42728 Property Tax Rate

Property owners in ZIP code 42728 (Columbia, Kentucky) pay a median of $930/year in property taxes on homes valued at $134,100. This translates to an effective tax rate of 0.69%, which is 8% below the Kentucky state average of 0.75%.

The monthly property tax burden for a median-valued home in 42728 is approximately $78, which factors into escrow payments on mortgages. This ZIP code is located within Adair County.

Compared to similar ZIP codes in Kentucky, 42728 has higher property taxes. ZIP codes with similar effective rates include 42020 (0.69%) and 42501 (0.69%).

In Columbia, property taxes represent approximately 1.9% of the median household income of $49,063, providing context for the relative tax burden on homeowners in this area.

Kentucky reassesses property at fair market value when transferred, and the Adair County PVA will issue a new assessment based on your purchase price. Homeowners age 65 or older and disabled persons can file for the Homestead Exemption, which shields $33,300 of assessed value from county and school taxes — submit your application to the Adair County Property Valuation Administrator immediately after closing. This exemption typically saves qualified homeowners $400–$600 annually.