Marshall County, Kentucky Property Taxes
Census Bureau ACS property tax data for Kentucky. Population: 10,792.
The median annual property tax in Marshall County is $1,246, which is 14% higher than the Kentucky state average and 35% below the national average. The effective tax rate is 0.72% on a median home value of $173,700. Property taxes represent 2.0% of the median household income in this county.
Median Annual Tax
$1,246
+14% vs State
-35% vs US
Median Home Value
$173,700
+16% vs State
-18% vs US
Effective Tax Rate
0.72%
+0% vs State
-24% vs US
With vs Without Mortgage
With Mortgage
$1,376
$115/mo
Without Mortgage
$1,097
$91/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 | $1,246 +3.6% | 0.72% |
| 2022 | $1,203 +6.3% | 0.75% |
| 2021 | $1,132 +3.1% | 0.84% |
| 2020 | $1,098 +8.7% | 0.80% |
| 2019 | $1,010 | 0.77% |
Tax Burden
Tax-to-Income Ratio
2.0%
of median household income
Median Income
$63,611
per year
Monthly Tax
$104
per month
Other Counties in Kentucky
Floyd County
Tax: $697/yr Rate: 0.75%
Morgan County
Tax: $802/yr Rate: 0.76%
Calloway County
Tax: $1,215/yr Rate: 0.67%
Fleming County
Tax: $824/yr Rate: 0.72%
Muhlenberg County
Tax: $842/yr Rate: 0.69%
Knott County
Tax: $536/yr Rate: 0.72%
Frequently Asked Questions
What is the average property tax in Marshall County, Kentucky? ▼
The median annual property tax in Marshall County is $1,246 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.72% on a median home value of $173,700.
How does Marshall County property tax compare to the national average? ▼
Property taxes in Marshall County are 35% below the national average of $1,923. The effective rate of 0.72% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Marshall County? ▼
In Marshall County, homeowners with a mortgage pay a median of $1,376 in annual property taxes, while homeowners without a mortgage pay $1,097. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Marshall County? ▼
Property taxes in Marshall County represent approximately 2.0% of the median household income of $63,611. 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.