Grayson County, Kentucky Property Taxes
Census Bureau ACS property tax data for Kentucky. Population: 7,448.
The median annual property tax in Grayson County is $896, which is 18% lower than the Kentucky state average and 53% below the national average. The effective tax rate is 0.56% on a median home value of $160,100. Property taxes represent 1.8% of the median household income in this county.
Median Annual Tax
$896
-18% vs State
-53% vs US
Median Home Value
$160,100
+7% vs State
-24% vs US
Effective Tax Rate
0.56%
-22% vs State
-41% vs US
With vs Without Mortgage
With Mortgage
$1,162
$97/mo
Without Mortgage
$695
$58/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 | $896 +9.1% | 0.56% |
| 2022 | $821 +14.0% | 0.58% |
| 2021 | $720 +1.8% | 0.60% |
| 2020 | $707 +4.6% | 0.60% |
| 2019 | $676 | 0.59% |
Tax Burden
Tax-to-Income Ratio
1.8%
of median household income
Median Income
$49,893
per year
Monthly Tax
$75
per month
Other Counties in Kentucky
Bath County
Tax: $817/yr Rate: 0.73%
Washington County
Tax: $1,205/yr Rate: 0.72%
Union County
Tax: $858/yr Rate: 0.79%
Bullitt County
Tax: $1,994/yr Rate: 0.85%
Ohio County
Tax: $695/yr Rate: 0.61%
Boyd County
Tax: $1,233/yr Rate: 0.98%
Frequently Asked Questions
What is the average property tax in Grayson County, Kentucky? ▼
The median annual property tax in Grayson County is $896 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.56% on a median home value of $160,100.
How does Grayson County property tax compare to the national average? ▼
Property taxes in Grayson County are 53% below the national average of $1,923. The effective rate of 0.56% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Grayson County? ▼
In Grayson County, homeowners with a mortgage pay a median of $1,162 in annual property taxes, while homeowners without a mortgage pay $695. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Grayson County? ▼
Property taxes in Grayson County represent approximately 1.8% of the median household income of $49,893. 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.