Kentucky

Property Tax Rates & Rules

0.85%

Effective Rate

$1,700

Median Annual Tax

$200k

Median Home Value

Available

Homestead Exempt

Full Tax Details

Avg Effective Rate0.85%

Median Home Value$200,000

Median Annual Tax$1,700

Assessment Ratio100%

Homestead ExemptionYes

Senior ExemptionYes

Highest Rate CountyCampbell

Lowest Rate CountyMorgan

Payment ScheduleDue by Dec 31; 2% discount for payment in November.

Assessment Method

Fair cash value assessment; state real property rate adjusted annually (HB 44).

Homestead Exemption Details

Exemption applies to primary residence of qualifying homeowners ($46,350 for 2025-26).

Senior Exemption Details

Homestead exemption available to homeowners 65+; amount adjusted biennially for inflation.

How to Appeal Your Assessment

Conference with PVA (Assessor) in May; then appeal to Board of Assessment Appeals.

Official Source

Kentucky Tax Authority

Last verified: 2026-03-31 · Always confirm current rates before making real estate decisions.