Laurel County, Kentucky Property Taxes
Census Bureau ACS property tax data for Kentucky. Population: 17,041.
The median annual property tax in Laurel County is $845, which is 23% lower than the Kentucky state average and 56% below the national average. The effective tax rate is 0.59% on a median home value of $143,400. Property taxes represent 1.5% of the median household income in this county.
Median Annual Tax
$845
-23% vs State
-56% vs US
Median Home Value
$143,400
-5% vs State
-32% vs US
Effective Tax Rate
0.59%
-18% vs State
-38% vs US
With vs Without Mortgage
With Mortgage
$1,077
$90/mo
Without Mortgage
$566
$47/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 | $845 +1.3% | 0.59% |
| 2022 | $834 +13.3% | 0.59% |
| 2021 | $736 +1.5% | 0.63% |
| 2020 | $725 +2.1% | 0.62% |
| 2019 | $710 | 0.63% |
Tax Burden
Tax-to-Income Ratio
1.5%
of median household income
Median Income
$56,999
per year
Monthly Tax
$70
per month
Other Counties in Kentucky
Jackson County
Tax: $683/yr Rate: 0.64%
Carroll County
Tax: $982/yr Rate: 0.76%
Powell County
Tax: $829/yr Rate: 0.58%
Pendleton County
Tax: $1,246/yr Rate: 0.77%
Oldham County
Tax: $3,454/yr Rate: 0.92%
Metcalfe County
Tax: $743/yr Rate: 0.72%
Frequently Asked Questions
What is the average property tax in Laurel County, Kentucky? ▼
The median annual property tax in Laurel County is $845 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.59% on a median home value of $143,400.
How does Laurel County property tax compare to the national average? ▼
Property taxes in Laurel County are 56% below the national average of $1,923. The effective rate of 0.59% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Laurel County? ▼
In Laurel County, homeowners with a mortgage pay a median of $1,077 in annual property taxes, while homeowners without a mortgage pay $566. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Laurel County? ▼
Property taxes in Laurel County represent approximately 1.5% of the median household income of $56,999. 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.