Kentucky · FIPS 21171 · ACS 2020–2024
Monroe County, Kentucky property tax rate
Homeowners in Monroe County paid a median of $891 a year in real estate taxes on a median home value of $115,900 (2020–2024 survey). Taxes came to 0.56% of home value, 25% below the Kentucky rate of 0.74% and 40% below the U.S. rate of 0.94%.
- 0.56%Effective tax rate±0.09% margin · Kentucky: 0.74%
- $891Median tax per yearKentucky: $1,544 · U.S.: $3,119
- $115,900Median home valueKentucky: $205,600
- 3,293Owner-occupied homes71% of households own
| Measure | Monroe County | Kentucky | U.S. | Monroe County 2019–2023 | Change |
|---|---|---|---|---|---|
| Effective tax rate | 0.56% | 0.74% | 0.94% | 0.53% | +0.03 pts |
| Median tax, all owners | $891 | $1,544 | $3,119 | $892 | −$1 (-0.1%) |
| Median tax, with a mortgage | $936 | $1,798 | $3,489 | $959 | −$23 (-2.4%) |
| Median tax, no mortgage | $781 | $1,201 | $2,576 | $748 | +$33 (+4.4%) |
| Median home value | $115,900 | $205,600 | $332,700 | $116,300 | −$400 (-0.3%) |
| Total taxes paid | $3,118,600 | $2,343,946,100 | $360,573,527,500 | $3,192,100 |
How Monroe County compares
- Per $1,000 of home value, owners here paid about $5.62 a year, against $7.45 statewide and $9.40 nationally.
- Rank in Kentucky: 28 of 104 counties from lowest to highest effective rate (among those with reliable estimates). Nationally, 26% of 2,682 counties had a lower rate.
- Homes with a mortgage: 0.63% of value; homes without one: 0.51%. Median bills: $936 and $781.
- Compared with the 2019–2023 survey, the effective rate rose (+0.03 pts) and the median tax changed −$1 (-0.1%). The two 5-year surveys share four years of responses, so year-to-year moves are small and partly noise.
- Margin of error: the effective rate is 0.56% ± 0.09% at 90% confidence, from a sample of the 3,293 owner-occupied homes.
Kentucky counties with similar rates
| County | Effective rate | Median tax | Median value |
|---|---|---|---|
| Todd County | 0.55% | $909 | $166,700 |
| Trimble County | 0.56% | $1,139 | $172,000 |
| Martin County | 0.56% | $716 | $86,900 |
| Rowan County | 0.56% | $885 | $161,800 |
| Adair County | 0.56% | $971 | $150,800 |
| Johnson County | 0.57% | $792 | $120,200 |
| Lyon County | 0.57% | $1,196 | $189,500 |
| Bourbon County | 0.57% | $1,627 | $229,300 |
Sources
- U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates, table-based summary file: B25090 (aggregate real estate taxes), B25082 (aggregate home value), B25103 (median real estate taxes), B25077 (median home value) and B25003 (tenure); files dated January 29, 2026.
- U.S. Census Bureau, American Community Survey 2019–2023 5-year estimates, same tables (files dated October 31, 2024), for the comparison column.
- Geography names: Census Bureau Geos20245YR.txt (file dated January 22, 2026).
Effective rate = total real estate taxes paid by owner-occupied homes ÷ their total value, as reported by owners to the Census Bureau. It is not a millage rate. Your bill depends on your assessed value, exemptions (such as homestead) and local levies.