The typical owner-occupied home in Guthrie is worth about $134,200, 35% below the Kentucky median of $205,600 and 60% below the national median of $332,700. Owners pay a median $777 a year in property taxes, about 0.58% of their home's value, lower than the Kentucky rate of 0.75%. The median household earns $35,952 a year, so the median home costs 3.7 times the median income (3.2 times for Kentucky). 55% of occupied homes here are lived in by their owners, and 59% of those owners still have a mortgage.
Guthrie at a glance
| Guthrie | Kentucky | U.S. | |
|---|---|---|---|
| Median home value | $134,200 | $205,600 | $332,700 |
| Median property tax paid per year | $777 | $1,544 | $3,119 |
| Property tax as a share of value | 0.58% | 0.75% | 0.94% |
| Median household income | $35,952 | $63,726 | $80,734 |
| Homes lived in by their owners | 55% | 68% | 65% |
| Owner homes with a mortgage | 59% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $1,387 | $1,433 | $1,963 |
| Those costs as a share of the owners' income | 14.5% | 18.8% | 21.0% |
| Median rent | $909 | $967 | $1,413 |
| Rent as a share of renters' income | 37.7% | 28.1% | 30.6% |
| Median year homes were built | 1974 | 1982 | 1980 |
| Vacant homes | 8.1% | 10.3% | 10.1% |
| Population | 1,559 | 4,534,824 | 334,922,499 |
What a typical home costs per month in Guthrie
At this week's average 30-year rate of 7.11%, buying the median Guthrie home of $134,200 with 20% down costs about $843 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,067, 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 $36,129 for the 20%-down payment. That payment is 28% of the median Guthrie household income of $35,952; at that income and 20% down, the 28% guideline points to a home of about $134,000.
The median rent here is $909 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $26,840 |
|---|---|
| Loan amount | $107,360 |
| Principal and interest | $722 |
| Property taxes (0.58% a year) | $65 |
| Homeowners insurance (our estimate, 0.5% a year) | $56 |
| PMI | $0 |
| Total per month | $843 |
Change the numbers in the calculator
| Down payment | $4,697 |
|---|---|
| Loan amount | $131,769 |
| Principal and interest | $886 |
| Property taxes (0.58% a year) | $65 |
| Homeowners insurance (our estimate, 0.5% a year) | $56 |
| FHA mortgage insurance | $59 |
| Total per month | $1,067 |
Change the numbers in the calculator
Questions about home buying in Guthrie
What is the median home value in Guthrie?
About $134,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Guthrie?
Homeowners pay a median $777 a year, which is about 0.58% 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 Guthrie?
For the median home with 20% down at 7.11%, the payment is about $843 a month. Keeping that under 28% of gross income takes about $36,129 a year.
More about Guthrie
- Mortgage Refinance in Guthrie
- Debt Relief in Guthrie
- Home Equity Loans in Guthrie
- 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