Anderson County, Kentucky Property Taxes

Name: Property Tax Bills Across Anderson County, Kentucky
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Anderson County effective property tax rate: 0.94%, significantly lower than the national median of 1.02%.
Median Anderson County home value: $145,000
Median annual Anderson County tax bill: $1,273, $1,127 lower than the national median property tax bill of $2,400.

How are property taxes in Anderson County calculated?

Property taxes in Anderson County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Lawrenceburg or another part of Anderson County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Anderson County, Kentucky Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.94%

Estimate Property Tax Bill

$1,363

$1,265

Ownwell’s Anderson County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Anderson County with just two data points.

By entering your property's estimated assessed value, our calculator applies Anderson County’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations.

This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Anderson County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Anderson County, Kentucky

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, this is the annual process.

Below, you can compare Anderson County's effective property tax rate to other counties in Kentucky or the U.S. median property tax rate. Anderson County has a median property tax rate of 0.94%, which is slightly below the national median of 1.02%. This positions Anderson County as an area with relatively lower property tax burdens compared to the national average. Within Kentucky, Mount Eden has the highest median property tax rate at 1.04%, while Lawrenceburg shares the same rate as Anderson County at 0.94%. Understanding these differences can help property owners make informed decisions about where to invest or settle.

Property Tax Rates Across Anderson County, Kentucky

Source: Ownwell

0.94%

0.99%

1.04%

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 Anderson County Tax Rate

0.94%

Median Effective Kentucky Tax Rate

1.02%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Anderson County, Kentucky

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Lawrenceburg	0.58%	0.77%	0.94%	1.04%	1.04%
Mount Eden	0.38%	0.65%	1.04%	1.04%	1.04%
Salvisa	0.41%	0.72%	1.04%	1.04%	1.04%
Waddy	0.40%	0.73%	1.04%	1.04%	1.06%
Chaplin	N/A	N/A	N/A	N/A	N/A
Frankfort	N/A	N/A	N/A	N/A	N/A
Shelbyville	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Anderson County, Kentucky

When examining property taxes in Anderson County, 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 Anderson County Property Valuation Administrator 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.

Assessment notices:

In Anderson County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Anderson County.

For example, the median tax bill in Anderson County is $1,285, with tax bills ranging significantly across the county. Waddy has the highest median home price at $165,200.

Property Tax Assessment Values Across Anderson County, Kentucky

Source: Ownwell

$87,500

$126,350

$165,200

Median Anderson County Market Value

$145,000

Median Kentucky Market Value

$110,000

Median United States Market Value

$235,294

Property Tax Assessment Values Across Anderson County, Kentucky

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Lawrenceburg	$20,000	$85,000	$145,000	$198,000	$280,000
Mount Eden	$6,000	$40,000	$110,000	$165,000	$287,000
Salvisa	$9,800	$38,000	$87,500	$210,000	$306,300
Waddy	$22,000	$50,450	$165,200	$265,125	$339,521
Chaplin	N/A	N/A	N/A	N/A	N/A
Frankfort	N/A	N/A	N/A	N/A	N/A
Shelbyville	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Anderson County, Kentucky

Property tax bills in Anderson County, KY, are determined by evaluating the assessed value of a property and applying the local tax rate. The assessed value is typically a percentage of the property's market value. This value is then multiplied by the local tax rate to calculate the annual tax bill. Homeowners in Anderson County experience property tax bills that can vary significantly depending on the location and value of their homes. For example, the median home price in Anderson County is $145,000, which influences the tax bill amount. The tax bill for the 25th percentile is $742, while it rises to $1,783 for the 75th percentile, and $2,453 for the 90th percentile. Comparatively, the national median property tax bill is $2,400, with a median property tax rate of 1.02%. In Anderson County, Lawrenceburg has the highest median tax bill at $1,285, while Salvisa has the lowest at $832. Understanding these factors helps homeowners anticipate their tax obligations and manage their finances effectively.

Property Tax Bills Across Anderson County, Kentucky

Source: Ownwell

$832

$1,059

$1,285

Median Anderson County Tax Bill

$1,273

Median Kentucky Tax Bill

$1,031

Median United States Tax Bill

$2,400

Property Tax Bills Across Anderson County, Kentucky

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Lawrenceburg	$261	$754	$1,285	$1,791	$2,451
Mount Eden	$94	$309	$853	$1,445	$2,149
Salvisa	$261	$388	$832	$1,656	$3,164
Waddy	$258	$469	$1,211	$2,011	$2,898
Chaplin	N/A	N/A	N/A	N/A	N/A
Frankfort	N/A	N/A	N/A	N/A	N/A
Shelbyville	N/A	N/A	N/A	N/A	N/A

Source: Ownwell