The typical owner-occupied home in Pewee Valley is worth about $545,500, 2.7 times the Kentucky median of $205,600 and 64% above the national median of $332,700. Owners pay a median $4,835 a year in property taxes, about 0.89% of their home's value, higher than the Kentucky rate of 0.75%. The median household earns $156,979 a year, so the median home costs 3.5 times the median income (3.2 times for Kentucky). 98% of occupied homes here are lived in by their owners, and 63% of those owners still have a mortgage.
Pewee Valley at a glance
| Pewee Valley | Kentucky | U.S. | |
|---|---|---|---|
| Median home value | $545,500 | $205,600 | $332,700 |
| Median property tax paid per year | $4,835 | $1,544 | $3,119 |
| Property tax as a share of value | 0.89% | 0.75% | 0.94% |
| Median household income | $156,979 | $63,726 | $80,734 |
| Homes lived in by their owners | 98% | 68% | 65% |
| Owner homes with a mortgage | 63% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $3,029 | $1,433 | $1,963 |
| Those costs as a share of the owners' income | 20.3% | 18.8% | 21.0% |
| Median rent | – | $967 | $1,413 |
| Median year homes were built | 1978 | 1982 | 1980 |
| Vacant homes | 3.9% | 10.3% | 10.1% |
| Population | 1,483 | 4,534,824 | 334,922,499 |
What a typical home costs per month in Pewee Valley
At this week's average 30-year rate of 7.11%, buying the median Pewee Valley home of $545,500 with 20% down costs about $3,568 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $4,476, 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 $152,895 for the 20%-down payment. That payment is 27% of the median Pewee Valley household income of $156,979; at that income and 20% down, the 28% guideline points to a home of about $560,000.
| Down payment | $109,100 |
|---|---|
| Loan amount | $436,400 |
| Principal and interest | $2,936 |
| Property taxes (0.89% a year) | $405 |
| Homeowners insurance (our estimate, 0.5% a year) | $227 |
| PMI | $0 |
| Total per month | $3,568 |
Change the numbers in the calculator
| Down payment | $19,092 |
|---|---|
| Loan amount | $535,620 |
| Principal and interest | $3,603 |
| Property taxes (0.89% a year) | $405 |
| Homeowners insurance (our estimate, 0.5% a year) | $227 |
| FHA mortgage insurance | $241 |
| Total per month | $4,476 |
Change the numbers in the calculator
Questions about home buying in Pewee Valley
What is the median home value in Pewee Valley?
About $545,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Pewee Valley?
Homeowners pay a median $4,835 a year, which is about 0.89% 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 Pewee Valley?
For the median home with 20% down at 7.11%, the payment is about $3,568 a month. Keeping that under 28% of gross income takes about $152,895 a year.
More about Pewee Valley
- Mortgage Refinance in Pewee Valley
- Debt Relief in Pewee Valley
- Home Equity Loans in Pewee Valley
- 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