The typical owner-occupied home in Earlington is worth about $64,000, 69% below the Kentucky median of $205,600 and 81% below the national median of $332,700. Owners pay a median $400 a year in property taxes, about 0.62% of their home's value, lower than the Kentucky rate of 0.75%. The median household earns $38,194 a year, so the median home costs 1.7 times the median income (3.2 times for Kentucky). 70% of occupied homes here are lived in by their owners, and 38% of those owners still have a mortgage.
Earlington at a glance
| Earlington | Kentucky | U.S. | |
|---|---|---|---|
| Median home value | $64,000 | $205,600 | $332,700 |
| Median property tax paid per year | $400 | $1,544 | $3,119 |
| Property tax as a share of value | 0.62% | 0.75% | 0.94% |
| Median household income | $38,194 | $63,726 | $80,734 |
| Homes lived in by their owners | 70% | 68% | 65% |
| Owner homes with a mortgage | 38% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $844 | $1,433 | $1,963 |
| Those costs as a share of the owners' income | 21.3% | 18.8% | 21.0% |
| Median rent | $680 | $967 | $1,413 |
| Rent as a share of renters' income | 36.9% | 28.1% | 30.6% |
| Median year homes were built | 1952 | 1982 | 1980 |
| Vacant homes | 30.4% | 10.3% | 10.1% |
| Population | 1,084 | 4,534,824 | 334,922,499 |
What a typical home costs per month in Earlington
At this week's average 30-year rate of 7.11%, buying the median Earlington home of $64,000 with 20% down costs about $404 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $511, 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 $17,321 for the 20%-down payment. That payment is 13% of the median Earlington household income of $38,194; at that income and 20% down, the 28% guideline points to a home of about $141,000.
The median rent here is $680 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $12,800 |
|---|---|
| Loan amount | $51,200 |
| Principal and interest | $344 |
| Property taxes (0.62% a year) | $33 |
| Homeowners insurance (our estimate, 0.5% a year) | $27 |
| PMI | $0 |
| Total per month | $404 |
Change the numbers in the calculator
| Down payment | $2,240 |
|---|---|
| Loan amount | $62,841 |
| Principal and interest | $423 |
| Property taxes (0.62% a year) | $33 |
| Homeowners insurance (our estimate, 0.5% a year) | $27 |
| FHA mortgage insurance | $28 |
| Total per month | $511 |
Change the numbers in the calculator
Questions about home buying in Earlington
What is the median home value in Earlington?
About $64,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Earlington?
Homeowners pay a median $400 a year, which is about 0.62% 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 Earlington?
For the median home with 20% down at 7.11%, the payment is about $404 a month. Keeping that under 28% of gross income takes about $17,321 a year.
More about Earlington
- Mortgage Refinance in Earlington
- Debt Relief in Earlington
- Home Equity Loans in Earlington
- 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