Marion County, Kentucky Property Taxes
Census Bureau ACS property tax data for Kentucky. Population: 5,866.
The median annual property tax in Marion County is $1,124, which is 3% higher than the Kentucky state average and 42% below the national average. The effective tax rate is 0.71% on a median home value of $158,700. Property taxes represent 2.0% of the median household income in this county.
Median Annual Tax
$1,124
+3% vs State
-42% vs US
Median Home Value
$158,700
+6% vs State
-25% vs US
Effective Tax Rate
0.71%
-1% vs State
-25% vs US
With vs Without Mortgage
With Mortgage
$1,237
$103/mo
Without Mortgage
$940
$78/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 | $1,124 +6.0% | 0.71% |
| 2022 | $1,060 +14.6% | 0.75% |
| 2021 | $925 +7.3% | 0.75% |
| 2020 | $862 +5.8% | 0.76% |
| 2019 | $815 | 0.77% |
Tax Burden
Tax-to-Income Ratio
2.0%
of median household income
Median Income
$55,404
per year
Monthly Tax
$94
per month
Other Counties in Kentucky
Henry County
Tax: $1,489/yr Rate: 0.82%
Floyd County
Tax: $697/yr Rate: 0.75%
Wayne County
Tax: $703/yr Rate: 0.58%
Boyle County
Tax: $1,712/yr Rate: 0.85%
Henderson County
Tax: $1,455/yr Rate: 0.88%
McLean County
Tax: $984/yr Rate: 0.68%
Frequently Asked Questions
What is the average property tax in Marion County, Kentucky? ▼
The median annual property tax in Marion County is $1,124 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.71% on a median home value of $158,700.
How does Marion County property tax compare to the national average? ▼
Property taxes in Marion County are 42% below the national average of $1,923. The effective rate of 0.71% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Marion County? ▼
In Marion County, homeowners with a mortgage pay a median of $1,237 in annual property taxes, while homeowners without a mortgage pay $940. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Marion County? ▼
Property taxes in Marion County represent approximately 2.0% of the median household income of $55,404. 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.