Martin County, Kentucky Property Taxes
Census Bureau ACS property tax data for Kentucky. Population: 3,154.
The median annual property tax in Martin County is $657, which is 40% lower than the Kentucky state average and 66% below the national average. The effective tax rate is 0.77% on a median home value of $84,900. Property taxes represent 1.4% of the median household income in this county.
Median Annual Tax
$657
-40% vs State
-66% vs US
Median Home Value
$84,900
-43% vs State
-60% vs US
Effective Tax Rate
0.77%
+7% vs State
-19% vs US
With vs Without Mortgage
With Mortgage
$1,014
$85/mo
Without Mortgage
$568
$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 | $657 +0.5% | 0.77% |
| 2022 | $654 +25.0% | 0.71% |
| 2021 | $523 -4.7% | 0.77% |
| 2020 | $549 -7.3% | 0.70% |
| 2019 | $592 | 0.70% |
Tax Burden
Tax-to-Income Ratio
1.4%
of median household income
Median Income
$46,185
per year
Monthly Tax
$55
per month
Other Counties in Kentucky
McCracken County
Tax: $1,342/yr Rate: 0.73%
Greenup County
Tax: $1,273/yr Rate: 0.94%
Metcalfe County
Tax: $743/yr Rate: 0.72%
Whitley County
Tax: $792/yr Rate: 0.66%
Breathitt County
Tax: $521/yr Rate: 0.84%
Crittenden County
Tax: $650/yr Rate: 0.56%
Frequently Asked Questions
What is the average property tax in Martin County, Kentucky? ▼
The median annual property tax in Martin County is $657 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.77% on a median home value of $84,900.
How does Martin County property tax compare to the national average? ▼
Property taxes in Martin County are 66% below the national average of $1,923. The effective rate of 0.77% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Martin County? ▼
In Martin County, homeowners with a mortgage pay a median of $1,014 in annual property taxes, while homeowners without a mortgage pay $568. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Martin County? ▼
Property taxes in Martin County represent approximately 1.4% of the median household income of $46,185. 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.