Home›Property Tax›Kentucky›Montgomery County
County tax profile · 2026 · Census ACS + IRS data

Property Tax & Income in Montgomery County, Kentucky

Montgomery County has an effective property tax rate of 0.73%. On the median home value of $172,200, that's roughly $1,265 per year. Median household income is $56,396.

Effective Property Tax Rate1
0.73%
median tax $1,265 ÷ median home $172,200
Median Home Value1
$172,200
owner-occupied
Median Household Income1
$56,396
per-capita $29,716
Est. Annual Tax on Median Home1
$1,265
at 0.73% effective rate

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.

MetricMontgomery CountyKentucky (state context)
Effective property tax rate10.73%0.68%
Median home value1$172,200—
State income tax3top rate 3.50%top rate 3.50%
State sales tax36.00% combined6.00% 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 Montgomery County, KY

Buying in Montgomery County, Kentucky means weighing a lower-than-average purchase price against a slightly higher-than-average tax rate. The median home value here sits at $172,200, and the annual property tax bill on that home comes to about $1,265, based on an effective rate of 0.735%. That rate runs above Kentucky's statewide median of 0.675%, and the county ranks 39th of 120 in the state for property taxes. Nationally, though, it stays below the 0.794% median. Households earning a median of $56,396 would devote roughly 2.2% of that income to real-estate taxes, while per-capita income reaches $29,716. Jeffersonville serves as the county's principal town. For a buyer, the tradeoff is clear: comparatively affordable housing stock paired with tax bills that edge past the state norm but remain under the national figure.

Frequently asked questions

What is the property tax rate in Montgomery County, KY?
The effective rate is 0.73% — meaning the median tax bill equals about 0.73% of the median home value.
How much are property taxes on a median home?
On the median home ($172,200), the estimated annual bill is about $1,265.
Is Montgomery County's rate high or low?
Compare it to the state median of 0.68% and the national average near 1.1%.
How does the effective rate differ from my mill rate?
A mill rate is the nominal levy per $1,000 of assessed value. The effective rate reflects what you actually pay after exemptions and assessments — it's the median tax bill as a share of median home value, so it better predicts your real cost.
Will a reassessment raise my tax bill?
Not necessarily. If your home's assessed value rises, your bill can go up, but only if the mill rate and exemptions stay flat. Contact the Montgomery County assessor's office to review your current assessment.
Can I appeal my property tax assessment?
Yes. Most counties allow an appeal when you believe the assessed value exceeds the market value. File with the Montgomery County assessor within the local deadline, typically with comparable sales as evidence.
Sources
[1] U.S. Census Bureau — ACS 5-Year (2023) — Median home value (B25077), median real-estate taxes (B25103), median household income (B19013), per-capita income (B19301).
[2] IRS — Statistics of Income — County income, AGI, and real-estate taxes paid.
[3] Tax Foundation — State income, sales, corporate, and estate/inheritance tax rates.