42130 Property Tax Rate

Property owners in ZIP code 42130 (Eighty Eight, Kentucky) pay a median of $1,575/year in property taxes on homes valued at $191,300. This translates to an effective tax rate of 0.82%, which is 9% above the Kentucky state average of 0.75%.

The monthly property tax burden for a median-valued home in 42130 is approximately $131, which factors into escrow payments on mortgages. This ZIP code is located within Barren County. This is $478 more than the Kentucky average of $1,097/year.

Compared to similar ZIP codes in Kentucky, 42130 has lower property taxes. ZIP codes with similar effective rates include 40862 (0.82%) and 41219 (0.82%).

In Eighty Eight, property taxes represent approximately 1.6% of the median household income of $95,875, providing context for the relative tax burden on homeowners in this area.

Kentucky law requires full reassessment to fair market value upon property transfer; there is no carryover of the previous owner's lower assessment base. Barren County offers a Homestead Exemption for owner-occupied homes that exempts a portion of value from school taxes — contact the Barren County Property Valuation Administrator to file your claim within 60 days of purchase. Request confirmation that your exemption has been entered into the assessment system.