42349 Property Tax Rate

Property owners in ZIP code 42349 (Horse Branch, Kentucky) pay a median of $446/year in property taxes on homes valued at $103,600. This translates to an effective tax rate of 0.43%, which is 43% below the Kentucky state average of 0.75%.

The monthly property tax burden for a median-valued home in 42349 is approximately $37, which factors into escrow payments on mortgages. This ZIP code is located within Ohio County. This is $651 less than the Kentucky average of $1,097/year.

Compared to similar ZIP codes in Kentucky, 42349 has lower property taxes. ZIP codes with similar effective rates include 42259 (0.43%) and 40322 (0.43%).

In Horse Branch, property taxes represent approximately 0.8% of the median household income of $57,581, providing context for the relative tax burden on homeowners in this area.

If you're considering purchasing a home in 42349, keep in mind that property taxes are based on the assessed value assigned by the local assessor, which may differ from the purchase price. In some states, properties are reassessed at or near the sale price upon transfer of ownership. For the most current tax information for a specific property, consult Ohio County's tax assessor directly.