Leslie County Property Taxes
The median property tax rate in Leslie County is 1.40%, which is significantly higher than both the national median of 0.99% and Kentucky's state median of 1.02%. With the median home value in Leslie County, the typical annual property tax bill reaches $267, which is well below the national median of $2,690. Property taxes in Leslie County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Leslie County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Hyden or another part of Leslie County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Leslie County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.4%
Estimate Property Tax Bill
$396
-$4,152
Ownwell’s Leslie County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Leslie County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Leslie County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Leslie County, Kentucky
Property taxes in Leslie County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Leslie County is 1.40%, which is higher than both the Kentucky state median and the U.S. national median of 0.99%. Local government entities within Leslie County set these rates annually, and they can vary significantly between different areas within the county. Each year, Leslie County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Leslie County's effective property tax rate with other counties in Kentucky and the national median. For comparison, the city of Asher has one of the higher property tax rates in Kentucky at 1.40%, while the city of Cutshin boasts one of the lowest at 0.75%. Analyzing how Leslie County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Leslie County Tax Rate
1.40%
Average Kentucky Tax Rate
1.02%
Average United States Tax Rate
0.99%
Property Tax Rates Across Leslie County, Kentucky
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Asher | 0.91% | 1.40% | 1.40% | 1.40% | 1.40% |
Bear Branch | 0.82% | 1.40% | 1.40% | 1.40% | 1.40% |
Big Creek | N/A | N/A | N/A | N/A | N/A |
Big Laurel | N/A | N/A | N/A | N/A | N/A |
Bledsoe | N/A | N/A | N/A | N/A | N/A |
Busy | 0.14% | 0.96% | 1.40% | 1.40% | 1.40% |
Chappell | N/A | N/A | N/A | N/A | N/A |
Cinda | N/A | N/A | N/A | N/A | N/A |
Confluence | N/A | N/A | N/A | N/A | N/A |
Cutshin | 0.23% | 0.43% | 0.75% | 1.08% | 1.27% |
Essie | 0.32% | 1.20% | 1.40% | 1.40% | 1.40% |
Helton | 0.29% | 1.16% | 1.40% | 1.40% | 1.40% |
Hoskinston | 0.53% | 1.40% | 1.40% | 1.40% | 1.40% |
Hyden | 0.52% | 1.28% | 1.40% | 1.40% | 1.40% |
Krypton | N/A | N/A | N/A | N/A | N/A |
Mozelle | 0.18% | 1.23% | 1.40% | 1.40% | 1.40% |
Oneida | 0.39% | 0.65% | 1.09% | 1.40% | 1.40% |
Roark | 0.24% | 0.95% | 1.40% | 1.40% | 1.40% |
Sizerock | 0.16% | 1.02% | 1.40% | 1.40% | 1.40% |
Smilax | 0.18% | 0.71% | 1.40% | 1.40% | 1.40% |
Stinnett | 0.28% | 1.11% | 1.40% | 1.40% | 1.40% |
Thousandsticks | 0.27% | 1.25% | 1.40% | 1.40% | 1.40% |
Warbranch | 0.40% | 1.40% | 1.40% | 1.40% | 1.40% |
Wendover | 0.58% | 1.05% | 1.40% | 1.40% | 1.40% |
Wooton | 0.37% | 1.14% | 1.40% | 1.40% | 1.40% |
Yeaddiss | 0.16% | 1.10% | 1.40% | 1.40% | 1.40% |
Source: Ownwell
Property Tax Assessment Values Across Leslie County, Kentucky
In Leslie County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Leslie County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Leslie County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. The highest median tax bill in Leslie County is found in Oneida at $465, while Hoskinston has the lowest at $185. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Leslie County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Leslie County Assessed Value
$28,300
Average Kentucky Assessed Value
$110,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Leslie County, Kentucky
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Asher | $1,860 | $10,000 | $27,800 | $60,000 | $81,160 |
Bear Branch | $1,010 | $5,100 | $20,500 | $38,500 | $52,400 |
Big Creek | N/A | N/A | N/A | N/A | N/A |
Big Laurel | N/A | N/A | N/A | N/A | N/A |
Bledsoe | N/A | N/A | N/A | N/A | N/A |
Busy | $3,405 | $10,625 | $27,400 | $37,750 | $66,225 |
Chappell | N/A | N/A | N/A | N/A | N/A |
Cinda | N/A | N/A | N/A | N/A | N/A |
Confluence | N/A | N/A | N/A | N/A | N/A |
Cutshin | $17,070 | $29,175 | $36,300 | $40,025 | $46,010 |
Essie | $2,100 | $7,500 | $31,500 | $55,950 | $84,400 |
Helton | $3,500 | $7,875 | $24,250 | $42,750 | $63,960 |
Hoskinston | $2,465 | $6,100 | $25,000 | $40,750 | $57,000 |
Hyden | $2,800 | $9,000 | $31,500 | $52,000 | $85,000 |
Krypton | N/A | N/A | N/A | N/A | N/A |
Mozelle | $2,908 | $9,800 | $23,000 | $39,500 | $55,180 |
Oneida | $13,750 | $31,100 | $61,500 | $84,875 | $98,360 |
Roark | $1,300 | $8,500 | $30,500 | $52,350 | $85,800 |
Sizerock | $2,975 | $13,219 | $31,500 | $52,250 | $75,900 |
Smilax | $3,500 | $12,000 | $34,000 | $53,000 | $80,000 |
Stinnett | $3,360 | $10,400 | $31,500 | $50,375 | $75,520 |
Thousandsticks | $1,700 | $8,750 | $28,000 | $46,200 | $63,360 |
Warbranch | $3,080 | $7,200 | $20,000 | $41,500 | $56,000 |
Wendover | $2,000 | $5,900 | $20,000 | $41,600 | $75,770 |
Wooton | $2,380 | $10,000 | $27,000 | $46,000 | $74,000 |
Yeaddiss | $2,611 | $9,500 | $27,000 | $43,350 | $62,860 |
Source: Ownwell
Property Tax Bills Across Leslie County, Kentucky
In Leslie County, KY, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. For example, the median home price in Leslie County is $28,300, which is considerably lower than the national median. This lower home value results in relatively modest property tax bills compared to the national average property tax rate of 0.99%. Homeowners in Leslie County experience a range of tax bills. The 25th percentile tax bill is $91, while the 75th percentile tax bill is $587, and the 90th percentile tax bill reaches $1,024. The highest median tax bill in the county is found in Oneida at $465, whereas Hoskinston has the lowest at $185. These variations demonstrate how different factors, such as location and home value, influence the tax burden on homeowners. Understanding these factors helps homeowners anticipate their annual property tax obligations.
Average Leslie County Tax Bill
$267
Average Kentucky Tax Bill
$1,031
Average United States Tax Bill
$2,690
Property Tax Bills Across Leslie County, Kentucky
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Asher | $52 | $195 | $355 | $752 | $1,194 |
Bear Branch | $25 | $70 | $225 | $536 | $670 |
Big Creek | N/A | N/A | N/A | N/A | N/A |
Big Laurel | N/A | N/A | N/A | N/A | N/A |
Bledsoe | N/A | N/A | N/A | N/A | N/A |
Busy | $11 | $63 | $211 | $443 | $692 |
Chappell | N/A | N/A | N/A | N/A | N/A |
Cinda | N/A | N/A | N/A | N/A | N/A |
Confluence | N/A | N/A | N/A | N/A | N/A |
Cutshin | $59 | $70 | $89 | $108 | $119 |
Essie | $37 | $85 | $260 | $702 | $1,188 |
Helton | $35 | $74 | $221 | $528 | $806 |
Hoskinston | $17 | $56 | $185 | $491 | $758 |
Hyden | $42 | $105 | $332 | $695 | $1,172 |
Krypton | N/A | N/A | N/A | N/A | N/A |
Mozelle | $25 | $70 | $192 | $421 | $664 |
Oneida | $127 | $276 | $465 | $858 | $1,070 |
Roark | $63 | $96 | $261 | $560 | $1,151 |
Sizerock | $17 | $79 | $293 | $518 | $858 |
Smilax | $42 | $94 | $281 | $558 | $1,061 |
Stinnett | $41 | $98 | $274 | $632 | $987 |
Thousandsticks | $33 | $82 | $216 | $634 | $868 |
Warbranch | $44 | $81 | $211 | $442 | $671 |
Wendover | $33 | $66 | $218 | $499 | $702 |
Wooton | $35 | $105 | $281 | $597 | $1,033 |
Yeaddiss | $20 | $70 | $209 | $528 | $842 |
Source: Ownwell