40813 Property Tax Rate

Property owners in ZIP code 40813 (Calvin, Kentucky) pay a median of $876/year in property taxes on homes valued at $162,500. This translates to an effective tax rate of 0.54%, which is 28% below the Kentucky state average of 0.75%.

The monthly property tax burden for a median-valued home in 40813 is approximately $73, which factors into escrow payments on mortgages. This ZIP code is located within Bell County. This is $221 less than the Kentucky average of $1,097/year.

Compared to similar ZIP codes in Kentucky, 40813 has lower property taxes. ZIP codes with similar effective rates include 40037 (0.54%) and 40763 (0.54%).

In Calvin, property taxes represent approximately 1.4% of the median household income of $62,381, providing context for the relative tax burden on homeowners in this area.

Kentucky reassesses property to market value at sale without an annual cap — the Bell County Property Valuation Administrator will establish your new assessed value based on your purchase price. Bell County provides homestead exemptions for primary residences and special exemptions for seniors 65+ and disabled homeowners; file with the Bell County PVA within 30 days of closing to claim your exemption. Visit the Bell County Property Valuation Administrator's office to obtain the exemption application and learn your county's current exemption amount and filing deadline.