42374 Property Tax Rate

Property owners in ZIP code 42374 (South Carrollton, Kentucky) pay a median of $1,028/year in property taxes on homes valued at $119,200. This translates to an effective tax rate of 0.86%, which is 15% above the Kentucky state average of 0.75%.

The monthly property tax burden for a median-valued home in 42374 is approximately $86, which factors into escrow payments on mortgages. This ZIP code is located within Muhlenberg County.

Compared to similar ZIP codes in Kentucky, 42374 has lower property taxes. ZIP codes with similar effective rates include 41385 (0.86%) and 40503 (0.86%).

In South Carrollton, property taxes represent approximately 2.5% of the median household income of $40,481, providing context for the relative tax burden on homeowners in this area.

Kentucky property assessments follow the county's reappraisal cycle rather than resetting at sale — you will not automatically see a tax increase when you purchase until Muhlenberg County's next reappraisal cycle begins. Muhlenberg County seniors 65+, disabled persons, and qualifying veterans qualify for homestead exemptions; file your application with the Muhlenberg County Property Valuation Administrator immediately after closing. Check your first assessment notice for the county's appeal deadline and submit a formal objection if comparable sales support a lower value.