Estimate your Kentucky property tax based on the state's 0.80% average effective rate. Enter your home value for an instant, free calculation.
Enter any tax exemption amount you qualify for in Kentucky
Kentucky has a relatively low effective property tax rate of 0.80%, ranking 31st nationally. The combination of low rates and affordable home values makes Kentucky one of the more affordable states for homeowners in terms of property tax burden.
Kentucky assesses real property at 100% of fair cash value. The state levies a small statewide property tax, while counties, cities, and school districts add their own levies on top. Total rates vary significantly by location.
| Home Value | Estimated Annual Tax | Monthly (Escrow) |
|---|---|---|
| $250,000 | $2,000 | $166/mo |
| $188,800 (median) | $1,510 | $125/mo |
| $600,000 | $4,800 | $400/mo |
Kentucky offers a homestead exemption for homeowners 65+ or totally disabled that exempts $46,350 of assessed value (2024 figure, adjusted periodically). This can result in meaningful savings for qualifying homeowners.
Kentucky property tax bills are sent in the fall. Taxes paid between November 1 and November 30 receive a 2% discount. Full amount due by December 31, with penalties after January 1.
Jefferson County (Louisville) and Fayette County (Lexington) have the highest rates reflecting urban services. Eastern Kentucky coal country counties often have among the lowest rates in the state.