Greenup County, Kentucky property tax
The median homeowner in Greenup County, Kentucky pays $1,273 a year in property tax on a home worth $135,300, an effective rate of 0.94%. The national effective rate is 0.98%.
What the rate means here
Greenup County taxes property at 0.94%, within a rounding error of the national 0.98%. With the rate close to typical, the $1,273 bill is driven by what housing is worth here rather than by how hard it is taxed.
It ranks #6 of 116 Kentucky counties by effective rate, against a statewide 0.77%, and #1,157 nationally. The state runs from 1.06% in Campbell County down to 0.48% in Rockcastle County.
The median home costs 2.27 times the median household income of $59,613, against 3.86 nationally, which is a comfortable ratio by American standards. 80.51% of occupied homes are owned rather than rented, and cheap housing relative to income is usually why. With 35,639 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
Arithmetic at the county effective rate, before any exemption or assessment cap.
Housing and income
| Greenup County | Kentucky | United States | |
|---|---|---|---|
| Effective property tax | 0.94% | 0.77% | 0.98% |
| Median tax bill | $1,273 | $1,472 | $2,969 |
| Median home value | $135,300 | $192,300 | $303,400 |
| Median gross rent | $836 | $933 | $1,348 |
| Median household income | $59,613 | $62,417 | $78,538 |
| Home price to income | 2.27× | 3.08× | 3.86× |
| Rent as share of income | 16.83% | 17.94% | 20.6% |
| Owner-occupied | 80.51% | 68.28% | 65.02% |
Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 35,639.
Nearby counties of similar size
| County | Rate | Median bill | Home value |
|---|---|---|---|
| Floyd County | 0.75% | $697 | $93,300 |
| Graves County | 0.67% | $929 | $139,000 |
| Whitley County | 0.66% | $792 | $120,600 |
| Clark County | 0.73% | $1,448 | $197,900 |
| Calloway County | 0.67% | $1,215 | $181,200 |
Greenup County property tax: common questions
What is the property tax rate in Greenup County, Kentucky?
The effective rate is 0.94% of home value, from a median tax bill of $1,273 against a median home value of $135,300. That is 0.04 points below the national 0.98%.
How much is property tax on a $400,000 home in Greenup County?
Roughly $3,760 a year at the county effective rate of 0.94%.
Is Greenup County expensive compared with the rest of Kentucky?
It ranks #6 of 116 Kentucky counties by effective property tax rate, and #1157 of 2,826 nationally. That is 0.17 points above the Kentucky average of 0.77%.
What does housing cost in Greenup County?
The median home is worth $135,300 and median gross rent is $836 a month. Median household income is $59,613, which puts the home at 2.27 times annual income and rent at 16.83% of it.