Nicholas County Property Tax Rate

Kentucky

0.59%effective rate

Nicholas County, Kentucky has an effective property tax rate of 0.59%, which is 36% lower than the national average of 0.92%. On a home valued at $123,000, homeowners pay approximately $729 per year in property taxes. Nicholas County ranks #100 out of 120 counties in Kentucky for property tax rates.

Median Tax Paid🏠

$729

Per year

Median Home Value📊

$123,000

2024 estimate

Tax as % of Income💰

1.22%

Median income: $59,531

State Rank📍

#100

of 120 counties in KY

Tax Breakdown

With Mortgage

$1,046

median annual tax

Without Mortgage

$411

median annual tax

Homeowners with a mortgage in Nicholas County pay on average $635 more per year than those without. This difference often reflects how property tax escrow accounts in mortgaged homes capture the full tax obligation.

How Nicholas County Compares

Nicholas County
0.59%
Kentucky Average
0.75%
National Average
0.92%

Top Counties in Kentucky

Campbell
1.01%
Harlan
0.99%
Kenton
0.98%
Letcher
0.96%
Bracken
0.92%
Henderson
0.90%
Oldham
0.90%
Union
0.89%

Kentucky Property Tax Exemptions

Available to Nicholas County homeowners

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

Property Tax Calculator

Estimate your annual property tax in Nicholas County

$
$50k$2M

Estimated Annual Property Tax

$1,770

$148/month · Rate: 0.59%

Quick Facts

Population7,708
Owner-Occupied62%
National Rank#2293 of 3,135
Median Income$59,531

Think your property tax is too high?

Homeowners save an average of $1,148/year by appealing their assessment.

Learn How to Appeal →

Frequently Asked Questions

Data Source: U.S. Census Bureau, 2024 American Community Survey 5-Year Estimates. Effective tax rates are calculated by dividing median real estate taxes paid by median home value. Actual property tax rates may vary based on local taxing jurisdictions, exemptions, and assessment practices. This information is for general reference only and should not be used as a substitute for professional tax advice.