Hopkinsville, KY mortgage & affordability calculator
The typical home in Hopkinsville, KY is worth about $185,000.
With 20% down that's a loan near $148,000 — the calculator
is pre-filled with that figure. Fort Campbell, home to the Army's 101st Airborne Division, straddles the Kentucky-Tennessee line just south of Hopkinsville, and the base's soldiers and their families drive much of the local rental and starter-home market.
$960.91 / month
Total interest
$197,927
Total paid
$345,927
Payoff
30.0 years
How much you need to earn
Hopkinsville, KY's median household income is about
$54,000 a year. Under standard 28/36
lending rules that supports a home price around
$185,688 with 20% down —
comfortably above the $185,000 typical price.
Typical asking rent in Hopkinsville, KY is about $950 a month, so owning the median home costs roughly
$306 more per month before tax
effects, maintenance, and any change in home value.
Frequently asked questions
What is a typical mortgage payment in Hopkinsville, KY?
On the metro's roughly $185,000 typical home with 20% down, the loan is about $148,000. Principal and interest run near $961 a month at today's rate, and Hopkinsville, KY's property tax plus insurance add about $295, for a full payment near $1,256.
Can I afford a home in Hopkinsville, KY on the median income?
The median household income is about $54,000 a year. Under standard 28/36 lending rules that supports a home price around $185,688 with 20% down — above the $185,000 typical price, so a median home is within reach.
Is it cheaper to rent or buy in Hopkinsville, KY?
Typical asking rent is about $950 a month. The full owner payment on a median home is near $1,256, so owning costs roughly $306 more per month before tax effects, maintenance, and any appreciation.
How much are property taxes in Hopkinsville, KY?
The effective property tax rate in the core county is about 0.83% of market value — roughly $1,536 a year on the typical home. Your exact rate depends on the municipality and any exemptions.
Are home prices in Hopkinsville, KY rising or falling?
Home values are up about 2% over the past year. Fort Campbell, home to the Army's 101st Airborne Division, straddles the Kentucky-Tennessee line just south of Hopkinsville, and the base's soldiers and their families drive much of the local rental and starter-home market.