40144 Property Tax Rate

Property owners in ZIP code 40144 (Harned, Kentucky) pay a median of $1,523/year in property taxes on homes valued at $204,200. This translates to an effective tax rate of 0.75%, which is near the Kentucky state average of 0.75%.

The monthly property tax burden for a median-valued home in 40144 is approximately $127, which factors into escrow payments on mortgages. This ZIP code is located within Breckinridge County. This is $426 more than the Kentucky average of $1,097/year.

Compared to similar ZIP codes in Kentucky, 40144 has lower property taxes. ZIP codes with similar effective rates include 42024 (0.75%) and 41501 (0.74%).

In Harned, property taxes represent approximately 3.8% of the median household income of $40,496, 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. Breckinridge County homeowners should contact the Breckinridge County Property Valuation Administrator to inquire about exemptions for seniors, disabled persons, and veterans. File your exemption application with the Breckinridge County Property Valuation Administrator immediately after closing to access available tax benefits.