StateRates

Jessamine County, Kentucky property tax

The median homeowner in Jessamine County, Kentucky pays $1,889 a year in property tax on a home worth $245,100, an effective rate of 0.77%. The national effective rate is 0.98%.

Effective rate 0.77% #29 of 116 in Kentucky
Median tax bill $1,889 per year
Median home value $245,100 owner-occupied
Median income $74,886 household

What the rate means here

At 0.77%, Jessamine County taxes property more lightly than the national 0.98%. That puts the median bill at $1,889. Rates this low usually mean the state, rather than the county, carries more of the school funding.

It ranks #29 of 116 Kentucky counties by effective rate, against a statewide 0.77%, and #1,531 nationally. The state runs from 1.06% in Campbell County down to 0.48% in Rockcastle County.

The median home costs 3.27 times the median household income of $74,886, close to the national 3.86. With 53,792 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 $1,925 per year at 0.77%
$400,000 home $3,080 per year at 0.77%
$600,000 home $4,620 per year at 0.77%

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

Housing and income

Jessamine County, Kentucky against Kentucky and the country
Jessamine County Kentucky United States
Effective property tax 0.77% 0.77% 0.98%
Median tax bill $1,889 $1,472 $2,969
Median home value $245,100 $192,300 $303,400
Median gross rent $994 $933 $1,348
Median household income $74,886 $62,417 $78,538
Home price to income 3.27× 3.08× 3.86×
Rent as share of income 15.93% 17.94% 20.6%
Owner-occupied 69.26% 68.28% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 53,792.

Nearby counties of similar size

Other Kentucky counties
County Rate Median bill Home value
Franklin County 0.84% $1,672 $198,700
Pike County 0.73% $758 $104,200
Scott County 0.68% $1,800 $264,200
Shelby County 0.81% $2,248 $277,500
Boyd County 0.98% $1,233 $126,300

Jessamine County property tax: common questions

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

The effective rate is 0.77% of home value, from a median tax bill of $1,889 against a median home value of $245,100. That is 0.21 points below the national 0.98%.

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

Roughly $3,080 a year at the county effective rate of 0.77%.

Is Jessamine County expensive compared with the rest of Kentucky?

It ranks #29 of 116 Kentucky counties by effective property tax rate, and #1531 of 2,826 nationally. That is 0 points above the Kentucky average of 0.77%.

What does housing cost in Jessamine County?

The median home is worth $245,100 and median gross rent is $994 a month. Median household income is $74,886, which puts the home at 3.27 times annual income and rent at 15.93% of it.