The typical owner-occupied home in Spottsville is worth about $95,500, 54% below the Kentucky median of $205,600 and 71% below the national median of $332,700. Owners pay a median $674 a year in property taxes, about 0.71% of their home's value, lower than the Kentucky rate of 0.75%. The median household earns $59,866 a year, so the median home costs 1.6 times the median income (3.2 times for Kentucky). 100% of occupied homes here are lived in by their owners, and 55% of those owners still have a mortgage.
Spottsville at a glance
| Spottsville | Kentucky | U.S. | |
|---|---|---|---|
| Median home value | $95,500 | $205,600 | $332,700 |
| Median property tax paid per year | $674 | $1,544 | $3,119 |
| Property tax as a share of value | 0.71% | 0.75% | 0.94% |
| Median household income | $59,866 | $63,726 | $80,734 |
| Homes lived in by their owners | 100% | 68% | 65% |
| Owner homes with a mortgage | 55% | 56% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,433 | $1,963 |
| Median rent | – | $967 | $1,413 |
| Median year homes were built | 1950 | 1982 | 1980 |
| Vacant homes | 39.1% | 10.3% | 10.1% |
| Population | 194 | 4,534,824 | 334,922,499 |
What a typical home costs per month in Spottsville
At this week's average 30-year rate of 7.11%, buying the median Spottsville home of $95,500 with 20% down costs about $610 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $769, 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 $26,154 for the 20%-down payment. That payment is 12% of the median Spottsville household income of $59,866; at that income and 20% down, the 28% guideline points to a home of about $219,000.
| Down payment | $19,100 |
|---|---|
| Loan amount | $76,400 |
| Principal and interest | $514 |
| Property taxes (0.71% a year) | $56 |
| Homeowners insurance (our estimate, 0.5% a year) | $40 |
| PMI | $0 |
| Total per month | $610 |
Change the numbers in the calculator
| Down payment | $3,342 |
|---|---|
| Loan amount | $93,770 |
| Principal and interest | $631 |
| Property taxes (0.71% a year) | $56 |
| Homeowners insurance (our estimate, 0.5% a year) | $40 |
| FHA mortgage insurance | $42 |
| Total per month | $769 |
Change the numbers in the calculator
Questions about home buying in Spottsville
What is the median home value in Spottsville?
About $95,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Spottsville?
Homeowners pay a median $674 a year, which is about 0.71% 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 Spottsville?
For the median home with 20% down at 7.11%, the payment is about $610 a month. Keeping that under 28% of gross income takes about $26,154 a year.
More about Spottsville
- Mortgage Refinance in Spottsville
- Debt Relief in Spottsville
- Home Equity Loans in Spottsville
- 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