Trimble County, Kentucky Property Taxes

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

Median Trimble County effective property tax rate: 1.13%, slightly higher than the national median of 1.02%.
Median Trimble County home value: $85,000
Median annual Trimble County tax bill: $844, $1,556 lower than the national median property tax bill of $2,400.

How are property taxes in Trimble County calculated?

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

Last Updated March 1, 2025

Trimble County, Kentucky Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.13%

Estimate Property Tax Bill

$960

$891

Ownwell’s Trimble County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Trimble County with just two data points. By entering your property's estimated assessed value, our calculator applies Trimble 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 Trimble County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Trimble County, Kentucky

Local government entities determine tax rates, which can differ significantly within a state. This variation occurs because each county annually estimates its budget requirements for providing services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process.

Below, you can compare Trimble County's effective property tax rate to other counties in Kentucky or the U.S. median property tax rate. Trimble County boasts a median property tax rate of 1.13%, which is higher than the national median property tax rate of 1.02%. This rate reflects the county's commitment to maintaining essential services and infrastructure. In comparison, the city of Pendleton has the highest median tax rate in the county at 1.13%, while Bedford shares the same rate as the lowest. Understanding these rates can help property owners make informed decisions about their investments and potential tax savings.

Property Tax Rates Across Trimble County, Kentucky

Source: Ownwell

1.13%

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 Trimble County Tax Rate

1.13%

Median Effective Kentucky Tax Rate

1.02%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Trimble County, Kentucky

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Bedford	0.53%	1.13%	1.13%	1.13%	1.15%
Campbellsburg	0.59%	1.13%	1.13%	1.13%	1.13%
Milton	0.54%	1.13%	1.13%	1.13%	1.13%
Pendleton	0.56%	0.86%	1.13%	1.15%	1.15%
Sulphur	N/A	N/A	N/A	N/A	N/A
Turners Station	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Trimble County, Kentucky

When examining property taxes in Trimble 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 Trimble 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 Trimble County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Trimble County. For example, the median tax bill in Trimble County is $850, with tax bills ranging significantly across the county. Pendleton has the highest median home price at $111,000.

Property Tax Assessment Values Across Trimble County, Kentucky

Source: Ownwell

$80,000

$95,500

$111,000

Median Trimble County Market Value

$85,000

Median Kentucky Market Value

$110,000

Median United States Market Value

$235,294

Property Tax Assessment Values Across Trimble County, Kentucky

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Bedford	$20,000	$50,000	$85,200	$135,000	$190,550
Campbellsburg	$24,300	$50,000	$95,750	$153,175	$223,500
Milton	$5,000	$42,000	$80,000	$134,375	$187,750
Pendleton	$34,700	$66,000	$111,000	$158,000	$223,000
Sulphur	N/A	N/A	N/A	N/A	N/A
Turners Station	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Trimble County, Kentucky

In Trimble County, KY, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This value is then multiplied by the local property tax rate to determine the tax bill. The median home price in Trimble County is $85,000. Homeowners in this region experience varying tax bills, with the 25th percentile paying around $388 and the 75th percentile facing a tax bill of approximately $1,465. At the 90th percentile, tax bills can reach up to $2,122. Trimble County's property tax rate is relatively low compared to the national median property tax rate of 1.02%, resulting in generally lower tax bills. The city of Pendleton has the highest median tax bill in the county at $1,093, while Milton has the lowest at $788. These tax bills can significantly impact homeowners, influencing their financial planning and overall cost of homeownership. Understanding these factors is essential for homeowners to effectively manage their property-related expenses.

Property Tax Bills Across Trimble County, Kentucky

Source: Ownwell

$788

$941

$1,093

Median Trimble County Tax Bill

$844

Median Kentucky Tax Bill

$1,031

Median United States Tax Bill

$2,400

Property Tax Bills Across Trimble County, Kentucky

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Bedford	$149	$417	$845	$1,451	$2,081
Campbellsburg	$164	$505	$1,031	$1,772	$2,618
Milton	$51	$281	$788	$1,399	$2,063
Pendleton	$233	$563	$1,093	$1,688	$2,418
Sulphur	N/A	N/A	N/A	N/A	N/A
Turners Station	N/A	N/A	N/A	N/A	N/A

Source: Ownwell