Letcher County, Kentucky Property Taxes

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

Median Letcher County effective property tax rate: 1.46%, significantly higher than the national median of 1.02%. Median Letcher County home value: $23,000. Median annual Letcher County tax bill: $199, $2,201 lower than the national median property tax bill of $2,400.

How are property taxes in Letcher County calculated?

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

Last Updated March 1, 2025

Letcher County, Kentucky Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.46%

Estimate Property Tax Bill

$336

$312

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

Property Tax Rates Across Letcher County, Kentucky

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Letcher County's effective property tax rate to other counties in Kentucky or the U.S. median property tax rate.

Property Tax Rates Across Letcher County, Kentucky

Source: Ownwell

1.46%

1.53%

1.60%

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 Letcher County Tax Rate

1.46%

Median Effective Kentucky Tax Rate

1.02%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Letcher County, Kentucky

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Blackey	0.24%	1.45%	1.46%	1.46%	1.46%
Cornettsville	0.21%	0.87%	1.46%	1.46%	1.46%
Cromona	1.45%	1.46%	1.46%	1.46%	1.46%
Deane	0.11%	0.77%	1.46%	1.46%	1.46%
Eolia	0.38%	1.08%	1.46%	1.46%	1.46%
Ermine	0.28%	0.94%	1.46%	1.46%	1.46%
Hallie	0.18%	0.53%	1.46%	1.46%	1.46%
Isom	0.19%	0.71%	1.46%	1.46%	1.46%
Jackhorn	0.23%	1.45%	1.46%	1.46%	1.46%
Jenkins	0.62%	1.46%	1.60%	1.60%	1.60%
Jeremiah	0.26%	0.80%	1.46%	1.46%	1.46%
Letcher	0.25%	0.71%	1.46%	1.46%	1.46%
Linefork	0.17%	0.49%	1.46%	1.46%	1.46%
Mayking	0.29%	0.95%	1.46%	1.46%	1.46%
Mc Roberts	1.28%	1.60%	1.60%	1.60%	1.60%
Millstone	0.23%	0.75%	1.46%	1.46%	1.46%
Neon	0.82%	1.46%	1.46%	1.46%	1.46%
Partridge	0.30%	0.95%	1.46%	1.46%	1.46%
Premium	0.36%	0.87%	1.46%	1.46%	1.46%
Seco	0.73%	1.46%	1.46%	1.46%	1.46%
Thornton	0.16%	0.69%	1.46%	1.46%	1.46%
Whitesburg	0.29%	0.82%	1.46%	1.46%	1.46%
Burdine	N/A	N/A	N/A	N/A	N/A
Cumberland	N/A	N/A	N/A	N/A	N/A
Gordon	N/A	N/A	N/A	N/A	N/A
Roxana	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Letcher County, Kentucky

When examining property taxes in Letcher 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 Letcher 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 Letcher 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 Letcher County. For example, the median tax bill in Letcher County is $291, with tax bills ranging significantly across the county. Letcher has the highest median home price at $32,500.

Property Tax Assessment Values Across Letcher County, Kentucky

Source: Ownwell

$8,500

$20,500

$32,500

Median Letcher County Market Value

$23,000

Median Kentucky Market Value

$110,000

Median United States Market Value

$235,294

Property Tax Assessment Values Across Letcher County, Kentucky

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Blackey	$1,700	$4,000	$15,000	$40,000	$66,000
Cornettsville	$1,800	$4,525	$24,000	$40,000	$64,800
Cromona	$3,200	$6,000	$15,000	$25,000	$35,600
Deane	$2,000	$7,575	$29,000	$45,000	$77,100
Eolia	$1,970	$5,000	$20,500	$37,000	$69,825
Ermine	$2,500	$8,500	$29,000	$50,000	$75,000
Hallie	$2,000	$5,500	$20,000	$39,250	$61,400
Isom	$2,000	$6,000	$30,000	$56,750	$85,000
Jackhorn	$1,900	$5,000	$16,250	$35,000	$55,050
Jenkins	$2,000	$5,500	$19,000	$40,000	$73,550
Jeremiah	$1,900	$8,100	$25,000	$50,000	$80,000
Letcher	$2,000	$7,875	$32,500	$50,000	$75,000
Linefork	$1,920	$5,000	$22,500	$37,250	$60,000
Mayking	$3,000	$10,000	$30,000	$51,125	$100,000
Mc Roberts	$2,000	$5,000	$18,000	$30,000	$47,000
Millstone	$2,000	$5,000	$25,750	$45,000	$84,500
Neon	$1,500	$4,000	$15,250	$33,000	$55,000
Partridge	$2,000	$8,000	$30,000	$56,250	$100,000
Premium	$1,500	$4,000	$15,000	$38,000	$71,600
Seco	$1,900	$3,000	$8,500	$27,000	$45,000
Thornton	$2,040	$7,500	$22,500	$50,000	$86,800
Whitesburg	$2,000	$8,000	$30,000	$65,000	$107,640
Burdine	N/A	N/A	N/A	N/A	N/A
Cumberland	N/A	N/A	N/A	N/A	N/A
Gordon	N/A	N/A	N/A	N/A	N/A
Roxana	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Letcher County, Kentucky

In Letcher County, KY, property tax bills are calculated based on the assessed value of a property, which is determined by local tax authorities. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. The median property tax bill in Letcher County is significantly lower than the national median, reflecting the area's lower median home price of $23,000. Homeowners in Letcher County can expect tax bills to vary widely, with the 25th percentile at $58 and the 75th percentile reaching $509. At the 90th percentile, the tax bill rises to $1,090, still below the national median tax bill of $2,400. The city of Ermine has the highest median tax bill in the county at $291, while Blackey has the lowest at $109. These variations in tax bills are influenced by factors such as property location, size, and improvements. Understanding these factors can help homeowners anticipate their tax obligations and manage their finances accordingly.

Property Tax Bills Across Letcher County, Kentucky

Source: Ownwell

$95

$193

$291

Median Letcher County Tax Bill

$199

Median Kentucky Tax Bill

$1,031

Median United States Tax Bill

$2,400

Property Tax Bills Across Letcher County, Kentucky

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Blackey	$17	$29	$109	$318	$716
Cornettsville	$15	$29	$167	$393	$658
Cromona	$44	$73	$146	$336	$503
Deane	$15	$52	$204	$436	$713
Eolia	$28	$51	$146	$390	$655
Ermine	$29	$58	$291	$510	$1,084
Hallie	$16	$36	$99	$291	$491
Isom	$22	$58	$247	$635	$1,164
Jackhorn	$15	$47	$119	$347	$651
Jenkins	$32	$80	$208	$495	$1,071
Jeremiah	$15	$53	$218	$495	$1,018
Letcher	$29	$87	$232	$621	$946
Linefork	$10	$33	$116	$314	$556
Mayking	$29	$87	$291	$728	$1,255
Mc Roberts	$24	$56	$160	$393	$641
Millstone	$29	$44	$146	$477	$886
Neon	$17	$44	$146	$400	$728
Partridge	$16	$73	$267	$639	$1,211
Premium	$17	$29	$109	$436	$786
Seco	$29	$44	$95	$291	$447
Thornton	$21	$58	$182	$461	$946
Whitesburg	$29	$73	$289	$728	$1,342
Burdine	N/A	N/A	N/A	N/A	N/A
Cumberland	N/A	N/A	N/A	N/A	N/A
Gordon	N/A	N/A	N/A	N/A	N/A
Roxana	N/A	N/A	N/A	N/A	N/A

Source: Ownwell