Home and mortgage

Fayette County, KY Property Tax Calculator

Fayette County homeowners pay a median $2,542 a year in property tax, 0.87% of a median $293,500 home: above Kentucky's 0.75% but below the national 0.94%.

Your numbers

Property tax a year$2,542The answer

Property tax a year

$2,542

At an effective rate of 0.87%, a $293,500 home pays about $2,542 a year in property tax, $212 a month.

A month (for escrow)
$212
Effective rate on the home
0.87%

Property tax in Fayette County by home value, at 0.87%

Home valueA yearA month
$150,000$1,299$108
$220,000$1,905$159
$290,000$2,511$209
$440,000$3,810$318
$590,000$5,109$426

Fayette County against Kentucky and the US

Effective rateMedian taxMedian home valueMedian household income
Fayette County0.87%$2,542$293,500$69,479
Kentucky0.75%$1,544$205,600$63,726
United States0.94%$3,119$332,700$80,734

How this calculator works

Median real estate taxes paid ÷ median home value in Fayette County, from the Census Bureau's American Community Survey 2020–2024 5-year estimates. The calculator starts at the county's median home value and rate.

Questions people ask

What is the property tax rate in Fayette County?

The effective rate is 0.87%: a median $2,542 a year on a median $293,500 home. That's the 4th highest of the 19 Kentucky counties we cover.

How much is property tax on a $400,000 house in Fayette County?

About $3,464 a year, $289 a month, at the county's effective rate, before any exemption.

How does Fayette County compare with the rest of Kentucky?

Its rate is above the state's 0.75%. Across Kentucky, covered counties range from 0.57% to 1.01%.

How do I lower my Fayette County property tax?

Apply for every exemption you qualify for, such as a homestead exemption, and appeal your assessment if it is higher than comparable homes sold nearby; the county assessor explains the deadlines.

Other Kentucky counties

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Sources

Updated by the RateHerald team. The maths is tested against worked examples; report a problem.