Carroll County, Kentucky Property Taxes
Median Carroll County effective property tax rate: 1.01%, slightly lower than the national median of 1.02%.
Median Carroll County home value: $75,000
Median annual Carroll County tax bill: $704, $1,696 lower than the national median property tax bill of $2,400.
How are property taxes in Carroll County calculated?
Property taxes in Carroll 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 Carrollton or another part of Carroll County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Carroll County, Kentucky Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.01%
Estimate Property Tax Bill
$758
$703
Property Tax Rates Across Carroll County, Kentucky
Local government entities are responsible for setting tax rates, which can vary significantly within a state. Each year, counties determine their required budget to provide services and divide that by the total value of all taxable property within the county. This process results in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual procedure.
Carroll County's effective property tax rate is 1.01%, which is slightly below the national median of 1.02%. Within Kentucky, Carroll County shares this rate with Carrollton, while Ghent has the highest median tax rate at 1.11%. The median property tax bill in Carroll County is $2,104, which is below the national median of $2,400. Comparing these figures highlights the variation in property tax rates and bills across different regions. Understanding these differences can help property owners make informed decisions about their investments. By being aware of local tax rates, property owners can better anticipate their annual expenses and budget accordingly.
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 Carroll County Tax Rate
1.01%
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 Carroll County, Kentucky
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bedford | 0.52% | 0.71% | 1.03% | 1.04% | 1.07% |
| Campbellsburg | 0.41% | 0.73% | 1.02% | 1.04% | 1.07% |
| Carrollton | 0.52% | 1.01% | 1.01% | 1.11% | 1.11% |
| Ghent | 0.46% | 1.11% | 1.11% | 1.39% | 1.39% |
| Milton | 0.47% | 0.81% | 1.04% | 1.09% | 1.18% |
| Sanders | 0.59% | 0.95% | 1.11% | 1.31% | 1.31% |
| Turners Station | 0.32% | 0.63% | 1.03% | 1.07% | 1.09% |
| Worthville | 0.89% | 1.01% | 1.01% | 1.01% | 1.26% |
Source: Ownwell
Property Tax Assessment Values Across Carroll County, Kentucky
When examining property taxes in Carroll 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 Carroll 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 Carroll 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 Carroll County.
For example, the median tax bill in Carroll County is $750, with tax bills ranging significantly across the county. Bedford has the highest median home price at $122,500.
Median Carroll County Market Value
$75,000
Median Kentucky Market Value
$110,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Carroll County, Kentucky
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bedford | $55,000 | $80,125 | $122,500 | $155,650 | $194,050 |
| Campbellsburg | $41,920 | $59,000 | $99,400 | $154,900 | $188,400 |
| Carrollton | $23,000 | $50,000 | $84,000 | $138,250 | $202,000 |
| Ghent | $22,100 | $40,000 | $66,250 | $102,600 | $193,800 |
| Milton | $19,880 | $36,000 | $79,000 | $129,900 | $185,000 |
| Sanders | $12,000 | $29,700 | $65,500 | $119,650 | $205,770 |
| Turners Station | $34,000 | $55,000 | $77,000 | $137,000 | $210,400 |
| Worthville | $8,000 | $15,000 | $28,550 | $59,000 | $131,560 |
Source: Ownwell
Property Tax Bills Across Carroll County, Kentucky
Median Carroll County Tax Bill
$704
Median Kentucky Tax Bill
$1,031
Median United States Tax Bill
$2,400
Property Tax Bills Across Carroll County, Kentucky
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bedford | $246 | $534 | $1,252 | $1,624 | $1,938 |
| Campbellsburg | $277 | $506 | $885 | $1,408 | $1,986 |
| Carrollton | $177 | $414 | $752 | $1,335 | $2,012 |
| Ghent | $190 | $354 | $749 | $1,147 | $2,138 |
| Milton | $245 | $355 | $662 | $1,176 | $1,810 |
| Sanders | $119 | $322 | $719 | $1,197 | $2,159 |
| Turners Station | $143 | $379 | $689 | $1,393 | $2,042 |
| Worthville | $75 | $132 | $302 | $628 | $1,375 |
Source: Ownwell