La Center, Ballard County, Kentucky Property Taxes
Median LA CENTER, KY effective property tax rate: 1.03%, slightly higher than the national median of 1.02%, but lower than the Kentucky state median of 1.02%. Median LA CENTER, KY home value: $45,000. Median annual LA CENTER, KY tax bill: $412, $1,988 lower than the national median property tax bill of $2,400.
How are property taxes in Ballard calculated?
Property taxes in LA CENTER, KY are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding LA CENTER’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in LA CENTER, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
La Center, Ballard County, Kentucky Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.03%
Estimate Property Tax Bill
$464
$430
Property Tax Rates Across La Center, Ballard County, Kentucky
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective La Center Tax Rate
1.03%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Ballard County Tax Rate
1.03%
Median Effective Kentucky Tax Rate
1.02%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across La Center, Ballard County, Kentucky
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 42056 | 0.53% | 1.03% | 1.03% | 1.03% | 1.04% |
Source: Ownwell
Property Tax Assessment Values Across La Center, Ballard County, Kentucky
When examining property taxes in LA CENTER, KY, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Ballard County Appraisal District estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Ballard County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in LA CENTER. For example, the median home price in LA CENTER is $45,000, with tax bills ranging significantly across the county. 42056 has the highest median home price at $45,000.
Property Tax Assessment Values Across La Center, Ballard County, Kentucky
Source: Ownwell
$45,000
$53,750
$62,500
Median La Center Market Value
$45,000
Median Ballard County Market Value
$52,000
Median Kentucky Market Value
$110,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across La Center, Ballard County, Kentucky
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 42056 | $5,125 | $15,000 | $45,000 | $98,000 | $164,497 |
Source: Ownwell
Property Tax Bills Across La Center, Ballard County, Kentucky
In LA Center, located in Ballard County, Kentucky, property tax bills are calculated based on the assessed value of a homeowner's property. This assessed value is determined by the local tax assessor, who evaluates various factors such as the property's size, location, and condition. The resulting tax bill can vary significantly, with the 25th percentile paying around $123 and the 75th percentile reaching up to $967 annually. Comparatively, the national median property tax bill stands at $2400, demonstrating a more affordable range in this region. However, for those in the 90th percentile, tax bills can climb as high as $1595.
Homeowners in LA Center can benefit from consulting services that specialize in property tax appeals and exemptions. Ownwell offers expertise to help homeowners potentially reduce their tax burden. By analyzing property assessments and identifying discrepancies or opportunities for exemptions, Ownwell can assist in lowering tax bills, ensuring homeowners pay only what is fair. This service can be particularly valuable for those facing higher tax obligations.
Median La Center Tax Bill
$412
Median Ballard County Tax Bill
$421
Median Kentucky Tax Bill
$1,031
Median United States Tax Bill
$2,400
Property Tax Bills Across La Center, Ballard County, Kentucky
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 42056 | $51 | $123 | $412 | $967 | $1,595 |
Source: Ownwell