Property Tax & Income in Wolfe County, Kentucky
Wolfe County has an effective property tax rate of 0.55%. On the median home value of $75,800, that's roughly $414 per year. Median household income is $30,417.
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 | Wolfe County | Kentucky (state context) |
|---|---|---|
| Effective property tax rate1 | 0.55% | 0.68% |
| Median home value1 | $75,800 | — |
| 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 Wolfe County, KY
Buying a home in Wolfe County costs far less than in most of Kentucky. The median home value here is $75,800, and the median annual property tax bill comes to just $414, based on an effective rate of 0.546%. That rate sits below Kentucky's statewide median of 0.675% and well under the national figure of 0.794%. Among the state's 120 counties, Wolfe County ranks 111th for property tax rate, meaning only a handful of places charge less. Households here earn a median of $30,417, with per-capita income at $17,627, so the tax bill stays small against local wages. Rogers is the main town in the county, and buyers searching there will find some of the lowest combined home prices and tax costs available anywhere in Kentucky.