StateRates

Hopkins County, Kentucky property tax

The median homeowner in Hopkins County, Kentucky pays $1,057 a year in property tax on a home worth $128,800, an effective rate of 0.82%. The national effective rate is 0.98%.

Effective rate 0.82% #20 of 116 in Kentucky
Median tax bill $1,057 per year
Median home value $128,800 owner-occupied
Median income $57,610 household

What the rate means here

At 0.82%, Hopkins County taxes property more lightly than the national 0.98%. That puts the median bill at $1,057. Rates this low usually mean the state, rather than the county, carries more of the school funding.

It ranks #20 of 116 Kentucky counties by effective rate, against a statewide 0.77%, and #1,410 nationally. The state runs from 1.06% in Campbell County down to 0.48% in Rockcastle County.

The median home costs 2.24 times the median household income of $57,610, against 3.86 nationally, which is a comfortable ratio by American standards. 71.75% of occupied homes are owned rather than rented, and cheap housing relative to income is usually why. With 45,143 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 $2,050 per year at 0.82%
$400,000 home $3,280 per year at 0.82%
$600,000 home $4,920 per year at 0.82%

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

Housing and income

Hopkins County, Kentucky against Kentucky and the country
Hopkins County Kentucky United States
Effective property tax 0.82% 0.77% 0.98%
Median tax bill $1,057 $1,472 $2,969
Median home value $128,800 $192,300 $303,400
Median gross rent $841 $933 $1,348
Median household income $57,610 $62,417 $78,538
Home price to income 2.24× 3.08× 3.86×
Rent as share of income 17.52% 17.94% 20.6%
Owner-occupied 71.75% 68.28% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 45,143.

Nearby counties of similar size

Other Kentucky counties
County Rate Median bill Home value
Barren County 0.73% $1,212 $166,900
Henderson County 0.88% $1,455 $165,700
Nelson County 0.80% $1,782 $224,100
Boyd County 0.98% $1,233 $126,300
Shelby County 0.81% $2,248 $277,500

Hopkins County property tax: common questions

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

The effective rate is 0.82% of home value, from a median tax bill of $1,057 against a median home value of $128,800. That is 0.16 points below the national 0.98%.

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

Roughly $3,280 a year at the county effective rate of 0.82%.

Is Hopkins County expensive compared with the rest of Kentucky?

It ranks #20 of 116 Kentucky counties by effective property tax rate, and #1410 of 2,826 nationally. That is 0.05 points above the Kentucky average of 0.77%.

What does housing cost in Hopkins County?

The median home is worth $128,800 and median gross rent is $841 a month. Median household income is $57,610, which puts the home at 2.24 times annual income and rent at 17.52% of it.