Estill County, Kentucky Property Taxes

Name: Property Tax Bills Across Estill County, Kentucky
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Estill County effective property tax rate: 1.07%, slightly higher than the national median of 1.02%.
Median Estill County home value: $35,000
Median annual Estill County tax bill: $279, $2,121 lower than the national median property tax bill of $2,400.

How are property taxes in Estill County calculated?

Property taxes in Estill County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Irvine or another part of Estill County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Estill County, Kentucky Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.07%

Estimate Property Tax Bill

$375

$348

Ownwell’s Estill County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Estill County with just two data points. By entering your property's estimated assessed value, our calculator applies Estill County’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Estill County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Estill County, Kentucky

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget annually to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Estill County's effective property tax rate to other counties in Kentucky or the U.S. median property tax rate.

Property Tax Rates Across Estill County, Kentucky

Source: Ownwell

1.07%

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 Estill County Tax Rate

1.07%

Median Effective Kentucky Tax Rate

1.02%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Estill County, Kentucky

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Clay City	0.12%	1.07%	1.07%	1.07%	1.07%
Irvine	0.52%	1.07%	1.07%	1.07%	1.07%
Mc Kee	0.31%	1.07%	1.07%	1.07%	1.08%
Ravenna	0.50%	1.07%	1.07%	1.07%	1.08%
Stanton	0.68%	1.07%	1.07%	1.07%	1.08%
Berea	N/A	N/A	N/A	N/A	N/A
Waco	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Estill County, Kentucky

When examining property taxes in Estill County, 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 Estill County Property Valuation Administrator 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.

Assessment notices: In Estill 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 Estill County.

For example, the median tax bill in Estill County is $403, with tax bills ranging significantly across the county. Clay City has the highest median home price at $45,000.

Property Tax Assessment Values Across Estill County, Kentucky

Source: Ownwell

$10,000

$27,500

$45,000

Median Estill County Market Value

$35,000

Median Kentucky Market Value

$110,000

Median United States Market Value

$235,294

Property Tax Assessment Values Across Estill County, Kentucky

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Clay City	$5,000	$14,500	$45,000	$101,000	$170,500
Irvine	$2,670	$9,000	$35,000	$80,000	$140,000
Mc Kee	$3,000	$5,000	$24,000	$57,500	$115,000
Ravenna	$2,500	$7,500	$30,000	$60,000	$100,000
Stanton	$1,500	$3,000	$10,000	$67,375	$111,870
Berea	N/A	N/A	N/A	N/A	N/A
Waco	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Estill County, Kentucky

Property tax bills in Estill County, KY, are determined by assessing the value of a property and applying the local tax rate to this assessed value. The median home price in Estill County is $35,000, significantly lower than the national median. This lower property value contributes to the county's relatively modest property tax bills. For instance, the tax bill at the 25th percentile is $75, while at the 75th percentile, it is $741. At the 90th percentile, homeowners might see a tax bill of $1,428. These figures reflect the variability in property values and tax liabilities across the county. In comparison, the highest median tax bill in the area is found in Clay City at $403, while Ravenna has the lowest median tax bill at $247. These tax bills can significantly impact homeowners, as they are an ongoing cost of property ownership. Estill County's property tax bills are generally lower than the national median property tax bill of $2,400, offering some financial relief to its residents.

Property Tax Bills Across Estill County, Kentucky

Source: Ownwell

$71

$237

$403

Median Estill County Tax Bill

$279

Median Kentucky Tax Bill

$1,031

Median United States Tax Bill

$2,400

Property Tax Bills Across Estill County, Kentucky

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Clay City	$19	$54	$403	$1,117	$1,796
Irvine	$24	$81	$301	$782	$1,477
Mc Kee	$12	$38	$71	$437	$1,251
Ravenna	$21	$64	$247	$551	$1,053
Stanton	$16	$32	$86	$655	$956
Berea	N/A	N/A	N/A	N/A	N/A
Waco	N/A	N/A	N/A	N/A	N/A

Source: Ownwell