The typical owner-occupied home in Jamestown is worth about $121,800, 41% below the Kentucky median of $205,600 and 63% below the national median of $332,700. The median household earns $20,541 a year, so the median home costs 5.9 times the median income (3.2 times for Kentucky). 43% of occupied homes here are lived in by their owners, and 33% of those owners still have a mortgage.
Jamestown at a glance
| Jamestown | Kentucky | U.S. | |
|---|---|---|---|
| Median home value | $121,800 | $205,600 | $332,700 |
| Median property tax paid per year | – | $1,544 | $3,119 |
| Median household income | $20,541 | $63,726 | $80,734 |
| Homes lived in by their owners | 43% | 68% | 65% |
| Owner homes with a mortgage | 33% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $1,314 | $1,433 | $1,963 |
| Those costs as a share of the owners' income | 18.6% | 18.8% | 21.0% |
| Median rent | $504 | $967 | $1,413 |
| Rent as a share of renters' income | 33.6% | 28.1% | 30.6% |
| Median year homes were built | 1983 | 1982 | 1980 |
| Vacant homes | 14.9% | 10.3% | 10.1% |
| Population | 1,739 | 4,534,824 | 334,922,499 |
What a typical home costs per month in Jamestown
At this week's average 30-year rate of 7.11%, buying the median Jamestown home of $121,800 with 20% down costs about $818 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,021, 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 $35,052 for the 20%-down payment. That payment is 48% of the median Jamestown household income of $20,541; at that income and 20% down, the 28% guideline points to a home of about $71,000.
The median rent here is $504 a month, so owning the median home costs about $314 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $24,360 |
|---|---|
| Loan amount | $97,440 |
| Principal and interest | $655 |
| Property taxes (1.10% a year) | $112 |
| Homeowners insurance (our estimate, 0.5% a year) | $51 |
| PMI | $0 |
| Total per month | $818 |
Change the numbers in the calculator
| Down payment | $4,263 |
|---|---|
| Loan amount | $119,594 |
| Principal and interest | $805 |
| Property taxes (1.10% a year) | $112 |
| Homeowners insurance (our estimate, 0.5% a year) | $51 |
| FHA mortgage insurance | $54 |
| Total per month | $1,021 |
Change the numbers in the calculator
Questions about home buying in Jamestown
What is the median home value in Jamestown?
About $121,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Jamestown?
For the median home with 20% down at 7.11%, the payment is about $818 a month. Keeping that under 28% of gross income takes about $35,052 a year.
More about Jamestown
- Mortgage Refinance in Jamestown
- Debt Relief in Jamestown
- Home Equity Loans in Jamestown
- 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