The typical owner-occupied home in Saint Mary is worth about $157,100, 24% below the Kentucky median of $205,600 and 53% below the national median of $332,700. Owners pay a median $1,196 a year in property taxes, about 0.76% of their home's value, close to the Kentucky rate of 0.75%. The median household earns $47,500 a year, so the median home costs 3.3 times the median income (3.2 times for Kentucky). 100% of occupied homes here are lived in by their owners, and 48% of those owners still have a mortgage.
Saint Mary at a glance
| Saint Mary | Kentucky | U.S. | |
|---|---|---|---|
| Median home value | $157,100 | $205,600 | $332,700 |
| Median property tax paid per year | $1,196 | $1,544 | $3,119 |
| Property tax as a share of value | 0.76% | 0.75% | 0.94% |
| Median household income | $47,500 | $63,726 | $80,734 |
| Homes lived in by their owners | 100% | 68% | 65% |
| Owner homes with a mortgage | 48% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $1,106 | $1,433 | $1,963 |
| Those costs as a share of the owners' income | 21.3% | 18.8% | 21.0% |
| Median rent | – | $967 | $1,413 |
| Median year homes were built | 1975 | 1982 | 1980 |
| Vacant homes | 15.8% | 10.3% | 10.1% |
| Population | 147 | 4,534,824 | 334,922,499 |
What a typical home costs per month in Saint Mary
At this week's average 30-year rate of 7.11%, buying the median Saint Mary home of $157,100 with 20% down costs about $1,010 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,272, 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 $43,304 for the 20%-down payment. That payment is 26% of the median Saint Mary household income of $47,500; at that income and 20% down, the 28% guideline points to a home of about $172,000.
| Down payment | $31,420 |
|---|---|
| Loan amount | $125,680 |
| Principal and interest | $845 |
| Property taxes (0.76% a year) | $100 |
| Homeowners insurance (our estimate, 0.5% a year) | $65 |
| PMI | $0 |
| Total per month | $1,010 |
Change the numbers in the calculator
| Down payment | $5,498 |
|---|---|
| Loan amount | $154,255 |
| Principal and interest | $1,038 |
| Property taxes (0.76% a year) | $100 |
| Homeowners insurance (our estimate, 0.5% a year) | $65 |
| FHA mortgage insurance | $69 |
| Total per month | $1,272 |
Change the numbers in the calculator
Questions about home buying in Saint Mary
What is the median home value in Saint Mary?
About $157,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Saint Mary?
Homeowners pay a median $1,196 a year, which is about 0.76% 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 Saint Mary?
For the median home with 20% down at 7.11%, the payment is about $1,010 a month. Keeping that under 28% of gross income takes about $43,304 a year.
More about Saint Mary
- Mortgage Refinance in Saint Mary
- Debt Relief in Saint Mary
- Home Equity Loans in Saint Mary
- 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