Hagerhill, Johnson County, Kentucky Property Taxes

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

Median Hagerhill, KY effective property tax rate: 1.01%, slightly lower than the national median of 1.02%, but equal to the Kentucky state median of 1.02%.
Median Hagerhill, KY home value: $53,950
Median annual Hagerhill, KY tax bill: $440, $1,960 lower than the national median property tax bill of $2,400.

How are property taxes in Johnson County calculated?

Property taxes in Hagerhill, 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 Hagerhill’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Hagerhill, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Hagerhill, Johnson County, Kentucky Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.01%

Estimate Property Tax Bill

$545

$506

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

Property Tax Rates Across Hagerhill, Johnson County, Kentucky

Local government entities determine tax rates, which can fluctuate significantly within a state. This variation occurs because each county annually estimates the budget needed to provide services and divides that figure by the total value of all taxable properties within its jurisdiction. This calculation determines the property tax rate. Although votes and laws play roles in setting tax rates and budgets, this is the essence of the yearly process. In Hagerhill, located in Johnson County, Kentucky, the effective property tax rate reflects these local calculations. Compared to other cities in Kentucky, Hagerhill's property tax rate is aligned with the state's median rate of 1.01%, which is slightly below the national median rate of 1.02%. This comparison highlights how Hagerhill's property tax rate fits within the broader context of state and national figures. Understanding these rates helps property owners make informed decisions about their investments and financial planning.

Property Tax Rates Across Hagerhill, Johnson County, Kentucky

Source: Ownwell

0.42%

0.72%

1.03%

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 Hagerhill Tax Rate

1.01%

Median Effective Johnson County Tax Rate

1.01%

Median Effective Kentucky Tax Rate

1.02%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Hagerhill, Johnson County, Kentucky

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
41222	0.28%	0.56%	1.01%	1.05%	1.10%

Source: Ownwell

Property Tax Assessment Values Across Hagerhill, Johnson County, Kentucky

When examining property taxes in Hagerhill, 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 Johnson 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. Assessment notices: In Johnson County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Hagerhill. For example, the median home price in Hagerhill is $53,950, with tax bills ranging significantly across the county. 41222 has the highest median home price at $53,950.

Property Tax Assessment Values Across Hagerhill, Johnson County, Kentucky

Source: Ownwell

$39,000

$54,500

$70,000

Median Hagerhill Market Value

$53,950

Median Johnson County Market Value

$56,700

Median Kentucky Market Value

$110,000

Median United States Market Value

$235,294

Property Tax Assessment Values Across Hagerhill, Johnson County, Kentucky

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
41222	$8,880	$24,975	$53,950	$98,925	$172,030

Source: Ownwell

Property Tax Bills Across Hagerhill, Johnson County, Kentucky

Property tax bills in Hagerhill, Johnson County, KY, are calculated based on the assessed value of a property, which is typically a percentage of the property's market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. In Hagerhill, the median property tax bill is significantly lower than the national median of $2,400, with the highest median tax bill in the area being $440. Factors such as property location, size, and improvements can affect the assessed value, directly impacting the homeowner's tax bill. For homeowners, this means that while property taxes in Hagerhill are relatively low, any increase in assessed value can still lead to higher taxes. Ownwell offers a valuable service by helping homeowners appeal their property assessments and identify potential exemptions, effectively reducing their tax bills. By leveraging professional expertise, homeowners can ensure they are not overpaying and can potentially save hundreds on their property taxes.

Property Tax Bills Across Hagerhill, Johnson County, Kentucky

Source: Ownwell

$190

$383

$575

Median Hagerhill Tax Bill

$440

Median Johnson County Tax Bill

$379

Median Kentucky Tax Bill

$1,031

Median United States Tax Bill

$2,400

Property Tax Bills Across Hagerhill, Johnson County, Kentucky

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
41222	$54	$170	$440	$868	$1,496

Source: Ownwell