Winchester, Clark County, Kentucky Property Taxes
Property Taxes in Winchester, Kentucky
Median Winchester, Kentucky effective property tax rate: 1.00%, significantly lower than the national median of 1.02%, and lower than the Kentucky state median of 1.02%.
Median Winchester, Kentucky home value: $130,600
Median annual Winchester, Kentucky tax bill: $1,200, lower than the national median property tax bill of $2,400.
How are property taxes in Clark calculated?
Property taxes in Winchester, Kentucky 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 Winchester's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Winchester, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Winchester, Clark County, Kentucky Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1%
Estimate Property Tax Bill
$1,306
$1,212
How Does the Winchester Property Tax Calculator Work?
Use this Winchester property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Winchester's median effective tax rate of 1.00% — based on actual property records in Clark County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Winchester's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Winchester: rates range from 1.00% in 40391 to 1.00% in 40391, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Winchester.
About Winchester Property Taxes
About Property Taxes in Winchester, Clark, Kentucky
Winchester’s median effective property tax rate of 1.00% is lower than the Kentucky state median of 1.02% and lower than the national median of 1.02%. This rate reflects the Clark County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Winchester. Homeowners in ZIP code 40391 carry a median effective rate of 1.00%, while those in the same ZIP code also pay 1.00%. This reflects how school district boundaries and local assessment districts are drawn across Clark County.
Winchester homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the May 18, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Winchester, Clark County, Kentucky
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, 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, in a nutshell, this is the annual process.
Below, you can compare Winchester's effective property tax rate to other cities in Kentucky and the median property tax rates in Kentucky and the U.S.
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 Winchester Tax Rate
1.00%
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 Clark County Tax Rate
1.00%
Median Effective Kentucky Tax Rate
1.02%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Winchester, Clark County, Kentucky
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 40391 | 0.67% | 0.91% | 1.00% | 1.00% | 1.00% |
| 40392 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Winchester, Clark County, Kentucky
When examining property taxes in Winchester, 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 Clark County tax authority 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 Clark County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month.
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. For example, the median home price in Winchester is $130,600, with tax bills centered at $1,200 across zip code 40391.
Property Tax Assessment Values Across Winchester, Clark County, Kentucky
Source: Ownwell
$113,400
$122,000
$130,600
Median Winchester Market Value
$130,600
Median Clark County Market Value
$130,400
Median Kentucky Market Value
$116,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Winchester, Clark County, Kentucky
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 40391 | $25,000 | $74,800 | $130,600 | $198,200 | $285,000 |
| 40392 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Winchester, Clark County, Kentucky
Property tax bills in Winchester are based on the assessed value of a home and the local tax rate set by Clark County and other taxing authorities. When a property is assessed, officials estimate its market value, then apply the tax rate to determine the annual bill. For homeowners, this means the amount owed can change if the assessed value changes or if local rates are adjusted.
With a median home price of $130,600, Winchester homeowners often see bills that are lower than the national median property tax bill of $2,400. The 25th percentile tax bill is $680, the 75th percentile is $1,858, and the 90th percentile is $2,740. The median tax bill in zip code 40391 is $1,200.
Because property taxes are tied to both home value and local rates, even small assessment changes can affect what homeowners pay each year.
Median Winchester Tax Bill
$1,200
Median Clark County Tax Bill
$1,200
Median Kentucky Tax Bill
$1,071
Median United States Tax Bill
$2,400
Property Tax Bills Across Winchester, Clark County, Kentucky
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 40391 | $250 | $680 | $1,200 | $1,858 | $2,740 |
| 40392 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | May 18 |
Links | |
|---|---|
| Clark Tax Assessor | |
| Website | qpublic.schneidercorp.com |