StateRates

Green County, Kentucky property tax

The median homeowner in Green County, Kentucky pays $752 a year in property tax on a home worth $118,900, an effective rate of 0.63%. The national effective rate is 0.98%.

Effective rate 0.63% #90 of 116 in Kentucky
Median tax bill $752 per year
Median home value $118,900 owner-occupied
Median income $41,087 household

What the rate means here

At 0.63%, Green County taxes property more lightly than the national 0.98%. The bill works out at $752 a year. Low-rate counties usually have another revenue source doing the work, whether that is a state funding formula, sales tax or severance revenue from extraction.

It ranks #90 of 116 Kentucky counties by effective rate, against a statewide 0.77%, and #1,980 nationally. The state runs from 1.06% in Campbell County down to 0.48% in Rockcastle County.

The median home costs 2.89 times the median household income of $41,087, against 3.86 nationally, which is a comfortable ratio by American standards. 76.56% of occupied homes are owned rather than rented, and cheap housing relative to income is usually why. This is a small rural county of 11,278 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 $1,575 per year at 0.63%
$400,000 home $2,520 per year at 0.63%
$600,000 home $3,780 per year at 0.63%

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

Housing and income

Green County, Kentucky against Kentucky and the country
Green County Kentucky United States
Effective property tax 0.63% 0.77% 0.98%
Median tax bill $752 $1,472 $2,969
Median home value $118,900 $192,300 $303,400
Median gross rent $612 $933 $1,348
Median household income $41,087 $62,417 $78,538
Home price to income 2.89× 3.08× 3.86×
Rent as share of income 17.87% 17.94% 20.6%
Owner-occupied 76.56% 68.28% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 11,278.

Nearby counties of similar size

Other Kentucky counties
County Rate Median bill Home value
Owen County 0.75% $1,231 $165,000
Monroe County 0.77% $892 $116,300
Martin County 0.77% $657 $84,900
Magoffin County 0.73% $643 $88,300
Carroll County 0.76% $982 $129,800

Green County property tax: common questions

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

The effective rate is 0.63% of home value, from a median tax bill of $752 against a median home value of $118,900. That is 0.35 points below the national 0.98%.

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

Roughly $2,520 a year at the county effective rate of 0.63%.

Is Green County expensive compared with the rest of Kentucky?

It ranks #90 of 116 Kentucky counties by effective property tax rate, and #1980 of 2,826 nationally. That is 0.14 points below the Kentucky average of 0.77%.

What does housing cost in Green County?

The median home is worth $118,900 and median gross rent is $612 a month. Median household income is $41,087, which puts the home at 2.89 times annual income and rent at 17.87% of it.