What is the property tax rate in Louisville?

Louisville (Jefferson County) has an effective property tax rate of roughly 0.91% of assessed value. The actual bill blends state, county, school district, and metro levies, so your exact rate may vary slightly by district and tax year.

How is my home assessed in Kentucky?

Kentucky assesses real property at 100% of fair market value as determined by the county PVA (Property Valuation Administrator). Unlike some states, there is no fractional assessment ratio, so taxable value starts at full market value before exemptions.

What is the Kentucky homestead exemption?

Homeowners who are 65 or older, or who are totally disabled, can subtract a state-set homestead exemption from their assessed value. The exemption is adjusted periodically; this tool uses a representative recent amount of about $46,350.

Are school taxes included?

Yes. The composite Louisville rate folds in the Jefferson County Public Schools levy along with state, county, and metro rates. School taxes are typically the largest single component of a Kentucky property tax bill.

Is this estimate exact?

No. It is a planning estimate using a blended effective rate. Your real bill depends on your specific taxing districts, special assessments, and the current year's certified rates. Check your Jefferson County PVA notice for exact figures.

Louisville Property Tax Estimator

This estimator approximates the annual property tax on a Louisville home. Louisville sits in Jefferson County, where the effective property tax rate is about 0.91% of assessed value. Kentucky assesses real property at 100% of fair market value, and qualifying owners can apply the state homestead exemption.

How it works

The taxable value is the assessed value minus any homestead exemption, then multiplied by the effective rate:

taxable value = assessed value − homestead exemption
annual tax     = taxable value × 0.0091

Kentucky uses full-value assessment, so there is no separate fractional assessment ratio to apply. The homestead exemption — about $46,350 for qualifying 65+ or disabled owners — reduces the taxable base directly.

Example and notes

A $250,000 Louisville home with no exemption owes roughly $250,000 × 0.0091 = $2,275 per year. A qualifying senior subtracting the $46,350 exemption is taxed on $203,650, owing about $1,853. The 0.91% figure is a blended effective rate covering state, county, metro, and school levies; your certified district rates and any special assessments will shift the exact bill.