The rate in context
On a $400,000 home, 0.74% means roughly $2,960 per year in property tax, escrowed monthly, so it lands directly in your payment and your debt-to-income ratio.
Exemptions and notes
HB 44 holds local property tax revenue growth to 4% per year without a public hearing, which functions as a soft cap on bills.
Sources: Tax Foundation 2026 (2024 ACS); NAR/NCSL transfer tax table. County-level rates vary; your county page has local detail.
Counties in Kentucky
FAQ
What is the average property tax rate in Kentucky?
The average effective property tax rate in Kentucky is about 0.74%, per Tax Foundation 2026 (2024 ACS); NAR/NCSL transfer tax table. Individual counties vary above and below that average.
How do Kentucky property taxes affect my mortgage?
Taxes are escrowed into your monthly payment, so a higher rate directly reduces how much house you qualify for. HB 44 holds local property tax revenue growth to 4% per year without a public hearing, which functions as a soft cap on bills.