The typical owner-occupied home in Maceo is worth about $145,500, 29% below the Kentucky median of $205,600 and 56% below the national median of $332,700. Owners pay a median $1,307 a year in property taxes, about 0.90% of their home's value, higher than the Kentucky rate of 0.75%. 76% of occupied homes here are lived in by their owners, and 36% of those owners still have a mortgage.
Maceo at a glance
| Maceo | Kentucky | U.S. | |
|---|---|---|---|
| Median home value | $145,500 | $205,600 | $332,700 |
| Median property tax paid per year | $1,307 | $1,544 | $3,119 |
| Property tax as a share of value | 0.90% | 0.75% | 0.94% |
| Median household income | – | $63,726 | $80,734 |
| Homes lived in by their owners | 76% | 68% | 65% |
| Owner homes with a mortgage | 36% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $1,031 | $1,433 | $1,963 |
| Those costs as a share of the owners' income | 15.0% | 18.8% | 21.0% |
| Median rent | $957 | $967 | $1,413 |
| Rent as a share of renters' income | 14.0% | 28.1% | 30.6% |
| Median year homes were built | 1957 | 1982 | 1980 |
| Vacant homes | 17.6% | 10.3% | 10.1% |
| Population | 418 | 4,534,824 | 334,922,499 |
What a typical home costs per month in Maceo
At this week's average 30-year rate of 7.11%, buying the median Maceo home of $145,500 with 20% down costs about $953 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,195, 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 $40,833 for the 20%-down payment.
The median rent here is $957 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $29,100 |
|---|---|
| Loan amount | $116,400 |
| Principal and interest | $783 |
| Property taxes (0.90% a year) | $109 |
| Homeowners insurance (our estimate, 0.5% a year) | $61 |
| PMI | $0 |
| Total per month | $953 |
Change the numbers in the calculator
| Down payment | $5,092 |
|---|---|
| Loan amount | $142,865 |
| Principal and interest | $961 |
| Property taxes (0.90% a year) | $109 |
| Homeowners insurance (our estimate, 0.5% a year) | $61 |
| FHA mortgage insurance | $64 |
| Total per month | $1,195 |
Change the numbers in the calculator
Questions about home buying in Maceo
What is the median home value in Maceo?
About $145,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Maceo?
Homeowners pay a median $1,307 a year, which is about 0.90% 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 Maceo?
For the median home with 20% down at 7.11%, the payment is about $953 a month. Keeping that under 28% of gross income takes about $40,833 a year.
More about Maceo
- Mortgage Refinance in Maceo
- Debt Relief in Maceo
- Home Equity Loans in Maceo
- 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