What is the effective property tax rate in Kentucky for 2026?

Kentucky's average effective property tax rate is about 0.78% of home value. That figure is the statewide average ratio of property tax actually paid to market value, so your local bill can be higher or lower depending on your county, city, and school district rates.

How much is property tax on a $400,000 home in Kentucky?

Applying the $49,100 homestead exemption, a $400,000 home has a taxable value of $350,900. At 0.78%, the estimated tax is about $2,737 per year, or roughly $228 per month. Without the exemption it would be about $3,120.

How is this Kentucky property tax estimate calculated?

The tool multiplies your home's value (after any homestead exemption) by Kentucky's 0.78% effective rate: annual tax = taxable value × 0.78%. Monthly escrow is the annual figure divided by 12.

Does Kentucky have a homestead exemption?

Yes. Kentucky's homestead exemption removes $49,100 of assessed value (2025–2026 amount) for owners who are 65 or older or totally disabled. This estimator subtracts $49,100 from your value when you mark the property as your primary residence.

Kentucky Property Tax Estimator (2026)

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Kentucky property tax averages about 0.78% of a home’s value each year. This estimator applies that statewide effective rate to your home value to project an annual and monthly property tax bill for Kentucky in 2026.

How it works

Kentucky’s average effective property tax rate is 0.78% — the statewide ratio of property tax actually paid to market value. The estimate applies that rate to your home’s value after any homestead exemption:

taxable value = home value - homestead exemption
annual tax    = taxable value x 0.78%
monthly tax   = annual tax / 12

The tool can also subtract Kentucky’s homestead exemption of $49,100 from the value before applying the rate. Kentucky’s homestead exemption removes $49,100 of assessed value (2025–2026 amount) for owners who are 65 or older or totally disabled.

Example

Take a $400,000 home in Kentucky. Applying the $49,100 homestead exemption first gives a taxable value of $350,900, so the estimated annual tax is $350,900 × 0.78% = about $2,737 ($228 per month).

Notes

This is an estimate only and not financial or tax advice. It uses Kentucky’s 0.78% statewide average effective rate; your actual bill depends on local county, city, and school-district millage, assessment ratios, assessment caps, and any local exemptions or credits. For an exact figure, confirm with the Kentucky Department of Revenue and your county PVA.