42083 Property Tax Rate

Property owners in ZIP code 42083 (Tiline, Kentucky) pay a median of $270/year in property taxes on homes valued at $118,800. This translates to an effective tax rate of 0.23%, which is 70% below the Kentucky state average of 0.75%.

The monthly property tax burden for a median-valued home in 42083 is approximately $23, which factors into escrow payments on mortgages. This ZIP code is located within Livingston County. This is $827 less than the Kentucky average of $1,097/year.

Compared to similar ZIP codes in Kentucky, 42083 has higher property taxes. ZIP codes with similar effective rates include 41722 (0.23%) and 41132 (0.20%).

In Tiline, property taxes represent approximately 0.5% of the median household income of $55,294, 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.