Edmonson County, Kentucky Property Taxes
The median property tax rate in Edmonson County is 0.91%, which is lower than both the national median of 0.99% and the Kentucky state median of 1.02%. With the median home value in Edmonson County being $80,500, the typical annual property tax bill is $643, significantly below the national median of $2,690. Property taxes in Edmonson 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 Edmonson 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 Brownsville or another part of Edmonson County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Edmonson County, Kentucky Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.91%
Estimate Property Tax Bill
$733
$680
Ownwell’s Edmonson County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Edmonson County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Edmonson 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 Edmonson County, Kentucky
Property taxes in Edmonson County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Edmonson County is 0.91%, which is lower than the U.S. national median of 0.99%. Local government entities within Edmonson County set these rates annually, and they can vary significantly between different areas within the county. Each year, Edmonson 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 Edmonson County's effective property tax rate with other counties in Kentucky and the national median. For comparison, the city of Caneyville has one of the higher property tax rates in Kentucky at 0.93%, while the city of Leitchfield boasts one of the lowest at 0.91%. Analyzing how Edmonson County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Edmonson County Tax Rate
0.91%
Average Kentucky Tax Rate
1.02%
Average United States Tax Rate
0.99%
Property Tax Rates Across Edmonson County, Kentucky
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bee Spring | 0.30% | 0.89% | 0.91% | 0.94% | 1.00% |
| Bowling Green | 0.25% | 0.57% | 0.91% | 0.94% | 1.03% |
| Brownsville | 0.27% | 0.61% | 0.92% | 0.95% | 1.01% |
| Caneyville | 0.41% | 0.63% | 0.93% | 0.97% | 1.00% |
| Cub Run | 0.43% | 0.90% | 0.93% | 0.99% | 1.08% |
| Leitchfield | 0.77% | 0.90% | 0.91% | 0.91% | 0.94% |
| Mammoth Cave | 0.36% | 0.90% | 0.92% | 0.95% | 1.04% |
| Park City | 0.39% | 0.67% | 0.92% | 0.94% | 1.03% |
| Rocky Hill | 0.12% | 0.45% | 0.92% | 0.95% | 1.01% |
| Roundhill | 0.24% | 0.59% | 0.92% | 0.99% | 1.10% |
| Smiths Grove | 0.49% | 0.73% | 0.91% | 0.93% | 0.98% |
| Sweeden | 0.15% | 0.49% | 0.92% | 0.96% | 1.02% |
Source: Ownwell
Property Tax Assessment Values Across Edmonson County, Kentucky
In Edmonson 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 Edmonson 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 Edmonson 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. Being aware of these valuation processes in Edmonson County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. Leitchfield has the highest median tax bill at $1,682, while Roundhill has the lowest at $384.
Property Tax Assessment Values Across Edmonson County, Kentucky
Source: Ownwell
$52,550
$126,025
$199,500
Average Edmonson County Assessed Value
$80,500
Average Kentucky Assessed Value
$110,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Edmonson County, Kentucky
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bee Spring | $22,000 | $46,375 | $86,000 | $166,688 | $279,090 |
| Bowling Green | $18,195 | $37,588 | $76,500 | $115,000 | $160,000 |
| Brownsville | $19,535 | $39,000 | $72,000 | $115,000 | $165,330 |
| Caneyville | $26,750 | $52,850 | $85,000 | $130,000 | $216,400 |
| Cub Run | $17,000 | $29,000 | $62,000 | $116,500 | $215,000 |
| Leitchfield | $60,000 | $122,500 | $199,500 | $286,500 | $367,190 |
| Mammoth Cave | $18,170 | $38,000 | $75,000 | $150,000 | $243,800 |
| Park City | $25,000 | $48,500 | $84,000 | $130,000 | $169,960 |
| Rocky Hill | $26,050 | $36,250 | $60,000 | $99,750 | $136,960 |
| Roundhill | $15,200 | $30,000 | $52,550 | $95,000 | $132,140 |
| Smiths Grove | $30,000 | $62,000 | $110,000 | $165,000 | $230,000 |
| Sweeden | $18,200 | $31,319 | $60,000 | $98,762 | $160,000 |
Source: Ownwell
Property Tax Bills Across Edmonson County, Kentucky
In Edmonson County, KY, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local property tax rate, which varies within the county. For instance, the city of Leitchfield has the highest median tax bill at $1,682, while Roundhill has the lowest at $384. Homeowners in Edmonson County can expect their tax bills to fall within a broad range. The 25th percentile tax bill is $289, indicating that a quarter of the homeowners pay less than this amount annually. On the higher end, the 75th percentile tax bill is $1,236, and the 90th percentile reaches up to $1,995. Given that the national median property tax rate is 0.99%, Edmonson County offers relatively affordable property taxes. These tax bills directly impact homeowners by contributing to local services and infrastructure, thereby influencing the overall cost of homeownership in the area.
Average Edmonson County Tax Bill
$643
Average Kentucky Tax Bill
$1,031
Average United States Tax Bill
$2,690
Property Tax Bills Across Edmonson County, Kentucky
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bee Spring | $107 | $298 | $689 | $1,414 | $2,522 |
| Bowling Green | $57 | $226 | $563 | $984 | $1,394 |
| Brownsville | $88 | $253 | $554 | $943 | $1,449 |
| Caneyville | $90 | $387 | $712 | $1,102 | $2,011 |
| Cub Run | $128 | $235 | $450 | $1,057 | $1,935 |
| Leitchfield | $507 | $979 | $1,682 | $2,586 | $3,199 |
| Mammoth Cave | $119 | $280 | $616 | $1,280 | $2,129 |
| Park City | $139 | $314 | $700 | $1,125 | $1,548 |
| Rocky Hill | $62 | $173 | $441 | $892 | $1,253 |
| Roundhill | $90 | $197 | $384 | $778 | $1,063 |
| Smiths Grove | $214 | $432 | $878 | $1,432 | $2,000 |
| Sweeden | $30 | $192 | $433 | $818 | $1,350 |
Source: Ownwell