Bath County, Kentucky Property Taxes
Median Bath County effective property tax rate: 1.17%, significantly higher than the national median of 1.02%.
Median Bath County home value: $55,200
Median annual Bath County tax bill: $496, $1,904 lower than the national median property tax bill of $2,400.
How are property taxes in Bath County calculated?
Property taxes in Bath 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 Owingsville or another part of Bath County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Bath County, Kentucky Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.17%
Estimate Property Tax Bill
$646
$599
Property Tax Rates Across Bath County, Kentucky
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 Bath County Tax Rate
1.17%
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 Kentucky Tax Rate
1.02%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Bath County, Kentucky
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Carlisle | 0.49% | 0.57% | 1.05% | 1.17% | 1.17% |
| Hope | 0.24% | 0.58% | 0.95% | 1.17% | 1.17% |
| Means | 0.30% | 0.57% | 1.17% | 1.17% | 1.17% |
| Mount Sterling | 0.31% | 0.39% | 0.56% | 0.92% | 1.17% |
| Olympia | 0.35% | 0.65% | 1.17% | 1.17% | 1.17% |
| Owingsville | 0.35% | 0.66% | 1.17% | 1.17% | 1.17% |
| Salt Lick | 0.37% | 0.74% | 1.17% | 1.17% | 1.20% |
| Sharpsburg | 0.31% | 0.51% | 1.17% | 1.17% | 1.17% |
Source: Ownwell
Property Tax Assessment Values Across Bath County, Kentucky
When examining property taxes in Bath 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 Bath 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.
In Bath 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 Bath County.
For example, the median tax bill in Bath County is $552, with tax bills ranging significantly across the county. Mount Sterling has the highest median home price at $131,500.
Median Bath County Market Value
$55,200
Median Kentucky Market Value
$110,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Bath County, Kentucky
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Carlisle | $46,700 | $64,375 | $101,750 | $142,500 | $173,450 |
| Hope | $15,000 | $23,000 | $40,000 | $93,000 | $198,000 |
| Means | $10,600 | $16,250 | $50,310 | $120,450 | $189,400 |
| Mount Sterling | $41,400 | $85,000 | $131,500 | $216,200 | $335,800 |
| Olympia | $15,000 | $30,000 | $60,391 | $122,575 | $178,480 |
| Owingsville | $10,000 | $25,000 | $56,000 | $102,000 | $173,730 |
| Salt Lick | $10,000 | $25,000 | $55,000 | $99,600 | $151,510 |
| Sharpsburg | $12,680 | $29,000 | $52,000 | $115,000 | $231,000 |
Source: Ownwell
Property Tax Bills Across Bath County, Kentucky
Property tax bills in Bath County, Kentucky, are determined by assessing the value of a property and applying the local tax rate. The median home price in the county is $55,200, which is considerably lower than the national average. Property tax bills can vary significantly based on location and home value. For example, the median tax bill in Carlisle is the highest in the county at $957, while Means has the lowest at $409. These figures are indicative of the local market conditions and the assessed values of properties in these areas.
Homeowners in Bath County can expect their tax bills to fall within a range, with the 25th percentile at $214 and the 75th percentile reaching $947. The tax bill at the 90th percentile is $1,576, which is still below the national median property tax bill of $2,400. These property taxes are crucial for funding local services and infrastructure, yet they can pose a financial burden for homeowners, especially when property values fluctuate. Understanding these factors is essential for homeowners planning their budgets and financial strategies.
Median Bath County Tax Bill
$496
Median Kentucky Tax Bill
$1,031
Median United States Tax Bill
$2,400
Property Tax Bills Across Bath County, Kentucky
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Carlisle | $295 | $471 | $957 | $1,533 | $1,773 |
| Hope | $152 | $185 | $426 | $927 | $1,946 |
| Means | $104 | $172 | $409 | $926 | $1,814 |
| Mount Sterling | $168 | $471 | $656 | $1,164 | $2,515 |
| Olympia | $118 | $268 | $524 | $1,123 | $1,742 |
| Owingsville | $82 | $204 | $501 | $922 | $1,509 |
| Salt Lick | $93 | $215 | $498 | $946 | $1,500 |
| Sharpsburg | $111 | $233 | $466 | $1,017 | $1,823 |
Source: Ownwell