StateRates

Oldham County, Kentucky property tax

The median homeowner in Oldham County, Kentucky pays $3,454 a year in property tax on a home worth $375,000, an effective rate of 0.92%. The national effective rate is 0.98%.

Effective rate 0.92% #9 of 116 in Kentucky
Median tax bill $3,454 per year
Median home value $375,000 owner-occupied
Median income $121,491 household

What the rate means here

Oldham County taxes property at 0.92%, within a rounding error of the national 0.98%. With the rate close to typical, the $3,454 bill is driven by what housing is worth here rather than by how hard it is taxed.

It ranks #9 of 116 Kentucky counties by effective rate, against a statewide 0.77%, and #1,202 nationally. The state runs from 1.06% in Campbell County down to 0.48% in Rockcastle County.

The median home costs 3.09 times the median household income of $121,491, close to the national 3.86. Incomes here run above the national median, which is what keeps that ratio ordinary despite the house prices. With 68,600 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 $2,300 per year at 0.92%
$400,000 home $3,680 per year at 0.92%
$600,000 home $5,520 per year at 0.92%

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

Housing and income

Oldham County, Kentucky against Kentucky and the country
Oldham County Kentucky United States
Effective property tax 0.92% 0.77% 0.98%
Median tax bill $3,454 $1,472 $2,969
Median home value $375,000 $192,300 $303,400
Median gross rent $1,142 $933 $1,348
Median household income $121,491 $62,417 $78,538
Home price to income 3.09× 3.08× 3.86×
Rent as share of income 11.28% 17.94% 20.6%
Owner-occupied 88.05% 68.28% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 68,600.

Nearby counties of similar size

Other Kentucky counties
County Rate Median bill Home value
McCracken County 0.73% $1,342 $182,900
Pulaski County 0.65% $1,010 $156,300
Christian County 0.71% $1,065 $149,200
Laurel County 0.59% $845 $143,400
Scott County 0.68% $1,800 $264,200

Oldham County property tax: common questions

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

The effective rate is 0.92% of home value, from a median tax bill of $3,454 against a median home value of $375,000. That is 0.06 points below the national 0.98%.

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

Roughly $3,680 a year at the county effective rate of 0.92%.

Is Oldham County expensive compared with the rest of Kentucky?

It ranks #9 of 116 Kentucky counties by effective property tax rate, and #1202 of 2,826 nationally. That is 0.15 points above the Kentucky average of 0.77%.

What does housing cost in Oldham County?

The median home is worth $375,000 and median gross rent is $1,142 a month. Median household income is $121,491, which puts the home at 3.09 times annual income and rent at 11.28% of it.