Fayette County property tax, in one number.
The typical Fayette County homeowner pays $2,542 a year on a $293,500 home. That's above the Kentucky rate (0.75%) and below the U.S. rate (0.94%).
Estimate my taxFayette County at a glance
Five numbers that shape a typical property tax bill here.
Property tax calculator
Enter a home value to see a typical yearly bill at Fayette County's average effective rate, or pick another area.
- Bills are up, rates are down.The median tax paid rose from $1,654 in 2015 to $2,640 in 2024 (+60%), while home values rose 87%. That pushed the effective rate down.
- 11th highest rate in Kentucky.Out of 120 Kentucky counties with full data. Nationally, the rate is higher than in 55% of U.S. counties.
- Mortgage or not, bills are similar.Homes with a mortgage paid a median $2,574, and homes owned outright paid $2,469.
The data, charted
Median tax paid & effective rate
Owners vs renters
Neighboring counties
Largest Kentucky counties
| County | Median tax | Rate |
|---|---|---|
| Kenton County | $2,395 | 0.98% |
| Fayette County | $2,542 | 0.87% |
| Jefferson County | $2,136 | 0.86% |
| Boone County | $2,372 | 0.86% |
| Warren County | $1,668 | 0.65% |
| Kentucky | $1,544 | 0.75% |
Compare neighboring counties
Effective property tax rates in and around Fayette County.
Good to know
What is the property tax rate in Fayette County?
The effective rate is about 0.87%. The median homeowner pays $2,542 a year on a home worth a median $293,500 (ACS 2020–2024). The legal tax rates set by each taxing unit are different numbers; the effective rate is what owners actually pay as a share of value.
How much is property tax on a $300,000 home in Fayette County?
About $2,610 a year, or roughly $218 a month, at Fayette County's average effective rate of 0.87%. Homestead, senior, veteran or other exemptions can lower the real bill, and a recent purchase or reassessment can raise it.
Why is my bill different from this estimate?
Your bill depends on your home's assessed value from the county assessor, the exact taxing units where you live (county, city, school district, special districts) and any exemptions you get. These figures are medians across all owner-occupied homes, not a bill for any address.
How current is this data?
It comes from the U.S. Census Bureau's American Community Survey 5-year estimates for 2020–2024, the latest release. Homeowners report the taxes they paid, so the numbers lag current bills by one to two years. We update the site when the Census Bureau publishes new estimates each December.
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