42280 Property Tax Rate

Property owners in ZIP code 42280 (Sharon Grove, Kentucky) pay a median of $886/year in property taxes on homes valued at $113,200. This translates to an effective tax rate of 0.78%, which is 4% above the Kentucky state average of 0.75%.

The monthly property tax burden for a median-valued home in 42280 is approximately $74, which factors into escrow payments on mortgages. This ZIP code is located within Todd County. This is $211 less than the Kentucky average of $1,097/year.

Compared to similar ZIP codes in Kentucky, 42280 has higher property taxes. ZIP codes with similar effective rates include 40223 (0.78%) and 42462 (0.78%).

Kentucky property taxes reset to current assessed value on the county's reappraisal cycle, not at purchase — you will pay taxes based on the prior owner's assessment until the next county-wide reassessment. Todd County seniors 65+ and disabled residents qualify for homestead exemptions; apply with the Todd County Property Valuation Administrator within 30 days of establishing residency. Review your first assessment notice carefully and file an appeal by the county's published deadline if the value seems inflated.