Kentucky · County property tax · ACS 2024
Grayson County Property Taxes
The median homeowner in Grayson County pays $930 a year, an effective rate of 0.57%, far below the U.S. average.
- $930
- Median tax / yr · Low bill
- 0.57%
- Effective rate · Low rate
- -53%
- vs U.S. average
- #106 of 120
- rank in KY
The verdict
Homeowners in Grayson County pay a median $930 a year in property tax, an effective rate of 0.57%, more affordable than 75% of U.S. counties (Census ACS 2024).
- $930
- Median annual tax bill, 2024
- 0.57%
- Effective rate on median home
- #782 of 3135
- U.S. counties by tax burden
- -53%
- vs the national average bill
Effective rate is the median property tax bill divided by the median home value ($164,600). U.S. Census Bureau, ACS 5-Year Estimates · 2024.
Census Bureau ACS property tax data for Kentucky. Population: 26,707. Owner-occupied homes: 7,553.
The median annual property tax in Grayson County is $930, which is 40% lower than the Kentucky state average and 53% below the national average. The effective tax rate is 0.57% on a median home value of $164,600. Property taxes represent 1.8% of the median household income in this county.
Grayson County's rate standing among U.S. counties
Primary signal
The effective rate sits near the national middle
Grayson County's 0.57% effective rate sits near the middle of 3,135 tracked counties (more affordable than 75%).
Decision signal 2
The bill sits well below the national median
Homeowners in Grayson County pay a median annual property tax of $930, far below the national median and well below the Kentucky state median. On a $164,600 median home, that works out to an effective rate of 0.57% once the local assessment base and millage are combined.
Decision signal 3
High among Kentucky counties by effective rate
Grayson County ranks #106 of 120 counties in Kentucky by effective rate (12% of in-state counties pay a lower rate).
Decision signal 4
Income carries a light tax share
Property taxes in Grayson County run a bit below the commonly cited 2%-4% national benchmark, at about 1.8% of the $50,757 median household income.
Informational notice
Figures describe the median homeowner household in Grayson County as reported to the Census Bureau; your parcel can differ. Not tax, legal, or financial advice: check the county assessor or a qualified professional before decisions that depend on these numbers.
The rate held while the market moved
Grayson County sits in the quarter of U.S. counties whose effective rate moved least over this span: 5.6% down, against a median home value that rose 39.4%.
A near-steady rate on a moving market passes that movement straight through: the median bill rose 31.5%, from $707 to $930.
Effective rate is the published median bill divided by the published median home value, so the two multiply back to the bill exactly; the rate's movement here is derived from those two figures rather than read from the rounded published rate. Both are ACS 5-year survey estimates for the median owner-occupied household, compared across non-overlapping releases. They describe what the Census published, not a local policy, assessment, or exemption change.
How to read this county's bill
The bill here climbed steeply over 2020-2024, up 32% from $707 to $930. These ACS medians describe the reported change; they do not identify whether a levy, assessment, home value, or change in the responding households caused it.
The largest reported group here falls at the bottom of the national range: 2,849 of 7,553 owner-occupied homes (37.7%) report annual real-estate taxes under $800. This distribution describes reported owner-occupied homes, not an affordability judgment for any property.
Both sides of this comparison sit low: household income here is in the bottom quarter of US counties, and so is the effective tax rate. The median bill works out at 1.8% of median household income, which is the arithmetic of a modest levy on modest earnings rather than of any deliberate relief.
The share above is the median annual bill divided by median household income, a ratio of two county-level medians rather than a household-by-household figure.
What Grayson County Homeowners Actually Pay
The single largest group of Grayson County homeowners, 2,849 of 7,553 owner-occupied homes (37.7%), pays less than $800 a year. The median is one point in this spread, not a typical bill.
- Less than $800 37.7% (2,849)
- $800 to $1,499 28.5% (2,154)
- $1,500 to $1,999 7.7% (584)
- $2,000 to $2,999 11.9% (899)
- $3,000 or more 6.9% (518)
Census ACS 2024, table B25102. Bands and the no-tax share sum to 100%.
549 homes here (7.3%) report no real estate tax at all. Exemptions are set by state: how Kentucky handles assessments and appeals.
With vs Without Mortgage
Mortgaged homeowners in Grayson County pay more than double the bill of those without one (+71%), the widest kind of value gap this dataset tracks.
Grayson County's effective rate vs peers
Effective property tax rate (median tax ÷ median home value), ACS 2024.
Grayson County's effective rate is higher than 12% of the 120 counties in Kentucky - ranking #106 of 120.
Where Grayson County sits among every U.S. county
Effective property tax rate (median tax ÷ median home value)
0.57% Among the most affordable more affordable than 75% of 3,135 U.S. counties
Show national distribution
Each bar is a band; taller bars hold more U.S. counties. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2024
What changed since 2020
The median bill in Grayson County moved from $707 in the 2020 release to $930 in 2024, a change of about 32%. These are American Community Survey 5-year estimates compared across releases that share only one sample year, which is why this page never compares consecutive releases: those overlap in four years of the same households and move mostly on sampling.
Grayson County vs Benchmarks
| Metric | Grayson County | Kentucky Avg | U.S. Avg |
|---|---|---|---|
| Median Annual Tax Low bill | |||
| Effective Tax Rate Low rate | |||
| Median Home Value | |||
| Tax as % of income Below-median income burden | 1.8% | - | - |
Source: U.S. Census Bureau, ACS 5-Year Estimates. Tax-burden differences across rows reflect millage decisions, assessment-ratio practices, and the residential-vs-commercial mix of each tax base.
Grayson County is QUIET · LIGHT on ACS medians, still verify your parcel card before quoting the county figure. Estimate appeal savings · Kentucky counties.
Grayson County rate trail · QUIET
| Year | Median Tax (vs prior release) | Effective Rate |
|---|---|---|
| 2024 | $930 +3.8% | 0.57% |
| 2023 | $896 +9.1% | 0.56% |
| 2022 | $821 +14.0% | 0.58% |
| 2021 | $720 +1.8% | 0.60% |
| 2020 | $707 | 0.60% |
Each row is a separate ACS 5-year release, and consecutive releases share four of their five survey years. The percentage beside each bill is therefore movement in the published estimate against the previous release, not a single year's tax change. The two releases largely describe the same households. For change over time, compare releases that do not overlap.
Grayson County: tax takes only 1.8% of income
Counties near Grayson County's effective rate
On effective rate, Grayson County sits nearest Steuben County (IN), Glynn County (GA), Dade County (GA).
On published median-tax change, the nearest matches are Turner County (GA), Imperial County (CA), Neshoba County (MS).
How peers are chosen
These are the nearest cross-state matches in the published Census data, not neighboring counties or recommendations. Peers are rebuilt with each data release; see the calculation method.
Similar effective rates
Similar published median-tax changes, 2020–2024
Grayson County: only 2% of returns show Schedule A real-estate tax
Tax year 2022: 190 of 10,770 returns from Grayson County reported real estate taxes, averaging $2,458 - 32% of those reporters sat in the $100-200k AGI band.
What this IRS county file does not say
Amounts are reported before the SALT cap, not deducted; the share is of filers, not homeowners. Source: IRS SOI county data, tax year 2022.
Other Counties in Kentucky
Grayson County rate FAQs
- How does Grayson County property tax compare to the national average?
- Property taxes in Grayson County run far below the national median of $1,993, an effective rate of 0.57% versus 0.92% nationally.
- What is the average property tax in Grayson County, Kentucky?
- The median annual property tax in Grayson County is $930, an effective rate of 0.57% on a $164,600 median home (Census ACS, 2024).
- What is the tax affordability score for Grayson County?
- Grayson County, Kentucky scores B- (65/100) on PlainPropertyTax's tax affordability composite across 5 Census ACS dimensions (effective rate, bill size, income share, mortgage gap, and home-value/income). Its strongest scored dimension here is bill size at A- ($930/yr). The score compares published county medians to U.S. percentiles, it is not a personal bill and not advice to buy, sell, appeal, or relocate.
- Are property taxes increasing in Grayson County?
- The ACS median property-tax bill for Grayson County jumped 31.5% between the 2020 and 2024 5-year releases, from $707 to $930, a 4-year span. These are survey estimates covering five years each, so this compares the two releases furthest apart rather than consecutive ones, which overlap and would mostly measure the same households twice.
- What percentage of income goes to property taxes in Grayson County?
- Property taxes in Grayson County run a bit below the commonly cited 2%-4% national benchmark, at about 1.8% of the $50,757 median household income.
What to do with Grayson County's QUIET rate
Grayson County's $930 median bill sits well below the U.S. median - still size a parcel estimate; local millage and exemptions move the real bill. Estimate your bill →
Income burden is light here: about 1.8% of Grayson County's $50,757 median household income goes to the property-tax bill.
Nationwide peers by effective rate (then bill)
Rate-first peers for Grayson County's QUIET effective rate, then a disjoint out-of-state bill set so the two neighborhoods stay distinct.
Similar effective rate
Nearest out-of-state counties by ACS effective rate. This county: 0.57%.
Similar median bill
Nearest out-of-state counties by ACS median annual tax. This county: $930/yr. Rate peers are excluded so the two link sets stay distinct.
Read with Grayson County
Nearest ABS(median_tax) ACS peers for Grayson County (QUIET · LIGHT), replacing the old fixed Keep exploring strip.
QUIET LIGHT
Crockett County, TN
ABS(median_tax) peer · tied with Grayson County at $930/yr; rate 0.59% vs Grayson County 0.57%.
Hancock County, KY
ABS(median_tax) peer · tied with Grayson County at $930/yr; rate 0.66% vs Grayson County 0.57%.
Sunflower County, MS
ABS(median_tax) peer · tied with Grayson County at $930/yr; rate 0.93% vs Grayson County 0.57%.
Grant County, NE
ABS(median_tax) peer · $929/yr (near-tied bill ABS $1); rate 0.68% vs Grayson County 0.57%.
Kentucky county set
State ACS overview for every published Kentucky county rate and median bill.
Assessment cycle basics
Grayson County stamps QUIET · LIGHT - how assessed value and millage become the ACS median bill.
Data vintage and method
Data as of 2024. 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.
Source: U.S. Census Bureau American Community Survey 5-Year Estimates, county median real-estate taxes · 2024 Grayson County (QUIET · LIGHT) - ACS medians, not a parcel bill.