The typical owner-occupied home in Verona is worth about $451,600, 2.2 times the Kentucky median of $205,600 and 36% above the national median of $332,700. Owners pay a median $4,668 a year in property taxes, about 1.03% of their home's value, higher than the Kentucky rate of 0.75%. The median household earns $144,507 a year, so the median home costs 3.1 times the median income (3.2 times for Kentucky). 97% of occupied homes here are lived in by their owners, and 67% of those owners still have a mortgage.
Verona at a glance
| Verona | Kentucky | U.S. | |
|---|---|---|---|
| Median home value | $451,600 | $205,600 | $332,700 |
| Median property tax paid per year | $4,668 | $1,544 | $3,119 |
| Property tax as a share of value | 1.03% | 0.75% | 0.94% |
| Median household income | $144,507 | $63,726 | $80,734 |
| Homes lived in by their owners | 97% | 68% | 65% |
| Owner homes with a mortgage | 67% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $2,592 | $1,433 | $1,963 |
| Those costs as a share of the owners' income | 19.5% | 18.8% | 21.0% |
| Median rent | – | $967 | $1,413 |
| Median year homes were built | 2000 | 1982 | 1980 |
| Vacant homes | 3.8% | 10.3% | 10.1% |
| Population | 1,394 | 4,534,824 | 334,922,499 |
What a typical home costs per month in Verona
At this week's average 30-year rate of 7.11%, buying the median Verona home of $451,600 with 20% down costs about $3,006 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,758, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $128,835 for the 20%-down payment. That payment is 25% of the median Verona household income of $144,507; at that income and 20% down, the 28% guideline points to a home of about $507,000.
| Down payment | $90,320 |
|---|---|
| Loan amount | $361,280 |
| Principal and interest | $2,430 |
| Property taxes (1.03% a year) | $388 |
| Homeowners insurance (our estimate, 0.5% a year) | $188 |
| PMI | $0 |
| Total per month | $3,006 |
Change the numbers in the calculator
| Down payment | $15,806 |
|---|---|
| Loan amount | $443,420 |
| Principal and interest | $2,983 |
| Property taxes (1.03% a year) | $388 |
| Homeowners insurance (our estimate, 0.5% a year) | $188 |
| FHA mortgage insurance | $200 |
| Total per month | $3,758 |
Change the numbers in the calculator
Questions about home buying in Verona
What is the median home value in Verona?
About $451,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Verona?
Homeowners pay a median $4,668 a year, which is about 1.03% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Verona?
For the median home with 20% down at 7.11%, the payment is about $3,006 a month. Keeping that under 28% of gross income takes about $128,835 a year.
More about Verona
- Mortgage Refinance in Verona
- Debt Relief in Verona
- Home Equity Loans in Verona
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data