40336 Property Tax Rate

Property owners in ZIP code 40336 (Irvine, Kentucky) pay a median of $780/year in property taxes on homes valued at $114,500. This translates to an effective tax rate of 0.68%, which is 10% below the Kentucky state average of 0.75%.

The monthly property tax burden for a median-valued home in 40336 is approximately $65, which factors into escrow payments on mortgages. This ZIP code is located within Estill County. This is $317 less than the Kentucky average of $1,097/year.

Compared to similar ZIP codes in Kentucky, 40336 has higher property taxes. ZIP codes with similar effective rates include 42348 (0.68%) and 42372 (0.68%).

In Irvine, property taxes represent approximately 1.7% of the median household income of $45,060, providing context for the relative tax burden on homeowners in this area.

Kentucky uses a statewide property valuation cycle (every 4–6 years) without reassessment at sale; the Estill County Property Valuation Administrator makes annual adjustments based on state assessment guidelines. Estill County provides Senior/Disabled Property Tax Credit eligibility for owners 65+ or permanently disabled with qualifying income, and may offer municipal Homestead Exemptions — contact the Estill County PVA to confirm available programs for your address. Request your Notice of Assessment from the Estill County PVA and file exemption/credit paperwork within 60 days of purchase to secure available relief.