The typical owner-occupied home in Beechmont is worth about $162,900, 21% below the Kentucky median of $205,600 and 51% below the national median of $332,700. Owners pay a median $747 a year in property taxes, about 0.46% of their home's value, lower than the Kentucky rate of 0.75%. The median household earns $52,240 a year, so the median home costs 3.1 times the median income (3.2 times for Kentucky). 83% of occupied homes here are lived in by their owners, and 35% of those owners still have a mortgage.
Beechmont at a glance
| Beechmont | Kentucky | U.S. | |
|---|---|---|---|
| Median home value | $162,900 | $205,600 | $332,700 |
| Median property tax paid per year | $747 | $1,544 | $3,119 |
| Property tax as a share of value | 0.46% | 0.75% | 0.94% |
| Median household income | $52,240 | $63,726 | $80,734 |
| Homes lived in by their owners | 83% | 68% | 65% |
| Owner homes with a mortgage | 35% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $1,048 | $1,433 | $1,963 |
| Those costs as a share of the owners' income | 21.0% | 18.8% | 21.0% |
| Median rent | – | $967 | $1,413 |
| Median year homes were built | 1975 | 1982 | 1980 |
| Vacant homes | 19.8% | 10.3% | 10.1% |
| Population | 771 | 4,534,824 | 334,922,499 |
What a typical home costs per month in Beechmont
At this week's average 30-year rate of 7.11%, buying the median Beechmont home of $162,900 with 20% down costs about $1,007 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,278, 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 $43,157 for the 20%-down payment. That payment is 23% of the median Beechmont household income of $52,240; at that income and 20% down, the 28% guideline points to a home of about $197,000.
| Down payment | $32,580 |
|---|---|
| Loan amount | $130,320 |
| Principal and interest | $877 |
| Property taxes (0.46% a year) | $62 |
| Homeowners insurance (our estimate, 0.5% a year) | $68 |
| PMI | $0 |
| Total per month | $1,007 |
Change the numbers in the calculator
| Down payment | $5,702 |
|---|---|
| Loan amount | $159,949 |
| Principal and interest | $1,076 |
| Property taxes (0.46% a year) | $62 |
| Homeowners insurance (our estimate, 0.5% a year) | $68 |
| FHA mortgage insurance | $72 |
| Total per month | $1,278 |
Change the numbers in the calculator
Questions about home buying in Beechmont
What is the median home value in Beechmont?
About $162,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Beechmont?
Homeowners pay a median $747 a year, which is about 0.46% 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 Beechmont?
For the median home with 20% down at 7.11%, the payment is about $1,007 a month. Keeping that under 28% of gross income takes about $43,157 a year.
More about Beechmont
- Mortgage Refinance in Beechmont
- Debt Relief in Beechmont
- Home Equity Loans in Beechmont
- 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