The typical owner-occupied home in Salyersville is worth about $77,400, 62% below the Kentucky median of $205,600 and 77% below the national median of $332,700. Owners pay a median $875 a year in property taxes, about 1.13% of their home's value, higher than the Kentucky rate of 0.75%. The median household earns $20,580 a year, so the median home costs 3.8 times the median income (3.2 times for Kentucky). 52% of occupied homes here are lived in by their owners, and 28% of those owners still have a mortgage.
Salyersville at a glance
| Salyersville | Kentucky | U.S. | |
|---|---|---|---|
| Median home value | $77,400 | $205,600 | $332,700 |
| Median property tax paid per year | $875 | $1,544 | $3,119 |
| Property tax as a share of value | 1.13% | 0.75% | 0.94% |
| Median household income | $20,580 | $63,726 | $80,734 |
| Homes lived in by their owners | 52% | 68% | 65% |
| Owner homes with a mortgage | 28% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $1,051 | $1,433 | $1,963 |
| Those costs as a share of the owners' income | 14.7% | 18.8% | 21.0% |
| Median rent | $693 | $967 | $1,413 |
| Rent as a share of renters' income | 34.5% | 28.1% | 30.6% |
| Median year homes were built | 1983 | 1982 | 1980 |
| Vacant homes | 13.2% | 10.3% | 10.1% |
| Population | 1,708 | 4,534,824 | 334,922,499 |
What a typical home costs per month in Salyersville
At this week's average 30-year rate of 7.11%, buying the median Salyersville home of $77,400 with 20% down costs about $522 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $651, 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 $22,358 for the 20%-down payment. That payment is 30% of the median Salyersville household income of $20,580; at that income and 20% down, the 28% guideline points to a home of about $71,000.
The median rent here is $693 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $15,480 |
|---|---|
| Loan amount | $61,920 |
| Principal and interest | $417 |
| Property taxes (1.13% a year) | $73 |
| Homeowners insurance (our estimate, 0.5% a year) | $32 |
| PMI | $0 |
| Total per month | $522 |
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| Down payment | $2,709 |
|---|---|
| Loan amount | $75,998 |
| Principal and interest | $511 |
| Property taxes (1.13% a year) | $73 |
| Homeowners insurance (our estimate, 0.5% a year) | $32 |
| FHA mortgage insurance | $34 |
| Total per month | $651 |
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Questions about home buying in Salyersville
What is the median home value in Salyersville?
About $77,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Salyersville?
Homeowners pay a median $875 a year, which is about 1.13% 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 Salyersville?
For the median home with 20% down at 7.11%, the payment is about $522 a month. Keeping that under 28% of gross income takes about $22,358 a year.
More about Salyersville
- Mortgage Refinance in Salyersville
- Debt Relief in Salyersville
- Home Equity Loans in Salyersville
- 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