Property Tax & Income in Grant County, Kentucky
Grant County has an effective property tax rate of 0.68%. On the median home value of $209,500, that's roughly $1,432 per year. Median household income is $69,178.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Grant County | Kentucky (state context) |
|---|---|---|
| Effective property tax rate1 | 0.68% | 0.68% |
| Median home value1 | $209,500 | — |
| State income tax3 | top rate 3.50% | top rate 3.50% |
| State sales tax3 | 6.00% combined | 6.00% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Grant County, KY
Someone shopping for a home in Grant County, Kentucky, will find median values around $209,500, which sits below many parts of the country. That price tag carries an annual property tax bill of roughly $1,432, based on an effective rate of 0.684%. Statewide, Kentucky's median rate is 0.675%, so this county runs slightly higher, ranking 58th out of 120 counties. Against the national median of 0.794%, though, Grant County still comes in lower. Households here earn a median of $69,178, while per-capita income reaches $31,323. Among the communities of Corinth, Dry Ridge, and Jonesville, Dry Ridge is the largest. Buyers weighing affordability will notice that both the median home price and the resulting tax bill stay within reach for many budgets, even if the local rate edges past the state average.