40040 Property Tax Rate

Property owners in ZIP code 40040 (Mackville, Kentucky) pay a median of $682/year in property taxes on homes valued at $143,900. This translates to an effective tax rate of 0.47%, which is 37% below the Kentucky state average of 0.75%.

The monthly property tax burden for a median-valued home in 40040 is approximately $57, which factors into escrow payments on mortgages. This ZIP code is located within Washington County. This is $415 less than the Kentucky average of $1,097/year.

Compared to similar ZIP codes in Kentucky, 40040 has higher property taxes. ZIP codes with similar effective rates include 41143 (0.47%) and 42131 (0.47%).

In Mackville, property taxes represent approximately 2.6% of the median household income of $26,369, providing context for the relative tax burden on homeowners in this area.

Kentucky reassesses property at fair market value upon sale with no statewide cap; most counties use the assessment-to-value ratio set by state law. Washington County homeowners should contact the Washington County Property Valuation Administrator to inquire about exemptions for seniors, disabled persons, and veterans. File exemption applications with the Washington County Property Valuation Administrator immediately after purchase to activate relief.