Bonnieville, Hart County, Kentucky Property Taxes
Median Bonnieville, KY effective property tax rate: 1.00%, slightly lower than the national median of 1.02%, but lower than the Kentucky state median of 1.02%.
Median Bonnieville, KY home value: $50,000
Median annual Bonnieville, KY tax bill: $377, $2,023 lower than the national median property tax bill of $2,400.
How are property taxes in Hart County calculated?
Property taxes in Bonnieville, 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 Bonnieville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bonnieville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Bonnieville, Hart County, Kentucky Property Tax Bill Calculator
$100,000
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Median Effective Tax Rate
1%
Estimate Property Tax Bill
$500
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Property Tax Rates Across Bonnieville, Hart 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 Bonnieville 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 Hart County Tax Rate
0.99%
Median Effective Kentucky Tax Rate
1.02%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Bonnieville, Hart County, Kentucky
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 42713 | 0.29% | 0.97% | 1.00% | 1.15% | 1.65% |
Source: Ownwell
Property Tax Assessment Values Across Bonnieville, Hart County, Kentucky
When examining property taxes in Bonnieville, KY, 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 Hart County appraisal district 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 Hart 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 Bonnieville. For example, the median home price in Bonnieville is $50,000, with tax bills ranging significantly across the county. Zip code 42713 has the highest median home price at $50,000.
Property Tax Assessment Values Across Bonnieville, Hart County, Kentucky
Source: Ownwell
$36,000
$54,000
$72,000
Median Bonnieville Market Value
$50,000
Median Hart County Market Value
$61,600
Median Kentucky Market Value
$110,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Bonnieville, Hart County, Kentucky
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 42713 | $5,000 | $16,950 | $50,000 | $94,000 | $144,680 |
Source: Ownwell
Property Tax Bills Across Bonnieville, Hart County, Kentucky
In Bonnieville, located in Hart County, KY, property tax bills are influenced by the assessed value of the home and the local tax rate. Unlike the national median property tax bill of $2,400, Bonnieville homeowners experience significantly lower tax obligations, with the median tax bill being just $377. This is reflective of the lower median home price of $50,000 in the area. Tax bills can vary, with the 25th percentile at $124 and the 90th percentile reaching $1,272. Factors such as property size, location, and improvements can impact the assessed value, directly affecting the tax bill. For homeowners, these taxes represent a significant annual expense.
Ownwell offers a solution by providing expert property tax appeal and exemption services. By analyzing your property's assessed value and comparing it to similar properties, Ownwell identifies opportunities to reduce your tax bill. This service ensures you only pay your fair share and can lead to substantial savings. With Ownwell, Bonnieville homeowners can navigate the complexities of property taxes with ease and confidence.
Median Bonnieville Tax Bill
$377
Median Hart County Tax Bill
$492
Median Kentucky Tax Bill
$1,031
Median United States Tax Bill
$2,400
Property Tax Bills Across Bonnieville, Hart County, Kentucky
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 42713 | $49 | $124 | $377 | $815 | $1,272 |
Source: Ownwell