Hyden, Leslie County, Kentucky Property Taxes

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

Median Hyden, KY effective property tax rate: 1.40%, significantly higher than the national median of 1.02%, but lower than the Kentucky state median of 1.02%.
Median Hyden, KY home value: $31,500
Median annual Hyden, KY tax bill: $332, $2,068 lower than the national median property tax bill of $2,400.

How are property taxes in Leslie County calculated?

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

Last Updated March 1, 2025

Hyden, Leslie County, Kentucky Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.42%

Estimate Property Tax Bill

$433

$402

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

Property Tax Rates Across Hyden, Leslie County, Kentucky

Local government entities set tax rates, which can vary widely within a state. The reason for this variance lies in how each county estimates its required budget to provide services, dividing that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.

In Hyden, located in Leslie County, Kentucky, the effective property tax rate is a key point of comparison to other cities in the state and the national median. Kentucky's median property tax rate is 1.40%, which is higher than the national median of 1.02%. This positions Hyden's tax rate above the national average, reflecting the broader trend within the state. Comparing to other regions, Hyden's property tax rate stands as a significant factor for homeowners to consider. Understanding these rates is crucial for residents and potential property buyers to make informed decisions about property investments and financial planning.

Property Tax Rates Across Hyden, Leslie County, Kentucky

Source: Ownwell

0.93%

1.18%

1.42%

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 Hyden Tax Rate

1.42%

Median Effective Leslie County Tax Rate

1.42%

Median Effective Kentucky Tax Rate

1.02%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Hyden, Leslie County, Kentucky

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
41749	0.51%	1.29%	1.42%	1.42%	1.42%
41762	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Hyden, Leslie County, Kentucky

When examining property taxes in Hyden, 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 Leslie 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 Leslie 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 Hyden. For example, the median home price in Hyden is $31,500, with tax bills ranging significantly across the county. Zip code 41749 has the highest median home price at $31,500.

Property Tax Assessment Values Across Hyden, Leslie County, Kentucky

Source: Ownwell

$19,000

$40,250

$61,500

Median Hyden Market Value

$30,500

Median Leslie County Market Value

$28,000

Median Kentucky Market Value

$116,000

Median United States Market Value

$235,294

Property Tax Assessment Values Across Hyden, Leslie County, Kentucky

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
41749	$2,500	$8,700	$30,500	$51,800	$85,700
41762	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Hyden, Leslie County, Kentucky

In Hyden, located in Leslie County, KY, property tax bills are calculated based on the assessed value of a home, which is typically lower than the market value. The median home price here is $31,500, significantly lower than the national median. This results in a more manageable property tax bill for residents. For example, the median tax bill in the area is $335, while the national median tax bill is $2,400. Factors such as local tax rates and the assessed property value determine the final tax bill. Homeowners in Hyden might see tax bills ranging from $105 at the 25th percentile to $1,172 at the 90th percentile, indicating a broad range in tax liabilities. Ownwell offers expertise in property tax appeals and exemptions, helping homeowners ensure their assessments are fair and potentially reducing their tax bills. By leveraging Ownwell's services, homeowners in Hyden can navigate the complexities of property taxes and achieve significant savings, providing peace of mind and financial relief.

Property Tax Bills Across Hyden, Leslie County, Kentucky

Source: Ownwell

$188

$353

$517

Median Hyden Tax Bill

$328

Median Leslie County Tax Bill

$275

Median Kentucky Tax Bill

$1,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Hyden, Leslie County, Kentucky

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
41749	$43	$107	$329	$684	$1,209
41762	N/A	N/A	N/A	N/A	N/A

Source: Ownwell