Taylor County, Kentucky Property Taxes
Census Bureau ACS property tax data for Kentucky. Population: 6,787.
The median annual property tax in Taylor County is $1,174, which is 7% higher than the Kentucky state average and 39% below the national average. The effective tax rate is 0.72% on a median home value of $163,700. Property taxes represent 1.9% of the median household income in this county.
Median Annual Tax
$1,174
+7% vs State
-39% vs US
Median Home Value
$163,700
+9% vs State
-23% vs US
Effective Tax Rate
0.72%
+0% vs State
-24% vs US
With vs Without Mortgage
With Mortgage
$1,208
$101/mo
Without Mortgage
$1,136
$95/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 | $1,174 +5.6% | 0.72% |
| 2022 | $1,112 +10.3% | 0.71% |
| 2021 | $1,008 +4.8% | 0.80% |
| 2020 | $962 +4.7% | 0.78% |
| 2019 | $919 | 0.76% |
Tax Burden
Tax-to-Income Ratio
1.9%
of median household income
Median Income
$61,871
per year
Monthly Tax
$98
per month
Other Counties in Kentucky
Washington County
Tax: $1,205/yr Rate: 0.72%
Magoffin County
Tax: $643/yr Rate: 0.73%
Wayne County
Tax: $703/yr Rate: 0.58%
Madison County
Tax: $1,631/yr Rate: 0.74%
Larue County
Tax: $1,118/yr Rate: 0.63%
Franklin County
Tax: $1,672/yr Rate: 0.84%
Frequently Asked Questions
What is the average property tax in Taylor County, Kentucky? ▼
The median annual property tax in Taylor County is $1,174 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.72% on a median home value of $163,700.
How does Taylor County property tax compare to the national average? ▼
Property taxes in Taylor County are 39% below the national average of $1,923. The effective rate of 0.72% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Taylor County? ▼
In Taylor County, homeowners with a mortgage pay a median of $1,208 in annual property taxes, while homeowners without a mortgage pay $1,136. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Taylor County? ▼
Property taxes in Taylor County represent approximately 1.9% of the median household income of $61,871. 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.