Simpson County, Kentucky Property Taxes
Census Bureau ACS property tax data for Kentucky. Population: 5,097.
The median annual property tax in Simpson County is $1,246, which is 14% higher than the Kentucky state average and 35% below the national average. The effective tax rate is 0.64% on a median home value of $195,700. Property taxes represent 2.2% of the median household income in this county.
Median Annual Tax
$1,246
+14% vs State
-35% vs US
Median Home Value
$195,700
+30% vs State
-8% vs US
Effective Tax Rate
0.64%
-11% vs State
-33% vs US
With vs Without Mortgage
With Mortgage
$1,368
$114/mo
Without Mortgage
$1,104
$92/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 | $1,246 +3.7% | 0.64% |
| 2022 | $1,201 +8.2% | 0.67% |
| 2021 | $1,110 +5.9% | 0.72% |
| 2020 | $1,048 +6.9% | 0.74% |
| 2019 | $980 | 0.72% |
Tax Burden
Tax-to-Income Ratio
2.2%
of median household income
Median Income
$57,392
per year
Monthly Tax
$104
per month
Other Counties in Kentucky
McCreary County
Tax: $565/yr Rate: 0.73%
Boyd County
Tax: $1,233/yr Rate: 0.98%
Allen County
Tax: $972/yr Rate: 0.55%
Robertson County
Tax: $828/yr Rate: 0.67%
Hancock County
Tax: $935/yr Rate: 0.68%
Woodford County
Tax: $2,003/yr Rate: 0.74%
Frequently Asked Questions
What is the average property tax in Simpson County, Kentucky? ▼
The median annual property tax in Simpson County is $1,246 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.64% on a median home value of $195,700.
How does Simpson County property tax compare to the national average? ▼
Property taxes in Simpson County are 35% below the national average of $1,923. The effective rate of 0.64% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Simpson County? ▼
In Simpson County, homeowners with a mortgage pay a median of $1,368 in annual property taxes, while homeowners without a mortgage pay $1,104. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Simpson County? ▼
Property taxes in Simpson County represent approximately 2.2% of the median household income of $57,392. 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.