42420 Property Tax Rate
Henderson, Kentucky · Part of Henderson County
Effective Tax Rate
0.92%
37.8% above state avgMedian Annual Tax
$1,512
$126/mo escrow
Estimate Your Tax
Annual Tax
$1,512
Monthly
$126
Eff. Rate
0.92%
How ZIP 42420 Compares
Median Annual Property Tax
ZIP 42420
0.92%
Effective rate
Kentucky Avg
0.75%
Effective rate
National Avg
1.10%
Effective rate
State Ranking
Property Tax Rank in Kentucky
Higher than 83% of ZIP codes in Kentucky(83th percentile, 621 ZIPs compared)
Property Tax Analysis
Property Tax Insights for ZIP 42420
Property owners in ZIP code 42420 (Henderson, Kentucky) pay a median of $1,512/year in property taxes on homes valued at $164,800. This translates to an effective tax rate of 0.92%, which is 22% above the Kentucky state average of 0.75%.
The monthly property tax burden for a median-valued home in 42420 is approximately $126, which factors into escrow payments on mortgages. This ZIP code is located within Henderson County. This is $415 more than the Kentucky average of $1,097/year.
Compared to similar ZIP codes in Kentucky, 42420 has lower property taxes. ZIP codes with similar effective rates include 40047 (0.92%) and 40013 (0.92%).
In Henderson, property taxes represent approximately 2.7% of the median household income of $56,661, providing context for the relative tax burden on homeowners in this area.
Kentucky has no statewide reassessment-at-sale requirement — your property taxes follow Henderson County's reappraisal cycle, which may not update for several years after your purchase. Henderson County offers homestead exemptions for owners 65+, disabled residents, and qualifying veterans; file your application with the Henderson County Property Valuation Administrator within 30 days of establishing residency. Request your assessment details and file a timely appeal if you believe the valuation does not reflect current market conditions.
Frequently Asked Questions
What is the property tax rate in ZIP code 42420?
How much are property taxes in Henderson, KY (42420)?
How does ZIP 42420 compare to the Kentucky average?
What is the median home value in ZIP 42420?
What county is ZIP code 42420 in?
Margin of Error
The median property tax estimate for this ZIP code has a margin of error of ±$134. ZCTA-level data has wider margins than county-level estimates due to smaller sample sizes.
County-Level Data
ZIP code 42420 is part of Henderson County, Kentucky. View the full county profile for broader context and more data.
View Henderson County on TaxByCounty →Similar ZIP Codes in Kentucky
40047
+0.00%Mount Washington
0.92%
$2,382/yr
40013
+0.00%Coxs Creek
0.92%
$2,217/yr
40516
+0.00%Lexington
0.92%
$2,297/yr
41011
+0.00%Covington
0.92%
$2,477/yr
40056
-0.00%Pewee Valley
0.91%
$2,922/yr
40059
+0.00%Prospect
0.92%
$4,916/yr
40810
-0.00%Bledsoe
0.91%
$581/yr
41268
-0.00%West Van Lear
0.91%
$1,233/yr
40026
-0.00%Goshen
0.91%
$3,884/yr
40050
+0.01%New Castle
0.92%
$1,225/yr
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates (ZCTA level). ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes.
Estimates are informational only and should not be used as financial or legal advice.