41031 Property Tax Rate

Property owners in ZIP code 41031 (Cynthiana, Kentucky) pay a median of $1,312/year in property taxes on homes valued at $193,900. 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 41031 is approximately $109, which factors into escrow payments on mortgages. This ZIP code is located within Harrison County. This is $215 more than the Kentucky average of $1,097/year.

Compared to similar ZIP codes in Kentucky, 41031 has lower property taxes. ZIP codes with similar effective rates include 41572 (0.68%) and 40442 (0.68%).

In Cynthiana, property taxes represent approximately 2.1% of the median household income of $62,052, providing context for the relative tax burden on homeowners in this area.

Kentucky does not cap property tax reassessment at sale — your Harrison County home will be reappraised to market value by the county PVA, and future assessments are not limited by statute. Harrison County provides homestead exemptions for primary residences and senior/disabled exemptions; file with the Harrison County Property Valuation Administrator within 30 days of purchase to claim your exemption. Contact the Harrison County PVA immediately to request the homestead exemption form and confirm the current exemption amount for your county.