Columbia, Adair County, Kentucky Property Taxes
Median Columbia, KY effective property tax rate: 1.13%, significantly higher than the national median of 1.02%, but lower than the Kentucky state median of 1.02%.
Median Columbia, KY home value: $52,000
Median annual Columbia, KY tax bill: $422, $1,978 lower than the national median property tax bill of $2,400.
How are property taxes in Adair calculated?
Property taxes in Columbia, KY are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Columbia’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Columbia, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Columbia, Adair County, Kentucky Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.13%
Estimate Property Tax Bill
$588
$545
Property Tax Rates Across Columbia, Adair County, Kentucky
Local government entities determine property tax rates, which can significantly differ across regions. Each year, counties calculate their necessary budget to maintain public services and divide this by the assessed value of all taxable property within their boundaries. This process establishes the property tax rate. Though the setting of tax rates and budgets involves votes and legislation, this annual calculation is essentially how it works.
In Columbia, Adair County, the effective property tax rate is a crucial figure to consider, especially when compared to other cities in Kentucky and the national median. The median property tax rate in Kentucky stands at 1.13%, slightly above the national median of 1.02%. This rate affects property owners' annual tax bills, which in Kentucky are relatively higher than the national median. Understanding these figures can help property owners make informed decisions about appealing their property tax assessments or seeking exemptions. By comparing Columbia's rates with those of other cities and the state and national medians, property owners gain valuable insight into their tax liabilities and potential savings.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Columbia Tax Rate
1.13%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Adair County Tax Rate
1.13%
Median Effective Kentucky Tax Rate
1.02%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Columbia, Adair County, Kentucky
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 42728 | 0.34% | 0.75% | 1.13% | 1.20% | 1.45% |
Source: Ownwell
Property Tax Assessment Values Across Columbia, Adair County, Kentucky
When examining property taxes in Columbia, KY, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Adair County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Adair County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Columbia.
For example, the median home price in Columbia is $52,000, with tax bills ranging significantly across the county. Zip code 42728 has the highest median home price at $52,000.
Property Tax Assessment Values Across Columbia, Adair County, Kentucky
Source: Ownwell
$40,000
$62,500
$85,000
Median Columbia Market Value
$52,000
Median Adair County Market Value
$50,000
Median Kentucky Market Value
$110,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Columbia, Adair County, Kentucky
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 42728 | $5,000 | $15,000 | $52,000 | $110,000 | $188,000 |
Source: Ownwell
Property Tax Bills Across Columbia, Adair County, Kentucky
Median Columbia Tax Bill
$422
Median Adair County Tax Bill
$410
Median Kentucky Tax Bill
$1,031
Median United States Tax Bill
$2,400
Property Tax Bills Across Columbia, Adair County, Kentucky
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 42728 | $70 | $155 | $422 | $932 | $1,644 |
Source: Ownwell