42214 Property Tax Rate

Property owners in ZIP code 42214 (Center, Kentucky) pay a median of $870/year in property taxes on homes valued at $160,800. This translates to an effective tax rate of 0.54%, which is 28% below the Kentucky state average of 0.75%.

The monthly property tax burden for a median-valued home in 42214 is approximately $73, which factors into escrow payments on mortgages. This ZIP code is located within Metcalfe County. This is $227 less than the Kentucky average of $1,097/year.

Compared to similar ZIP codes in Kentucky, 42214 has higher property taxes. ZIP codes with similar effective rates include 42539 (0.54%) and 42602 (0.54%).

In Center, property taxes represent approximately 1.8% of the median household income of $48,281, providing context for the relative tax burden on homeowners in this area.

Kentucky reassesses all property to fair market value at the time of sale, resetting your tax obligation to the current market without any historical assessment protection. Metcalfe County provides a Homestead Exemption for primary residences that reduces taxable value for school district purposes — file your application with the Metcalfe County Property Valuation Administrator before the end of your purchase year. Obtain a copy of your exemption certificate and cross-reference it with your assessment notice.