment on a $179,000 home here comes to about $1,149 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $49,000 a year (the median household here earns $61,616).