StateRates

Clark County, Kentucky property tax

The median homeowner in Clark County, Kentucky pays $1,448 a year in property tax on a home worth $197,900, an effective rate of 0.73%. The national effective rate is 0.98%.

Effective rate 0.73% #47 of 116 in Kentucky
Median tax bill $1,448 per year
Median home value $197,900 owner-occupied
Median income $67,824 household

What the rate means here

At 0.73%, Clark County taxes property more lightly than the national 0.98%. With a median home at $197,900, that produces a bill of $1,448. Somebody still funds the schools, so it is worth knowing what a low-tax county collects instead.

It ranks #47 of 116 Kentucky counties by effective rate, against a statewide 0.77%, and #1,658 nationally. The state runs from 1.06% in Campbell County down to 0.48% in Rockcastle County.

The median home costs 2.92 times the median household income of $67,824, against 3.86 nationally, which is a comfortable ratio by American standards. 71.48% of occupied homes are owned rather than rented, and cheap housing relative to income is usually why. With 37,004 residents, the sample behind these medians is small, and the survey's own margins of error are correspondingly wider.

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

What that costs at different home values

$250,000 home $1,825 per year at 0.73%
$400,000 home $2,920 per year at 0.73%
$600,000 home $4,380 per year at 0.73%

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

Housing and income

Clark County, Kentucky against Kentucky and the country
Clark County Kentucky United States
Effective property tax 0.73% 0.77% 0.98%
Median tax bill $1,448 $1,472 $2,969
Median home value $197,900 $192,300 $303,400
Median gross rent $883 $933 $1,348
Median household income $67,824 $62,417 $78,538
Home price to income 2.92× 3.08× 3.86×
Rent as share of income 15.62% 17.94% 20.6%
Owner-occupied 71.48% 68.28% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 37,004.

Nearby counties of similar size

Other Kentucky counties
County Rate Median bill Home value
Whitley County 0.66% $792 $120,600
Graves County 0.67% $929 $139,000
Calloway County 0.67% $1,215 $181,200
Greenup County 0.94% $1,273 $135,300
Floyd County 0.75% $697 $93,300

Clark County property tax: common questions

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

The effective rate is 0.73% of home value, from a median tax bill of $1,448 against a median home value of $197,900. That is 0.25 points below the national 0.98%.

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

Roughly $2,920 a year at the county effective rate of 0.73%.

Is Clark County expensive compared with the rest of Kentucky?

It ranks #47 of 116 Kentucky counties by effective property tax rate, and #1658 of 2,826 nationally. That is 0.04 points below the Kentucky average of 0.77%.

What does housing cost in Clark County?

The median home is worth $197,900 and median gross rent is $883 a month. Median household income is $67,824, which puts the home at 2.92 times annual income and rent at 15.62% of it.