Fisherville, Bullitt County, Kentucky Property Taxes

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

Median Fisherville, KY effective property tax rate: 1.27%, significantly higher than the national median of 1.02%, but lower than the Kentucky state median of 1.02%.
Median Fisherville, KY home value: $76,226
Median annual Fisherville, KY tax bill: $978, $1,422 lower than the national median property tax bill of $2,400.

How are property taxes in Bullitt County calculated?

Property taxes in Fisherville, 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 Fisherville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fisherville, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Fisherville, Bullitt County, Kentucky Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.27%

Estimate Property Tax Bill

$968

$898

Ownwell’s Fisherville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Fisherville with just two data points. By entering your property's estimated assessed value, our calculator applies Fisherville’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 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 Bullitt County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Fisherville, Bullitt County, Kentucky

Local government entities in Kentucky set tax rates, which can vary widely within the state. This happens because each county annually estimates its required budget to provide essential 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, in a nutshell, this is the annual process.

In Fisherville, located in Bullitt County, the effective property tax rate is part of this statewide variance. Kentucky's median property tax rate stands at 1.27%, which is higher than the national median of 1.02%. This means that property owners in Fisherville might experience a higher tax burden compared to the national average. However, it's essential to consider that these taxes fund vital local services that enhance community living.

By comparing Fisherville’s effective property tax rate to other cities in Kentucky and the U.S. median, property owners can better understand their financial obligations and the value they receive from local services funded by these taxes.

Property Tax Rates Across Fisherville, Bullitt County, Kentucky

Source: Ownwell

1.10%

1.19%

1.27%

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 Fisherville Tax Rate

1.27%

Median Effective Bullitt County Tax Rate

1.18%

Median Effective Kentucky Tax Rate

1.02%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Fisherville, Bullitt County, Kentucky

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
40023	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Fisherville, Bullitt County, Kentucky

When examining property taxes in Fisherville, Kentucky, 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 Bullitt County Assessor 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 Bullitt 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 Fisherville. For example, the median home price in Fisherville is $76,226, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Fisherville, Bullitt County, Kentucky

Source: Ownwell

$25,000

$119,142

$213,284

Median Fisherville Market Value

$76,226

Median Bullitt County Market Value

$159,604

Median Kentucky Market Value

$110,000

Median United States Market Value

$235,294

Property Tax Assessment Values Across Fisherville, Bullitt County, Kentucky

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
40023	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Fisherville, Bullitt County, Kentucky

In Fisherville, located in Bullitt County, Kentucky, property tax bills are calculated based on the assessed value of a property, which is determined by the county assessor. The tax rate is applied to this assessed value to determine the tax bill. With a median home price of $76,226, homeowners in Fisherville can expect their property tax bills to vary significantly. For instance, the 25th percentile tax bill is $759, while the 75th percentile reaches $1,197, and the 90th percentile is $1,328. Compared to the national median property tax bill of $2,400, Fisherville homeowners generally face lower tax bills. However, these taxes still represent a significant expense for homeowners. Factors such as property improvements or changes in local tax rates can influence the tax bill. Ownwell assists homeowners in reducing their property tax bills by providing expert property tax appeal and exemption services. Our team works to ensure that properties are fairly assessed, potentially lowering tax liabilities and saving homeowners money.

Property Tax Bills Across Fisherville, Bullitt County, Kentucky

Source: Ownwell

$313

$1,409

$2,504

Median Fisherville Tax Bill

$978

Median Bullitt County Tax Bill

$1,790

Median Kentucky Tax Bill

$1,031

Median United States Tax Bill

$2,400

Property Tax Bills Across Fisherville, Bullitt County, Kentucky

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
40023	N/A	N/A	N/A	N/A	N/A

Source: Ownwell