StateRates

Bracken County, Kentucky property tax

The median homeowner in Bracken County, Kentucky pays $1,093 a year in property tax on a home worth $116,400, an effective rate of 0.94%. The national effective rate is 0.98%.

Effective rate 0.94% #7 of 116 in Kentucky
Median tax bill $1,093 per year
Median home value $116,400 owner-occupied
Median income $59,521 household

What the rate means here

Bracken County taxes property at 0.94%, within a rounding error of the national 0.98%. With the rate close to typical, the $1,093 bill is driven by what housing is worth here rather than by how hard it is taxed.

It ranks #7 of 116 Kentucky counties by effective rate, against a statewide 0.77%, and #1,158 nationally. The state runs from 1.06% in Campbell County down to 0.48% in Rockcastle County.

The median home costs 1.96 times the median household income of $59,521, against 3.86 nationally, which is a comfortable ratio by American standards. 77.63% of occupied homes are owned rather than rented, and cheap housing relative to income is usually why. This is a small rural county of 8,427 people. Five-year survey estimates for places this size carry wide margins of error, so treat the figures as approximate.

The rate is derived rather than quoted. How and why.

What that costs at different home values

$250,000 home $2,350 per year at 0.94%
$400,000 home $3,760 per year at 0.94%
$600,000 home $5,640 per year at 0.94%

Arithmetic at the county effective rate, before any exemption or assessment cap.

Housing and income

Bracken County, Kentucky against Kentucky and the country
Bracken County Kentucky United States
Effective property tax 0.94% 0.77% 0.98%
Median tax bill $1,093 $1,472 $2,969
Median home value $116,400 $192,300 $303,400
Median gross rent $748 $933 $1,348
Median household income $59,521 $62,417 $78,538
Home price to income 1.96× 3.08× 3.86×
Rent as share of income 15.08% 17.94% 20.6%
Owner-occupied 77.63% 68.28% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 8,427.

Nearby counties of similar size

Other Kentucky counties
County Rate Median bill Home value
Trimble County 0.68% $1,175 $172,700
Gallatin County 0.81% $1,368 $169,400
Lyon County 0.55% $1,016 $183,600
Livingston County 0.63% $731 $116,300
Crittenden County 0.56% $650 $115,700

Bracken County property tax: common questions

What is the property tax rate in Bracken County, Kentucky?

The effective rate is 0.94% of home value, from a median tax bill of $1,093 against a median home value of $116,400. That is 0.04 points below the national 0.98%.

How much is property tax on a $400,000 home in Bracken County?

Roughly $3,760 a year at the county effective rate of 0.94%.

Is Bracken County expensive compared with the rest of Kentucky?

It ranks #7 of 116 Kentucky counties by effective property tax rate, and #1158 of 2,826 nationally. That is 0.17 points above the Kentucky average of 0.77%.

What does housing cost in Bracken County?

The median home is worth $116,400 and median gross rent is $748 a month. Median household income is $59,521, which puts the home at 1.96 times annual income and rent at 15.08% of it.