41064 Property Tax Rate

Property owners in ZIP code 41064 (Mount Olivet, Kentucky) pay a median of $833/year in property taxes on homes valued at $124,700. This translates to an effective tax rate of 0.67%, which is 11% below the Kentucky state average of 0.75%.

The monthly property tax burden for a median-valued home in 41064 is approximately $69, which factors into escrow payments on mortgages. This ZIP code is located within Robertson County. This is $264 less than the Kentucky average of $1,097/year.

Compared to similar ZIP codes in Kentucky, 41064 has lower property taxes. ZIP codes with similar effective rates include 42044 (0.67%) and 42127 (0.67%).

In Mount Olivet, property taxes represent approximately 1.7% of the median household income of $49,500, 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 on increases — Robertson County will revalue your home after closing through the Robertson County Property Valuation Administrator. Robertson County provides a Homestead Exemption for primary residences and a Senior Citizen Real Property Tax Exemption (age 65+); file your application with the Robertson County PVA to reduce your taxable assessment. Request your assessment notice immediately after closing and verify the fair market value against comparable sales in Robertson County.