StateRates

Metcalfe County, Kentucky property tax

The median homeowner in Metcalfe County, Kentucky pays $743 a year in property tax on a home worth $103,100, an effective rate of 0.72%. The national effective rate is 0.98%.

Effective rate 0.72% #60 of 116 in Kentucky
Median tax bill $743 per year
Median home value $103,100 owner-occupied
Median income $48,572 household

What the rate means here

At 0.72%, Metcalfe County taxes property more lightly than the national 0.98%. With a median home at $103,100, that produces a bill of $743. Somebody still funds the schools, so it is worth knowing what a low-tax county collects instead.

It ranks #60 of 116 Kentucky counties by effective rate, against a statewide 0.77%, and #1,692 nationally. The state runs from 1.06% in Campbell County down to 0.48% in Rockcastle County.

The median home costs 2.12 times the median household income of $48,572, against 3.86 nationally, which is a comfortable ratio by American standards. 75.27% of occupied homes are owned rather than rented, and cheap housing relative to income is usually why. This is a small rural county of 10,372 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 $1,800 per year at 0.72%
$400,000 home $2,880 per year at 0.72%
$600,000 home $4,320 per year at 0.72%

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

Housing and income

Metcalfe County, Kentucky against Kentucky and the country
Metcalfe County Kentucky United States
Effective property tax 0.72% 0.77% 0.98%
Median tax bill $743 $1,472 $2,969
Median home value $103,100 $192,300 $303,400
Median gross rent $549 $933 $1,348
Median household income $48,572 $62,417 $78,538
Home price to income 2.12× 3.08× 3.86×
Rent as share of income 13.56% 17.94% 20.6%
Owner-occupied 75.27% 68.28% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 10,372.

Nearby counties of similar size

Other Kentucky counties
County Rate Median bill Home value
Leslie County 0.72% $532 $74,100
Carroll County 0.76% $982 $129,800
Martin County 0.77% $657 $84,900
Owen County 0.75% $1,231 $165,000
Green County 0.63% $752 $118,900

Metcalfe County property tax: common questions

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

The effective rate is 0.72% of home value, from a median tax bill of $743 against a median home value of $103,100. That is 0.26 points below the national 0.98%.

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

Roughly $2,880 a year at the county effective rate of 0.72%.

Is Metcalfe County expensive compared with the rest of Kentucky?

It ranks #60 of 116 Kentucky counties by effective property tax rate, and #1692 of 2,826 nationally. That is 0.05 points below the Kentucky average of 0.77%.

What does housing cost in Metcalfe County?

The median home is worth $103,100 and median gross rent is $549 a month. Median household income is $48,572, which puts the home at 2.12 times annual income and rent at 13.56% of it.