StateRates

Bullitt County, Kentucky property tax

The median homeowner in Bullitt County, Kentucky pays $1,994 a year in property tax on a home worth $233,700, an effective rate of 0.85%. The national effective rate is 0.98%.

Effective rate 0.85% #15 of 116 in Kentucky
Median tax bill $1,994 per year
Median home value $233,700 owner-occupied
Median income $77,640 household

What the rate means here

Bullitt County taxes property at 0.85%, within a rounding error of the national 0.98%. With the rate close to typical, the $1,994 bill is driven by what housing is worth here rather than by how hard it is taxed.

It ranks #15 of 116 Kentucky counties by effective rate, against a statewide 0.77%, and #1,340 nationally. The state runs from 1.06% in Campbell County down to 0.48% in Rockcastle County.

The median home costs 3.01 times the median household income of $77,640, against 3.86 nationally, which is a comfortable ratio by American standards. 83.9% of occupied homes are owned rather than rented, and cheap housing relative to income is usually why. The county has 83,209 residents, which is small enough that the medians describe a reasonably coherent market.

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

What that costs at different home values

$250,000 home $2,125 per year at 0.85%
$400,000 home $3,400 per year at 0.85%
$600,000 home $5,100 per year at 0.85%

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

Housing and income

Bullitt County, Kentucky against Kentucky and the country
Bullitt County Kentucky United States
Effective property tax 0.85% 0.77% 0.98%
Median tax bill $1,994 $1,472 $2,969
Median home value $233,700 $192,300 $303,400
Median gross rent $973 $933 $1,348
Median household income $77,640 $62,417 $78,538
Home price to income 3.01× 3.08× 3.86×
Rent as share of income 15.04% 17.94% 20.6%
Owner-occupied 83.9% 68.28% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 83,209.

Nearby counties of similar size

Other Kentucky counties
County Rate Median bill Home value
Campbell County 1.06% $2,495 $234,500
Christian County 0.71% $1,065 $149,200
Madison County 0.74% $1,631 $220,700
Oldham County 0.92% $3,454 $375,000
McCracken County 0.73% $1,342 $182,900

Bullitt County property tax: common questions

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

The effective rate is 0.85% of home value, from a median tax bill of $1,994 against a median home value of $233,700. That is 0.13 points below the national 0.98%.

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

Roughly $3,400 a year at the county effective rate of 0.85%.

Is Bullitt County expensive compared with the rest of Kentucky?

It ranks #15 of 116 Kentucky counties by effective property tax rate, and #1340 of 2,826 nationally. That is 0.08 points above the Kentucky average of 0.77%.

What does housing cost in Bullitt County?

The median home is worth $233,700 and median gross rent is $973 a month. Median household income is $77,640, which puts the home at 3.01 times annual income and rent at 15.04% of it.