42023 Property Tax Rate

Property owners in ZIP code 42023 (Bardwell, Kentucky) pay a median of $857/year in property taxes on homes valued at $114,200. This translates to an effective tax rate of 0.75%, which is near the Kentucky state average of 0.75%.

The monthly property tax burden for a median-valued home in 42023 is approximately $71, which factors into escrow payments on mortgages. This ZIP code is located within Carlisle County. This is $240 less than the Kentucky average of $1,097/year.

Compared to similar ZIP codes in Kentucky, 42023 has higher property taxes. ZIP codes with similar effective rates include 41008 (0.75%) and 40489 (0.75%).

In Bardwell, property taxes represent approximately 1.4% of the median household income of $62,250, providing context for the relative tax burden on homeowners in this area.

Kentucky eliminates any assessment protection at the point of sale, reassessing all property to fair market value and removing reliance on prior tax history. Carlisle County's Homestead Exemption exempts a fixed dollar amount or percentage of assessed value from school taxes for primary residences — contact the Carlisle County Property Valuation Administrator to apply within 60 days of purchase. Request documentation of your exemption status to avoid overpayment on your first bill.