Trigg County, Kentucky Property Taxes

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

Median Trigg County effective property tax rate: 0.95%, significantly lower than the national median of 1.02%.
Median Trigg County home value: $8,400
Median annual Trigg County tax bill: $78, $2,322 lower than the national median property tax bill of $2,400.

How are property taxes in Trigg County calculated?

Property taxes in Trigg 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 Cadiz or another part of Trigg County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Trigg County, Kentucky Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.95%

Estimate Property Tax Bill

$80

$74

Ownwell’s Trigg County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Trigg County with just two data points.

By entering your property's estimated assessed value, our calculator applies Trigg 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 Trigg County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Trigg County, Kentucky

Local government entities set tax rates, which can vary widely within a state. This variation is due to each county's annual estimation of its required budget to provide essential services. This budget is then divided by the total value of all taxable property within the county's jurisdiction, resulting in the property tax rate.

While votes and laws play a role in setting tax rates and budgets, this is the fundamental process followed annually. In Trigg County, Kentucky, the effective property tax rate is slightly below the national median property tax rate of 1.02%. This positions Trigg County as an attractive option for property owners seeking lower tax rates compared to the national average. Within the state, Princeton holds the highest median tax rate at 0.98%, while Gracey shares the same 0.95% rate as Trigg County. These figures highlight the variation in property tax rates across different regions. Property owners in Trigg County can take advantage of the relatively lower tax burden, making it a potentially favorable location for investment and homeownership.

Property Tax Rates Across Trigg County, Kentucky

Source: Ownwell

0.95%

0.96%

0.98%

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 Trigg County Tax Rate

0.95%

Median Effective Kentucky Tax Rate

1.02%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Trigg County, Kentucky

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Gracey	0.17%	0.43%	0.95%	0.96%	1.07%
Herndon	0.26%	0.95%	0.95%	1.00%	1.15%
Princeton	0.12%	0.84%	0.98%	1.01%	1.07%
Cadiz	N/A	N/A	N/A	N/A	N/A
Cerulean	N/A	N/A	N/A	N/A	N/A
Eddyville	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Trigg County, Kentucky

When examining property taxes in Trigg 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, influenced by factors such as location, property condition, and economic trends. The Trigg 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. 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 Trigg County are sent in the spring each year, typically reaching your mailbox by the middle of April. Each property owner receives an assessment notice containing both the market value and assessed value, along with an estimate of your property tax bill. This helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Trigg County. For example, the median tax bill in Trigg County is $212, with tax bills ranging significantly across the county. Princeton has the highest median home price at $50,000.

Property Tax Assessment Values Across Trigg County, Kentucky

Source: Ownwell

$39,750

$44,875

$50,000

Median Trigg County Market Value

$8,400

Median Kentucky Market Value

$110,000

Median United States Market Value

$235,294

Property Tax Assessment Values Across Trigg County, Kentucky

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Gracey	$1,300	$5,500	$40,000	$71,503	$157,552
Herndon	$1,290	$7,000	$39,750	$65,000	$111,190
Princeton	$5,288	$36,250	$50,000	$89,500	$134,200
Cadiz	N/A	N/A	N/A	N/A	N/A
Cerulean	N/A	N/A	N/A	N/A	N/A
Eddyville	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Trigg County, Kentucky

In Trigg County, KY, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. The median property tax bill in Trigg County is significantly lower than the national median property tax bill of $2,400, reflecting the region's lower property values. With a median home price of $8,400, homeowners in Trigg County pay a median property tax bill of $212.21. However, there is variation within the county, as seen in cities like Princeton, where the highest median tax bill is $364, and Gracey, where the lowest median tax bill is $185. These differences can affect homeowners' financial planning and budgeting, as property taxes are a significant component of homeownership costs. Homeowners in Trigg County benefit from relatively low property tax rates, which can make homeownership more affordable compared to other regions with higher tax rates.

Property Tax Bills Across Trigg County, Kentucky

Source: Ownwell

$185

$275

$364

Median Trigg County Tax Bill

$78

Median Kentucky Tax Bill

$1,031

Median United States Tax Bill

$2,400

Property Tax Bills Across Trigg County, Kentucky

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Gracey	$30	$59	$185	$580	$1,113
Herndon	$28	$44	$221	$596	$1,015
Princeton	$30	$86	$364	$868	$1,257
Cadiz	N/A	N/A	N/A	N/A	N/A
Cerulean	N/A	N/A	N/A	N/A	N/A
Eddyville	N/A	N/A	N/A	N/A	N/A

Source: Ownwell