41264 Property Tax Rate

Property owners in ZIP code 41264 (Ulysses, Kentucky) pay a median of $888/year in property taxes on homes valued at $115,000. This translates to an effective tax rate of 0.77%, which is near the Kentucky state average of 0.75%.

The monthly property tax burden for a median-valued home in 41264 is approximately $74, which factors into escrow payments on mortgages. This ZIP code is located within Lawrence County. This is $209 less than the Kentucky average of $1,097/year.

Compared to similar ZIP codes in Kentucky, 41264 has higher property taxes. ZIP codes with similar effective rates include 40371 (0.77%) and 40229 (0.77%).

In Ulysses, property taxes represent approximately 1.4% of the median household income of $63,981, 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 — Lawrence County's Property Valuation Administrator will reassess your property in the fiscal year following closing. Lawrence County provides a Homestead Exemption for owner-occupied primary residences and a Senior Citizen exemption (age 65+); submit your exemption application to the Lawrence County PVA within 30 days of purchase. Contact the Lawrence County PVA to obtain your assessment notice and confirm the appeal deadline if you believe the value is incorrect.