42539 Property Tax Rate

Property owners in ZIP code 42539 (Liberty, Kentucky) pay a median of $701/year in property taxes on homes valued at $129,600. 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 42539 is approximately $58, which factors into escrow payments on mortgages. This ZIP code is located within Casey County. This is $396 less than the Kentucky average of $1,097/year.

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

In Liberty, property taxes represent approximately 1.8% of the median household income of $39,988, providing context for the relative tax burden on homeowners in this area.

Kentucky reassesses property to market value at sale with no state cap — the Casey County Property Valuation Administrator will issue a new assessment based on your purchase price and comparable properties. Senior and disabled homeowners in Casey County qualify for homestead exemptions; contact the Casey County PVA to determine your eligibility and file before the annual deadline (typically mid-year). Request the current exemption application and deadline from the Casey County PVA office.