Somerset, KY — income, home value, property tax, and sales tax.
In ZIP code 42533, near Somerset, homes carry a median value of $153,100 while the county-level property tax rate sits at 0.63%. That works out to roughly $965 a year in property taxes on a median-priced home. Households here earn a median of $41,000, with per-capita income at $22,263, so the tax bill equals about 2.4% of median household earnings. Sales taxes add 6.00% on purchases. Housing costs stay within reach largely because the tax rate is low, though incomes also trail national figures, shaping what buyers can carry.
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