41097 Property Tax Rate

Property owners in ZIP code 41097 (Williamstown, Kentucky) pay a median of $1,330/year in property taxes on homes valued at $166,100. This translates to an effective tax rate of 0.80%, which is 6% above the Kentucky state average of 0.75%.

The monthly property tax burden for a median-valued home in 41097 is approximately $111, which factors into escrow payments on mortgages. This ZIP code is located within Grant County. This is $233 more than the Kentucky average of $1,097/year.

Compared to similar ZIP codes in Kentucky, 41097 has higher property taxes. ZIP codes with similar effective rates include 40390 (0.80%) and 40107 (0.80%).

In Williamstown, property taxes represent approximately 1.9% of the median household income of $70,114, 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 — contact the Grant County Property Valuation Administrator immediately after closing to confirm your assessment and understand your local exemption options. Grant County offers a Homestead Exemption for owner-occupied primary residences; file your application with the Grant County PVA to reduce your taxable assessment. Request a Property Tax Adjustment Form if you believe your assessed value exceeds fair market value and submit any appeal within the statutory deadline provided by the PVA.