Fisherville, Jefferson County, Kentucky Property Taxes

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

Median Fisherville, KY effective property tax rate: 1.16%, significantly higher than the national median of 1.02%, but lower than the Kentucky state median of 1.02%.
Median Fisherville, KY home value: $445,670
Median annual Fisherville, KY tax bill: $4,869, $2,469 higher than the national median property tax bill of $2,400.

How are property taxes in Jefferson 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, Jefferson County, Kentucky Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.16%

Estimate Property Tax Bill

$5,170

$4,797

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 Jefferson. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Fisherville, Jefferson County, Kentucky

Local government entities in Kentucky set property tax rates, which can vary widely within the state. 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, resulting in the property tax rate. This process involves votes and laws, but in a nutshell, this is how it's done each year. Fisherville in Jefferson County has an effective property tax rate of 1.16%, which is higher than the national median property tax rate of 1.02%. The median property tax rate in Kentucky is also 1.16%, which is slightly above the national median. While Fisherville's rate aligns with the state median, it is important to note that property tax rates in Kentucky can vary depending on local government decisions and budgetary needs. This comparison highlights the importance of understanding how property tax rates are determined and how they can impact homeowners in different regions of the state.

Property Tax Rates Across Fisherville, Jefferson County, Kentucky

Source: Ownwell

0.84%

1.09%

1.34%

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

1.16%

Median Effective Jefferson County Tax Rate

1.17%

Median Effective Kentucky Tax Rate

1.02%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Fisherville, Jefferson County, Kentucky

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
40023	0.99%	1.08%	1.16%	1.16%	1.16%

Source: Ownwell

Property Tax Assessment Values Across Fisherville, Jefferson County, Kentucky

When examining property taxes in Fisherville, 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 Jefferson 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 Jefferson 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 Fisherville. For example, the median home price in Fisherville is $445,670, with tax bills ranging significantly across the county. Zip code 40023 has the highest median home price at $445,670.

Property Tax Assessment Values Across Fisherville, Jefferson County, Kentucky

Source: Ownwell

$11,500

$620,975

$1,230,450

Median Fisherville Market Value

$445,670

Median Jefferson County Market Value

$181,690

Median Kentucky Market Value

$110,000

Median United States Market Value

$235,294

Property Tax Assessment Values Across Fisherville, Jefferson County, Kentucky

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
40023	$253,278	$335,150	$445,670	$550,000	$652,108

Source: Ownwell

Property Tax Bills Across Fisherville, Jefferson County, Kentucky

In Fisherville, Jefferson County, KY, property tax bills are determined by assessing the property's value and applying the local tax rate. The assessed value is typically a percentage of the property's market value, and the tax bill is calculated by multiplying this assessed value by the local tax rate. Factors such as property location, improvements, and market conditions influence the assessed value. The median property tax bill in Fisherville is $4,869, which is significantly higher than the national median of $2,400. This higher tax bill can impact homeowners by increasing their annual expenses, making it crucial to ensure the assessment is accurate. Ownwell assists homeowners by reviewing their property assessments and identifying potential errors or overvaluations. By appealing these assessments, Ownwell can help reduce the tax burden, ensuring homeowners pay only their fair share. This service not only provides financial relief but also peace of mind, knowing their property taxes are accurately assessed.

Property Tax Bills Across Fisherville, Jefferson County, Kentucky

Source: Ownwell

$132

$6,922

$13,712

Median Fisherville Tax Bill

$4,869

Median Jefferson County Tax Bill

$2,069

Median Kentucky Tax Bill

$1,031

Median United States Tax Bill

$2,400

Property Tax Bills Across Fisherville, Jefferson County, Kentucky

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
40023	$2,542	$3,718	$4,869	$6,131	$7,318

Source: Ownwell