40486 Property Tax Rate

Property owners in ZIP code 40486 (Tyner, Kentucky) pay a median of $799/year in property taxes on homes valued at $121,900. This translates to an effective tax rate of 0.66%, which is 13% below the Kentucky state average of 0.75%.

The monthly property tax burden for a median-valued home in 40486 is approximately $67, which factors into escrow payments on mortgages. This ZIP code is located within Jackson County. This is $298 less than the Kentucky average of $1,097/year.

Compared to similar ZIP codes in Kentucky, 40486 has higher property taxes. ZIP codes with similar effective rates include 40337 (0.66%) and 41557 (0.65%).

In Tyner, property taxes represent approximately 1.3% of the median household income of $59,987, providing context for the relative tax burden on homeowners in this area.

Kentucky's property tax system relies on periodic statewide valuations (every 4–6 years) without reassessment at sale; the Jackson County Property Valuation Administrator applies annual adjustments. Jackson County residents 65+ or permanently disabled may qualify for the State Senior/Disabled Property Tax Credit if income meets state thresholds, plus possible municipal Homestead Exemptions — contact the Jackson County PVA for program specifics. Request your official Notice of Assessment and submit all exemption/credit applications to the Jackson County PVA within 60 days of closing.