Kentucky · FIPS 21015 · ACS 2020–2024
Boone County, Kentucky property tax rate
Homeowners in Boone County paid a median of $2,372 a year in real estate taxes on a median home value of $277,300 (2020–2024 survey). Taxes came to 0.84% of home value, 13% above the Kentucky rate of 0.74% and 10% below the U.S. rate of 0.94%.
- 0.84%Effective tax rate±0.04% margin · Kentucky: 0.74%
- $2,372Median tax per yearKentucky: $1,544 · U.S.: $3,119
- $277,300Median home valueKentucky: $205,600
- 38,868Owner-occupied homes76% of households own
| Measure | Boone County | Kentucky | U.S. | Boone County 2019–2023 | Change |
|---|---|---|---|---|---|
| Effective tax rate | 0.84% | 0.74% | 0.94% | 0.86% | −0.02 pts |
| Median tax, all owners | $2,372 | $1,544 | $3,119 | $2,273 | +$99 (+4.4%) |
| Median tax, with a mortgage | $2,496 | $1,798 | $3,489 | $2,394 | +$102 (+4.3%) |
| Median tax, no mortgage | $1,984 | $1,201 | $2,576 | $1,922 | +$62 (+3.2%) |
| Median home value | $277,300 | $205,600 | $332,700 | $253,200 | +$24,100 (+9.5%) |
| Total taxes paid | $100,245,600 | $2,343,946,100 | $360,573,527,500 | $95,235,600 |
How Boone County compares
- Per $1,000 of home value, owners here paid about $8.42 a year, against $7.45 statewide and $9.40 nationally.
- Rank in Kentucky: 97 of 104 counties from lowest to highest effective rate (among those with reliable estimates). Nationally, 57% of 2,682 counties had a lower rate.
- Homes with a mortgage: 0.85% of value; homes without one: 0.82%. Median bills: $2,496 and $1,984.
- Compared with the 2019–2023 survey, the effective rate fell (−0.02 pts) and the median tax changed +$99 (+4.4%). The two 5-year surveys share four years of responses, so year-to-year moves are small and partly noise.
- Margin of error: the effective rate is 0.84% ± 0.04% at 90% confidence, from a sample of the 38,868 owner-occupied homes.
Kentucky counties with similar rates
| County | Effective rate | Median tax | Median value |
|---|---|---|---|
| McCracken County | 0.79% | $1,410 | $188,100 |
| Boyd County | 0.79% | $1,156 | $130,700 |
| Union County | 0.80% | $927 | $104,500 |
| Daviess County | 0.81% | $1,675 | $199,900 |
| Fayette County | 0.84% | $2,542 | $293,500 |
| Bullitt County | 0.84% | $2,050 | $247,200 |
| Jefferson County | 0.85% | $2,136 | $248,400 |
| Henderson County | 0.86% | $1,548 | $171,900 |
Sources
- U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates, table-based summary file: B25090 (aggregate real estate taxes), B25082 (aggregate home value), B25103 (median real estate taxes), B25077 (median home value) and B25003 (tenure); files dated January 29, 2026.
- U.S. Census Bureau, American Community Survey 2019–2023 5-year estimates, same tables (files dated October 31, 2024), for the comparison column.
- Geography names: Census Bureau Geos20245YR.txt (file dated January 22, 2026).
Effective rate = total real estate taxes paid by owner-occupied homes ÷ their total value, as reported by owners to the Census Bureau. It is not a millage rate. Your bill depends on your assessed value, exemptions (such as homestead) and local levies.