Property Tax & Income in Larue County, Kentucky
Larue County has an effective property tax rate of 0.60%. On the median home value of $183,500, that's roughly $1,104 per year. Median household income is $67,067.
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 | Larue County | Kentucky (state context) |
|---|---|---|
| Effective property tax rate1 | 0.60% | 0.68% |
| Median home value1 | $183,500 | — |
| 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 Larue County, KY
Larue County’s effective property tax rate of 0.602% falls below Kentucky’s statewide median of 0.675% and sits well under the national median of 0.794%. Among the state’s 120 counties, it ranks 97th by rate, placing it among the lower-taxed jurisdictions in Kentucky. That lower rate translates into a median annual real-estate tax bill of $1,104 on a median home value of $183,500. Households here earn a median of $67,067, while per-capita income is $29,539. New Hope is the county’s principal town. The gap between this county’s rate and both the state and national figures signals that property taxes take a smaller share of home value here than in many other places, which can matter for buyers weighing ownership costs.