The typical owner-occupied home in Blaine is worth about $252,800, 23% above the Kentucky median of $205,600 and 24% below the national median of $332,700. The median household earns $42,188 a year, so the median home costs 6.0 times the median income (3.2 times for Kentucky). 74% of occupied homes here are lived in by their owners, and 29% of those owners still have a mortgage.
Blaine at a glance
| Blaine | Kentucky | U.S. | |
|---|---|---|---|
| Median home value | $252,800 | $205,600 | $332,700 |
| Median property tax paid per year | – | $1,544 | $3,119 |
| Median household income | $42,188 | $63,726 | $80,734 |
| Homes lived in by their owners | 74% | 68% | 65% |
| Owner homes with a mortgage | 29% | 56% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,433 | $1,963 |
| Median rent | $733 | $967 | $1,413 |
| Rent as a share of renters' income | 32.5% | 28.1% | 30.6% |
| Median year homes were built | 1979 | 1982 | 1980 |
| Vacant homes | 25.8% | 10.3% | 10.1% |
| Population | 80 | 4,534,824 | 334,922,499 |
What a typical home costs per month in Blaine
At this week's average 30-year rate of 7.11%, buying the median Blaine home of $252,800 with 20% down costs about $1,698 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,119, 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 $72,752 for the 20%-down payment. That payment is 48% of the median Blaine household income of $42,188; at that income and 20% down, the 28% guideline points to a home of about $147,000.
The median rent here is $733 a month, so owning the median home costs about $965 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $50,560 |
|---|---|
| Loan amount | $202,240 |
| Principal and interest | $1,360 |
| Property taxes (1.10% a year) | $232 |
| Homeowners insurance (our estimate, 0.5% a year) | $105 |
| PMI | $0 |
| Total per month | $1,698 |
Change the numbers in the calculator
| Down payment | $8,848 |
|---|---|
| Loan amount | $248,221 |
| Principal and interest | $1,670 |
| Property taxes (1.10% a year) | $232 |
| Homeowners insurance (our estimate, 0.5% a year) | $105 |
| FHA mortgage insurance | $112 |
| Total per month | $2,119 |
Change the numbers in the calculator
Questions about home buying in Blaine
What is the median home value in Blaine?
About $252,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Blaine?
For the median home with 20% down at 7.11%, the payment is about $1,698 a month. Keeping that under 28% of gross income takes about $72,752 a year.
More about Blaine
- Mortgage Refinance in Blaine
- Debt Relief in Blaine
- Home Equity Loans in Blaine
- 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