ZIP Code 40221

Louisville, KY — income, home value, property tax, and sales tax.

Median household income
N/A
Per-capita income
N/A
Median home value
$248,400
Property tax rate
0.86%
Combined sales tax
6.00%

In ZIP code 40221, part of Louisville, the county-level effective property tax rate is 0.86%, so a home's assessed value drives the annual bill directly. A $200,000 house would owe roughly $1,720 each year, while a $300,000 home would owe about $2,580. That gap matters against local earnings, since each added dollar of value raises the tax owed. The combined sales tax rate of 6.00% takes a bite at the register too, trimming what households keep after payday. Together, property taxes and sales taxes shape how far a paycheck stretches and what price range feels workable.