ZIP Code 42553

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

Median household income
$52,737
Per-capita income
$29,557
Median home value
$166,900
Property tax rate
0.63%
Combined sales tax
6.00%

Homes in the 42553 ZIP code, around Somerset, carry a median value of $154,500, and the county's 0.63% effective property tax rate works out to roughly $973 a year on a home at that price. With median household income at $52,737 and per-capita income of $29,557, that tax bill takes up a little under two percent of a household's annual earnings. Sales tax across the area sits at 6.00%. Buyers here face a housing market where prices stay within reach of local paychecks, and the property tax drawn on those homes stays proportionate to what people earn.

See how Somerset, KY taxes stack up

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