42058 Property Tax Rate

Property owners in ZIP code 42058 (Ledbetter, Kentucky) pay a median of $894/year in property taxes on homes valued at $117,300. This translates to an effective tax rate of 0.76%, which is near the Kentucky state average of 0.75%.

The monthly property tax burden for a median-valued home in 42058 is approximately $75, which factors into escrow payments on mortgages. This ZIP code is located within Livingston County. This is $203 less than the Kentucky average of $1,097/year.

Compared to similar ZIP codes in Kentucky, 42058 has higher property taxes. ZIP codes with similar effective rates include 42048 (0.76%) and 42441 (0.76%).

In Ledbetter, property taxes represent approximately 1.4% of the median household income of $64,643, providing context for the relative tax burden on homeowners in this area.

Kentucky mandates reassessment to fair market value upon sale; there is no assessment freeze or deferral mechanism protecting you from the current market valuation. Livingston County's Homestead Exemption reduces assessed value for school taxes on primary residences — file your application with the Livingston County Property Valuation Administrator before the close of the tax year following your purchase. Cross-check your assessment notice to ensure the homestead exemption amount matches the county's published schedule.