Bourbon County, Kentucky Property Taxes
Census Bureau ACS property tax data for Kentucky. Population: 5,269.
The median annual property tax in Bourbon County is $1,563, which is 43% higher than the Kentucky state average and 19% below the national average. The effective tax rate is 0.74% on a median home value of $211,600. Property taxes represent 2.8% of the median household income in this county.
Median Annual Tax
$1,563
+43% vs State
-19% vs US
Median Home Value
$211,600
+41% vs State
+0% vs US
Effective Tax Rate
0.74%
+3% vs State
-22% vs US
With vs Without Mortgage
With Mortgage
$1,753
$146/mo
Without Mortgage
$1,285
$107/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $1,563 +3.1% | 0.74% |
| 2022 | $1,516 +7.8% | 0.81% |
| 2021 | $1,406 +5.4% | 0.87% |
| 2020 | $1,334 +3.6% | 0.86% |
| 2019 | $1,288 | 0.88% |
Tax Burden
Tax-to-Income Ratio
2.8%
of median household income
Median Income
$56,322
per year
Monthly Tax
$130
per month
Other Counties in Kentucky
Metcalfe County
Tax: $743/yr Rate: 0.72%
Washington County
Tax: $1,205/yr Rate: 0.72%
Green County
Tax: $752/yr Rate: 0.63%
Trigg County
Tax: $1,065/yr Rate: 0.55%
Knox County
Tax: $803/yr Rate: 0.74%
Bullitt County
Tax: $1,994/yr Rate: 0.85%
Frequently Asked Questions
What is the average property tax in Bourbon County, Kentucky? ▼
The median annual property tax in Bourbon County is $1,563 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.74% on a median home value of $211,600.
How does Bourbon County property tax compare to the national average? ▼
Property taxes in Bourbon County are 19% below the national average of $1,923. The effective rate of 0.74% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Bourbon County? ▼
In Bourbon County, homeowners with a mortgage pay a median of $1,753 in annual property taxes, while homeowners without a mortgage pay $1,285. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Bourbon County? ▼
Property taxes in Bourbon County represent approximately 2.8% of the median household income of $56,322. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.