42764 Property Tax Rate
Mount Sherman, Kentucky · Part of Green County
Effective Tax Rate
0.63%
29.6% below state avgMedian Annual Tax
$772
$64/mo escrow
Estimate Your Tax
Annual Tax
$772
Monthly
$64
Eff. Rate
0.63%
How ZIP 42764 Compares
Median Annual Property Tax
ZIP 42764
0.63%
Effective rate
Kentucky Avg
0.75%
Effective rate
National Avg
1.10%
Effective rate
State Ranking
Property Tax Rank in Kentucky
Lower than 74% of ZIP codes in Kentucky(26th percentile, 621 ZIPs compared)
Property Tax Analysis
Property Tax Insights for ZIP 42764
Property owners in ZIP code 42764 (Mount Sherman, Kentucky) pay a median of $772/year in property taxes on homes valued at $122,800. This translates to an effective tax rate of 0.63%, which is 17% below the Kentucky state average of 0.75%.
The monthly property tax burden for a median-valued home in 42764 is approximately $64, which factors into escrow payments on mortgages. This ZIP code is located within Green County. This is $325 less than the Kentucky average of $1,097/year.
Compared to similar ZIP codes in Kentucky, 42764 has higher property taxes. ZIP codes with similar effective rates include 42327 (0.63%) and 42154 (0.63%).
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.
Frequently Asked Questions
What is the property tax rate in ZIP code 42764?
How much are property taxes in Mount Sherman, KY (42764)?
How does ZIP 42764 compare to the Kentucky average?
What is the median home value in ZIP 42764?
What county is ZIP code 42764 in?
Margin of Error
The median property tax estimate for this ZIP code has a margin of error of ±$483. ZCTA-level data has wider margins than county-level estimates due to smaller sample sizes.
County-Level Data
ZIP code 42764 is part of Green County, Kentucky. View the full county profile for broader context and more data.
View Green County on TaxByCounty →Similar ZIP Codes in Kentucky
42327
-0.00%Calhoun
0.63%
$1,062/yr
42154
+0.00%Knob Lick
0.63%
$561/yr
40060
-0.00%Raywick
0.63%
$1,026/yr
42134
-0.00%Franklin
0.63%
$1,213/yr
41180
-0.00%Webbville
0.63%
$508/yr
42160
+0.00%Park City
0.63%
$969/yr
42378
+0.00%Whitesville
0.63%
$1,148/yr
42712
+0.00%Big Clifty
0.63%
$921/yr
42629
-0.00%Jamestown
0.62%
$982/yr
40076
+0.00%Waddy
0.63%
$1,406/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.