Gallatin County, Kentucky Property Taxes

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

Median Gallatin County effective property tax rate: 1.07%, slightly higher than the national median of 1.02%.
Median Gallatin County home value: $84,300
Median annual Gallatin County tax bill: $804, $1,596 lower than the national median property tax bill of $2,400.

How are property taxes in Gallatin County calculated?

Property taxes in Gallatin 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 Warsaw or another part of Gallatin County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Gallatin County, Kentucky Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.07%

Estimate Property Tax Bill

$902

$837

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

Property Tax Rates Across Gallatin County, Kentucky

Local government entities in Kentucky set tax rates, which can vary significantly within the state. Each county estimates its required budget annually to provide essential services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the core of the annual process. Gallatin County's effective property tax rate is an example of how these calculations manifest in Kentucky. The county's rate is slightly above the national median property tax rate of 1.02%, reflecting the unique budgetary needs and property values in the area. Interestingly, both the highest and lowest median tax rates in the state are found in Verona and Ghent, respectively, each with a tax rate of 1.07%. This highlights the diversity in tax rates within Kentucky and underscores the importance of understanding local property tax dynamics.

Property Tax Rates Across Gallatin County, Kentucky

Source: Ownwell

1.07%

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 Gallatin County Tax Rate

1.07%

Median Effective Kentucky Tax Rate

1.02%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Gallatin County, Kentucky

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Ghent	0.44%	0.74%	1.07%	1.07%	1.07%
Glencoe	0.46%	1.07%	1.07%	1.07%	1.07%
Sanders	0.36%	0.80%	1.07%	1.07%	1.08%
Sparta	0.52%	1.07%	1.07%	1.07%	1.17%
Verona	0.56%	0.92%	1.07%	1.27%	1.49%
Warsaw	0.55%	1.00%	1.07%	1.07%	1.07%
Carrollton	N/A	N/A	N/A	N/A	N/A
Dry Ridge	N/A	N/A	N/A	N/A	N/A
Napoleon	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Gallatin County, Kentucky

When examining property taxes in Gallatin 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 Gallatin 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 Gallatin 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 Gallatin County. For example, the median tax bill in Gallatin County is $1,037, with tax bills ranging significantly across the county. Sanders has the highest median home price at $100,910.

Property Tax Assessment Values Across Gallatin County, Kentucky

Source: Ownwell

$66,496

$83,703

$100,910

Median Gallatin County Market Value

$84,300

Median Kentucky Market Value

$110,000

Median United States Market Value

$235,294

Property Tax Assessment Values Across Gallatin County, Kentucky

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Ghent	$14,050	$41,275	$89,838	$155,000	$244,730
Glencoe	$6,000	$15,000	$66,496	$115,500	$170,000
Sanders	$15,000	$34,882	$100,910	$209,000	$321,400
Sparta	$8,004	$25,298	$88,900	$166,372	$268,590
Verona	$14,960	$53,550	$99,000	$155,200	$242,000
Warsaw	$9,600	$25,000	$80,000	$140,000	$224,300
Carrollton	N/A	N/A	N/A	N/A	N/A
Dry Ridge	N/A	N/A	N/A	N/A	N/A
Napoleon	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Gallatin County, Kentucky

In Gallatin County, KY, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. The median home price in Gallatin County is $84,300, resulting in varying tax bills across the region. For instance, the 25th percentile tax bill is $279, while the 75th percentile reaches $1,447, and the 90th percentile rises to $2,145. These figures indicate a wide range of potential tax burdens for homeowners, depending on their property's assessed value. Notably, the highest median tax bill in the county is found in Verona at $1,037, while Glencoe has the lowest at $622. Compared to the national median property tax rate of 1.02% and a median tax bill of $2,400, Gallatin County's tax bills can be significantly lower. Understanding these factors helps homeowners anticipate their financial obligations and plan accordingly.

Property Tax Bills Across Gallatin County, Kentucky

Source: Ownwell

$622

$830

$1,037

Median Gallatin County Tax Bill

$804

Median Kentucky Tax Bill

$1,031

Median United States Tax Bill

$2,400

Property Tax Bills Across Gallatin County, Kentucky

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Ghent	$161	$399	$858	$1,483	$2,223
Glencoe	$81	$231	$622	$1,173	$1,619
Sanders	$103	$292	$910	$1,707	$2,794
Sparta	$93	$286	$790	$1,592	$2,427
Verona	$173	$519	$1,037	$1,808	$2,276
Warsaw	$107	$249	$738	$1,316	$1,945
Carrollton	N/A	N/A	N/A	N/A	N/A
Dry Ridge	N/A	N/A	N/A	N/A	N/A
Napoleon	N/A	N/A	N/A	N/A	N/A

Source: Ownwell