What is the property tax rate in Kentucky?

Kentucky has an effective property tax rate of 0.77%, ranking it #29 out of 50 states. The median homeowner pays $1,472 per year.

How are property taxes calculated in Kentucky?

Property taxes in Kentucky are calculated by multiplying the assessed value of your property by the local tax rate (millage rate). The effective rate shown here (0.77%) represents the median taxes paid as a percentage of median home value across the state.

Which county in Kentucky has the lowest property taxes?

Among Kentucky's 120 counties, Woodford County has one of the lowest effective property tax rates.

Does Kentucky have a homestead exemption?

Yes, Kentucky offers several property tax exemptions including: General Homestead, Disabled Veteran. See the exemptions section above for details.

Kentucky Property Tax Rate

2023 Data · 120 Counties

0.77%effective rate

Kentucky has an effective property tax rate of 0.77%, ranking it #29 among all 50 states. The median homeowner in Kentucky pays $1,472 per year in property taxes on a home valued at $192,300. This rate is 19% lower than the national average of 0.95%.

Effective Tax Rate📊

0.77%

#29 of 50 states

Median Tax Paid🏠

$1,472

Per year

Median Home Value💰

$192,300

2023 estimate

Total Counties📍

120

Population: 4,510,725

Property Tax Rates by County in Kentucky

Rank ▲	County	Effective Rate	Median Tax	Median Value
#1	Campbell County	1.06%	$2,495	$234,500
#2	Kenton County	1.00%	$2,284	$227,500
#3	Harlan County	0.99%	$722	$73,100
#4	Boyd County	0.98%	$1,233	$126,300
#5	Webster County	0.98%	$961	$97,600
#6	Bracken County	0.94%	$1,093	$116,400
#7	Greenup County	0.94%	$1,273	$135,300
#8	Letcher County	0.93%	$657	$70,500
#9	Oldham County	0.92%	$3,454	$375,000
#10	Boone County	0.90%	$2,273	$253,200
#11	Fayette County	0.89%	$2,425	$272,100
#12	Henderson County	0.88%	$1,455	$165,700
#13	Daviess County	0.86%	$1,595	$185,800
#14	Boyle County	0.85%	$1,712	$200,700
#15	Bullitt County	0.85%	$1,994	$233,700
#16	Carlisle County	0.85%	$887	$104,700
#17	Jefferson County	0.85%	$2,023	$237,200
#18	Lee County	0.85%	$696	$82,100
#19	Breathitt County	0.84%	$521	$61,800
#20	Franklin County	0.84%	$1,672	$198,700

How Kentucky Compares

Kentucky

0.77%

National Average

0.95%

Neighboring States

Calculate Your Property Tax in Kentucky

Property Tax Calculator

Estimate your annual property tax based on your location and home value

State

County

Home Value

$50k$2M

Apply homestead exemption ($100,000 reduction)

Estimated Annual Property Tax

$2,310

$193/month · Rate: 0.77%

Home Value

$300,000

Taxable Value

$300,000

Effective Rate

0.77%

Kentucky Property Tax Exemptions

✓

General Homestead

$46,350 of assessed value (adjusted biennially)

Homeowners age 65+ or totally disabled

✓

Disabled Veteran

$46,350 of assessed value (same as homestead; adjusted biennially)

Totally disabled veterans

Nearby States

Illinois

2.07%

Indiana

0.74%

Missouri

0.88%

Ohio

1.36%

Tennessee

0.55%

Virginia

0.74%

West Virginia

0.54%

Frequently Asked Questions

Data Source: U.S. Census Bureau, 2023 American Community Survey 5-Year Estimates. Effective tax rates are calculated by dividing median real estate taxes paid by median home value.