ZIP Code 40347

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

Median household income
$85,270
Per-capita income
$49,045
Median home value
$299,700
Property tax rate
0.70%
Combined sales tax
6.00%

ZIP code 40347, in the Frankfort area, sits comfortably in middle- to upper-income territory. A median household income of $85,270 and per-capita income of $49,045 place it above many Kentucky communities, while a median home value of $354,000 reflects a fairly strong local housing market. Property taxes run at an effective 0.70% at the county level, so owners pay a comparatively gentle share of that home value each year. Add a 6.00% combined sales tax, and the overall tax picture stays moderate against the earnings and property values recorded here.

See how Frankfort, KY taxes stack up

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