42743 Property Tax Rate

Property owners in ZIP code 42743 (Greensburg, Kentucky) pay a median of $745/year in property taxes on homes valued at $117,100. This translates to an effective tax rate of 0.64%, which is 16% below the Kentucky state average of 0.75%.

The monthly property tax burden for a median-valued home in 42743 is approximately $62, which factors into escrow payments on mortgages. This ZIP code is located within Green County. This is $352 less than the Kentucky average of $1,097/year.

Compared to similar ZIP codes in Kentucky, 42743 has lower property taxes. ZIP codes with similar effective rates include 42757 (0.64%) and 40701 (0.64%).

In Greensburg, property taxes represent approximately 1.7% of the median household income of $44,375, providing context for the relative tax burden on homeowners in this area.

Kentucky reassesses all property at fair market value upon sale; expect the Green County PVA to issue a new assessment based on your purchase price within 90 days. The Homestead Exemption for homeowners age 65+ and disabled persons exempts $33,300 of assessed value statewide — apply with the Green County Property Valuation Administrator immediately after you receive your deed. File your exemption claim before year-end to obtain tax relief on your first annual bill.