42053 Property Tax Rate

Property owners in ZIP code 42053 (Kevil, Kentucky) pay a median of $1,077/year in property taxes on homes valued at $162,600. This translates to an effective tax rate of 0.66%, which is 12% below the Kentucky state average of 0.75%.

The monthly property tax burden for a median-valued home in 42053 is approximately $90, which factors into escrow payments on mortgages. This ZIP code is located within Ballard County.

Compared to similar ZIP codes in Kentucky, 42053 has lower property taxes. ZIP codes with similar effective rates include 42085 (0.66%) and 40178 (0.66%).

In Kevil, property taxes represent approximately 1.5% of the median household income of $70,617, providing context for the relative tax burden on homeowners in this area.

Kentucky reassesses every property to fair market value upon sale, resetting the tax base to the current purchase price with no carryover of prior owner benefits. Ballard County offers a Homestead Exemption reducing taxable value for school district taxes on owner-occupied homes — file your claim with the Ballard County Property Valuation Administrator before your first tax bill is issued. Verify the exemption appears on your assessment notice and keep confirmation documentation for future reference.