Wayne County, Kentucky Property Taxes
Census Bureau ACS property tax data for Kentucky. Population: 5,779.
The median annual property tax in Wayne County is $703, which is 36% lower than the Kentucky state average and 63% below the national average. The effective tax rate is 0.58% on a median home value of $121,700. Property taxes represent 1.7% of the median household income in this county.
Median Annual Tax
$703
-36% vs State
-63% vs US
Median Home Value
$121,700
-19% vs State
-42% vs US
Effective Tax Rate
0.58%
-19% vs State
-39% vs US
With vs Without Mortgage
With Mortgage
$975
$81/mo
Without Mortgage
$508
$42/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 | $703 +5.7% | 0.58% |
| 2022 | $665 +5.6% | 0.59% |
| 2021 | $630 +3.1% | 0.64% |
| 2020 | $611 -0.2% | 0.68% |
| 2019 | $612 | 0.69% |
Tax Burden
Tax-to-Income Ratio
1.7%
of median household income
Median Income
$41,933
per year
Monthly Tax
$59
per month
Other Counties in Kentucky
Laurel County
Tax: $845/yr Rate: 0.59%
McCracken County
Tax: $1,342/yr Rate: 0.73%
Union County
Tax: $858/yr Rate: 0.79%
Hardin County
Tax: $1,451/yr Rate: 0.70%
Jefferson County
Tax: $2,023/yr Rate: 0.85%
Edmonson County
Tax: $795/yr Rate: 0.58%
Frequently Asked Questions
What is the average property tax in Wayne County, Kentucky? ▼
The median annual property tax in Wayne County is $703 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.58% on a median home value of $121,700.
How does Wayne County property tax compare to the national average? ▼
Property taxes in Wayne County are 63% below the national average of $1,923. The effective rate of 0.58% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Wayne County? ▼
In Wayne County, homeowners with a mortgage pay a median of $975 in annual property taxes, while homeowners without a mortgage pay $508. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Wayne County? ▼
Property taxes in Wayne County represent approximately 1.7% of the median household income of $41,933. 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.