Hancock County, Kentucky Property Taxes
Census Bureau ACS property tax data for Kentucky. Population: 2,773.
The median annual property tax in Hancock County is $935, which is 14% lower than the Kentucky state average and 51% below the national average. The effective tax rate is 0.68% on a median home value of $137,600. Property taxes represent 1.4% of the median household income in this county.
Median Annual Tax
$935
-14% vs State
-51% vs US
Median Home Value
$137,600
-8% vs State
-35% vs US
Effective Tax Rate
0.68%
-6% vs State
-28% vs US
With vs Without Mortgage
With Mortgage
$1,257
$105/mo
Without Mortgage
$683
$57/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 | $935 +8.1% | 0.68% |
| 2022 | $865 +14.6% | 0.74% |
| 2021 | $755 -2.2% | 0.67% |
| 2020 | $772 +1.7% | 0.68% |
| 2019 | $759 | 0.68% |
Tax Burden
Tax-to-Income Ratio
1.4%
of median household income
Median Income
$66,836
per year
Monthly Tax
$78
per month
Other Counties in Kentucky
Crittenden County
Tax: $650/yr Rate: 0.56%
Bell County
Tax: $617/yr Rate: 0.74%
Boone County
Tax: $2,273/yr Rate: 0.90%
Kenton County
Tax: $2,284/yr Rate: 1.00%
Jackson County
Tax: $683/yr Rate: 0.64%
Grant County
Tax: $1,339/yr Rate: 0.72%
Frequently Asked Questions
What is the average property tax in Hancock County, Kentucky? ▼
The median annual property tax in Hancock County is $935 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.68% on a median home value of $137,600.
How does Hancock County property tax compare to the national average? ▼
Property taxes in Hancock County are 51% below the national average of $1,923. The effective rate of 0.68% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Hancock County? ▼
In Hancock County, homeowners with a mortgage pay a median of $1,257 in annual property taxes, while homeowners without a mortgage pay $683. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Hancock County? ▼
Property taxes in Hancock County represent approximately 1.4% of the median household income of $66,836. 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.