Ballard County, Kentucky Property Taxes
Census Bureau ACS property tax data for Kentucky. Population: 2,488.
The median annual property tax in Ballard County is $1,067, which is 2% lower than the Kentucky state average and 45% below the national average. The effective tax rate is 0.80% on a median home value of $132,900. Property taxes represent 1.6% of the median household income in this county.
Median Annual Tax
$1,067
-2% vs State
-45% vs US
Median Home Value
$132,900
-11% vs State
-37% vs US
Effective Tax Rate
0.80%
+11% vs State
-16% vs US
With vs Without Mortgage
With Mortgage
$1,243
$104/mo
Without Mortgage
$782
$65/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $1,067 +14.6% | 0.80% |
| 2022 | $931 +12.8% | 0.91% |
| 2021 | $825 +6.7% | 0.92% |
| 2020 | $773 +3.5% | 0.74% |
| 2019 | $747 | 0.73% |
Tax Burden
Tax-to-Income Ratio
1.6%
of median household income
Median Income
$64,740
per year
Monthly Tax
$89
per month
Other Counties in Kentucky
Floyd County
Tax: $697/yr Rate: 0.75%
Wolfe County
Tax: $391/yr Rate: 0.59%
Breckinridge County
Tax: $855/yr Rate: 0.60%
Crittenden County
Tax: $650/yr Rate: 0.56%
Laurel County
Tax: $845/yr Rate: 0.59%
Graves County
Tax: $929/yr Rate: 0.67%
Frequently Asked Questions
What is the average property tax in Ballard County, Kentucky? ▼
The median annual property tax in Ballard County is $1,067 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.80% on a median home value of $132,900.
How does Ballard County property tax compare to the national average? ▼
Property taxes in Ballard County are 45% below the national average of $1,923. The effective rate of 0.80% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Ballard County? ▼
In Ballard County, homeowners with a mortgage pay a median of $1,243 in annual property taxes, while homeowners without a mortgage pay $782. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Ballard County? ▼
Property taxes in Ballard County represent approximately 1.6% of the median household income of $64,740. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.