Webster County Property Taxes
The median property tax rate in Webster County is 1.13%, which is higher than both the national median of 0.99% and the Kentucky state median of 1.02%. With the median home value in Webster County, the typical annual property tax bill is $344, significantly lower than the national median of $2,690. Property taxes in Webster County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions, such as those for primary residences and agricultural properties. Understanding Webster County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide substantial annual savings. Whether you live in Dixon or another part of Webster County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Webster County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.13%
Estimate Property Tax Bill
$520
-$5,448
Ownwell’s Webster County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Webster County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Webster 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 Webster County, Kentucky
Property taxes in Webster County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Webster County is 1.13%, which is higher than the U.S. national median of 0.99%. Local government entities within Webster County set these rates annually, and they can vary significantly between different areas within the county. Each year, Webster 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 Webster County's effective property tax rate with other counties in Kentucky and the national median. For comparison, the city of Clay has one of the higher property tax rates in Kentucky at 1.13%, while the city of Providence boasts one of the lowest at 1.07%. Analyzing how Webster County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Webster County Tax Rate
1.13%
Average Kentucky Tax Rate
1.02%
Average United States Tax Rate
0.99%
Property Tax Rates Across Webster County, Kentucky
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Clay | 0.54% | 1.13% | 1.13% | 1.13% | 1.13% |
Corydon | 1.13% | 1.13% | 1.13% | 1.13% | 1.13% |
Dixon | 0.49% | 0.89% | 1.13% | 1.13% | 1.13% |
Morganfield | 0.59% | 1.13% | 1.13% | 1.13% | 1.13% |
Nebo | 0.82% | 1.13% | 1.13% | 1.13% | 1.13% |
Poole | 1.13% | 1.13% | 1.13% | 1.13% | 1.13% |
Providence | 0.46% | 1.06% | 1.06% | 1.07% | 1.13% |
Robards | 0.42% | 0.65% | 1.13% | 1.13% | 1.13% |
Sebree | 0.47% | 1.13% | 1.13% | 1.13% | 1.13% |
Slaughters | 0.45% | 0.83% | 1.13% | 1.13% | 1.13% |
Wheatcroft | 0.62% | 1.13% | 1.13% | 1.13% | 1.13% |
Source: Ownwell
Property Tax Assessment Values Across Webster County, Kentucky
In Webster 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 Webster 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 Webster 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. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Poole has the highest median tax bill at $786, while Wheatcroft has the lowest at $157. Being aware of these valuation processes in Webster County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Webster County Assessed Value
$46,000
Average Kentucky Assessed Value
$110,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Webster County, Kentucky
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Clay | $4,000 | $12,900 | $40,000 | $83,200 | $135,800 |
Corydon | $10,500 | $16,750 | $29,100 | $51,000 | $74,760 |
Dixon | $7,500 | $21,675 | $59,500 | $112,200 | $184,780 |
Morganfield | $5,410 | $24,375 | $54,250 | $142,450 | $200,200 |
Nebo | $2,550 | $6,000 | $35,700 | $149,000 | $176,480 |
Poole | $69,600 | $69,600 | $69,600 | $69,600 | $69,600 |
Providence | $2,500 | $8,000 | $26,800 | $66,600 | $111,820 |
Robards | $38,720 | $65,200 | $96,000 | $137,828 | $159,420 |
Sebree | $7,500 | $19,300 | $54,800 | $97,400 | $165,160 |
Slaughters | $12,360 | $42,250 | $80,000 | $131,050 | $200,320 |
Wheatcroft | $1,600 | $5,188 | $19,950 | $40,375 | $59,810 |
Source: Ownwell
Property Tax Bills Across Webster County, Kentucky
In Webster County, KY, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The median home price in the county is $46,000. Once the home's value is assessed, the tax rate is applied to determine the tax bill. Factors such as location within the county can influence the tax amount, with the highest median tax bill being $786 in Poole and the lowest median tax bill at $157 in Wheatcroft. Homeowners in Webster County can expect varying tax bills depending on their property's assessed value and location. The 25th percentile tax bill is around $124, while the 75th percentile tax bill reaches $799. For those in the 90th percentile, tax bills can be as high as $1,524. Compared to the national median property tax rate of 0.99%, Webster County's rates can be considerably lower, offering some financial relief to homeowners. Understanding these factors helps homeowners anticipate their annual property tax obligations and manage their finances accordingly.
Average Webster County Tax Bill
$344
Average Kentucky Tax Bill
$1,031
Average United States Tax Bill
$2,690
Property Tax Bills Across Webster County, Kentucky
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Clay | $41 | $113 | $339 | $738 | $1,365 |
Corydon | $90 | $162 | $310 | $536 | $844 |
Dixon | $65 | $198 | $480 | $1,034 | $1,916 |
Morganfield | $61 | $250 | $506 | $1,521 | $1,982 |
Nebo | $29 | $68 | $403 | $1,278 | $1,918 |
Poole | $786 | $786 | $786 | $786 | $786 |
Providence | $25 | $65 | $217 | $554 | $999 |
Robards | $207 | $434 | $690 | $1,251 | $1,800 |
Sebree | $68 | $169 | $438 | $903 | $1,738 |
Slaughters | $103 | $291 | $642 | $1,317 | $1,994 |
Wheatcroft | $18 | $48 | $157 | $370 | $575 |
Source: Ownwell
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