The typical owner-occupied home in Edmonton is worth about $104,000, 49% below the Kentucky median of $205,600 and 69% below the national median of $332,700. Owners pay a median $748 a year in property taxes, about 0.72% of their home's value, close to the Kentucky rate of 0.75%. The median household earns $51,272 a year, so the median home costs 2.0 times the median income (3.2 times for Kentucky). 53% of occupied homes here are lived in by their owners, and 24% of those owners still have a mortgage.
Edmonton at a glance
| Edmonton | Kentucky | U.S. | |
|---|---|---|---|
| Median home value | $104,000 | $205,600 | $332,700 |
| Median property tax paid per year | $748 | $1,544 | $3,119 |
| Property tax as a share of value | 0.72% | 0.75% | 0.94% |
| Median household income | $51,272 | $63,726 | $80,734 |
| Homes lived in by their owners | 53% | 68% | 65% |
| Owner homes with a mortgage | 24% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $959 | $1,433 | $1,963 |
| Those costs as a share of the owners' income | 14.4% | 18.8% | 21.0% |
| Median rent | $625 | $967 | $1,413 |
| Rent as a share of renters' income | 17.6% | 28.1% | 30.6% |
| Median year homes were built | 1979 | 1982 | 1980 |
| Vacant homes | 9.6% | 10.3% | 10.1% |
| Population | 2,330 | 4,534,824 | 334,922,499 |
What a typical home costs per month in Edmonton
At this week's average 30-year rate of 7.11%, buying the median Edmonton home of $104,000 with 20% down costs about $665 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $839, 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 $28,518 for the 20%-down payment. That payment is 16% of the median Edmonton household income of $51,272; at that income and 20% down, the 28% guideline points to a home of about $187,000.
The median rent here is $625 a month, so owning the median home costs about $40 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $20,800 |
|---|---|
| Loan amount | $83,200 |
| Principal and interest | $560 |
| Property taxes (0.72% a year) | $62 |
| Homeowners insurance (our estimate, 0.5% a year) | $43 |
| PMI | $0 |
| Total per month | $665 |
Change the numbers in the calculator
| Down payment | $3,640 |
|---|---|
| Loan amount | $102,116 |
| Principal and interest | $687 |
| Property taxes (0.72% a year) | $62 |
| Homeowners insurance (our estimate, 0.5% a year) | $43 |
| FHA mortgage insurance | $46 |
| Total per month | $839 |
Change the numbers in the calculator
Questions about home buying in Edmonton
What is the median home value in Edmonton?
About $104,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Edmonton?
Homeowners pay a median $748 a year, which is about 0.72% 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 Edmonton?
For the median home with 20% down at 7.11%, the payment is about $665 a month. Keeping that under 28% of gross income takes about $28,518 a year.
More about Edmonton
- Mortgage Refinance in Edmonton
- Debt Relief in Edmonton
- Home Equity Loans in Edmonton
- 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