Kentucky · FIPS 21173 · ACS 2020–2024
Montgomery County, Kentucky property tax rate
Homeowners in Montgomery County paid a median of $1,265 a year in real estate taxes on a median home value of $172,200 (2020–2024 survey). Taxes came to 0.75% of home value, 0% above the Kentucky rate of 0.74% and 21% below the U.S. rate of 0.94%.
- 0.75%Effective tax rate±0.15% margin · Kentucky: 0.74%
- $1,265Median tax per yearKentucky: $1,544 · U.S.: $3,119
- $172,200Median home valueKentucky: $205,600
- 7,518Owner-occupied homes68% of households own
| Measure | Montgomery County | Kentucky | U.S. | Montgomery County 2019–2023 | Change |
|---|---|---|---|---|---|
| Effective tax rate | 0.75% | 0.74% | 0.94% | 0.75% | no change |
| Median tax, all owners | $1,265 | $1,544 | $3,119 | $1,222 | +$43 (+3.5%) |
| Median tax, with a mortgage | $1,410 | $1,798 | $3,489 | $1,393 | +$17 (+1.2%) |
| Median tax, no mortgage | $983 | $1,201 | $2,576 | $936 | +$47 (+5.0%) |
| Median home value | $172,200 | $205,600 | $332,700 | $163,800 | +$8,400 (+5.1%) |
| Total taxes paid | $11,763,400 | $2,343,946,100 | $360,573,527,500 | $10,500,900 |
How Montgomery County compares
- Per $1,000 of home value, owners here paid about $7.47 a year, against $7.45 statewide and $9.40 nationally.
- Rank in Kentucky: 88 of 104 counties from lowest to highest effective rate (among those with reliable estimates). Nationally, 48% of 2,682 counties had a lower rate.
- Homes with a mortgage: 0.73% of value; homes without one: 0.77%. Median bills: $1,410 and $983.
- Compared with the 2019–2023 survey, the effective rate fell (no change) and the median tax changed +$43 (+3.5%). 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 0.75% ± 0.15% at 90% confidence, from a sample of the 7,518 owner-occupied homes.
Kentucky counties with similar rates
| County | Effective rate | Median tax | Median value |
|---|---|---|---|
| Bracken County | 0.73% | $1,149 | $125,000 |
| Hopkins County | 0.73% | $1,104 | $142,800 |
| Shelby County | 0.73% | $2,339 | $304,800 |
| Henry County | 0.73% | $1,611 | $197,900 |
| Harlan County | 0.74% | $732 | $73,700 |
| Nelson County | 0.74% | $1,891 | $238,000 |
| Clark County | 0.75% | $1,451 | $205,800 |
| Boyle County | 0.76% | $1,731 | $209,900 |
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.