The typical owner-occupied home in Caldwell County is worth about $118,500, 42% below the Kentucky median of $205,600 and 64% below the national median of $332,700. Owners pay a median $643 a year in property taxes, about 0.54% of their home's value, lower than the Kentucky rate of 0.75%. The median household earns $59,583 a year, so the median home costs 2.0 times the median income (3.2 times for Kentucky). 70% of occupied homes here are lived in by their owners, and 48% of those owners still have a mortgage.
Caldwell County at a glance
| Caldwell County | Kentucky | U.S. | |
|---|---|---|---|
| Median home value | $118,500 | $205,600 | $332,700 |
| Median property tax paid per year | $643 | $1,544 | $3,119 |
| Property tax as a share of value | 0.54% | 0.75% | 0.94% |
| Median household income | $59,583 | $63,726 | $80,734 |
| Homes lived in by their owners | 70% | 68% | 65% |
| Owner homes with a mortgage | 48% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $1,288 | $1,433 | $1,963 |
| Those costs as a share of the owners' income | 20.0% | 18.8% | 21.0% |
| Median rent | $767 | $967 | $1,413 |
| Rent as a share of renters' income | 26.3% | 28.1% | 30.6% |
| Median year homes were built | 1975 | 1982 | 1980 |
| Vacant homes | 17.1% | 10.3% | 10.1% |
| Population | 12,618 | 4,534,824 | 334,922,499 |
What a typical home costs per month in Caldwell County
At this week's average 30-year rate of 7.11%, buying the median Caldwell County home of $118,500 with 20% down costs about $740 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $938, 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 $31,733 for the 20%-down payment. That payment is 15% of the median Caldwell County household income of $59,583; at that income and 20% down, the 28% guideline points to a home of about $223,000.
The median rent here is $767 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $23,700 |
|---|---|
| Loan amount | $94,800 |
| Principal and interest | $638 |
| Property taxes (0.54% a year) | $53 |
| Homeowners insurance (our estimate, 0.5% a year) | $49 |
| PMI | $0 |
| Total per month | $740 |
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| Down payment | $4,148 |
|---|---|
| Loan amount | $116,354 |
| Principal and interest | $783 |
| Property taxes (0.54% a year) | $53 |
| Homeowners insurance (our estimate, 0.5% a year) | $49 |
| FHA mortgage insurance | $52 |
| Total per month | $938 |
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Questions about home buying in Caldwell County
What is the median home value in Caldwell County?
About $118,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Caldwell County?
Homeowners pay a median $643 a year, which is about 0.54% 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 Caldwell County?
For the median home with 20% down at 7.11%, the payment is about $740 a month. Keeping that under 28% of gross income takes about $31,733 a year.
More about Caldwell County
- Mortgage Refinance in Caldwell County
- Debt Relief in Caldwell County
- Home Equity Loans in Caldwell County
- 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