Hustonville, Lincoln County, Kentucky Property Taxes
Property Taxes in Hustonville, Kentucky
Median Hustonville, Kentucky effective property tax rate: 1.03%, slightly higher than the national median of 1.02%, and higher than the Kentucky state median of 1.02%.
Median Hustonville, Kentucky home value: $100,000
Median annual Hustonville, Kentucky tax bill: $893, lower than the national median property tax bill of $2,400.
How are property taxes in Lincoln calculated?
Property taxes in Hustonville, Kentucky 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 Hustonville's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Hustonville, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Hustonville, Lincoln County, Kentucky Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.03%
Estimate Property Tax Bill
$1,030
$956
How Does the Hustonville Property Tax Calculator Work?
Use this Hustonville property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Hustonville's median effective tax rate of 1.03% — based on actual property records in Lincoln County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Hustonville's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Hustonville: rates range from 1.03% in 40437 to 1.03% in 40437, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Hustonville.
About Hustonville Property Taxes
About Property Taxes in Hustonville, Lincoln, Kentucky
Hustonville’s median effective property tax rate of 1.03% is lower than the Kentucky state median of 1.02% and lower than the national median of 1.02%. This rate reflects the Lincoln County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Hustonville. Homeowners in ZIP code 40437 carry a median effective rate of 1.03%, while those in the same ZIP code pay 1.03%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Lincoln County. Understanding which part of Hustonville you live in can make a meaningful difference to your annual tax bill.
Hustonville homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the May 18, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Hustonville, Lincoln County, Kentucky
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, 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 Hustonville's effective property tax rate to other cities in Kentucky and the median property tax rates in Kentucky and the U.S.
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 Hustonville Tax Rate
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 Lincoln County Tax Rate
1.03%
Median Effective Kentucky Tax Rate
1.02%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Hustonville, Lincoln County, Kentucky
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 40437 | 0.50% | 0.76% | 1.03% | 1.03% | 1.03% |
Source: Ownwell
Property Tax Assessment Values Across Hustonville, Lincoln County, Kentucky
When examining property taxes in Hustonville, Kentucky, 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 Lincoln County property tax system 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 Lincoln County are sent in the spring each year and typically reach your mailbox by the middle of the month. Each property owner receives a notice that includes both the market value and assessed value, along with an estimate of your property tax bill.
For example, the median home price in Hustonville is $100,000, with a median tax bill of $893. The highest median home price in the county is also $100,000 in zip code 40437. That tax bill is well below the national median property tax bill of $2,400 and the national median property tax rate of 1.02%.
Property Tax Assessment Values Across Hustonville, Lincoln County, Kentucky
Source: Ownwell
$56,450
$82,225
$108,000
Median Hustonville Market Value
$100,000
Median Lincoln County Market Value
$94,800
Median Kentucky Market Value
$116,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Hustonville, Lincoln County, Kentucky
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 40437 | $15,920 | $46,000 | $100,000 | $150,000 | $215,400 |
Source: Ownwell
Property Tax Bills Across Hustonville, Lincoln County, Kentucky
How are property tax bills calculated in Hustonville?
Property tax bills in Hustonville are based on the assessed value of a home, not its market price alone. Local taxing authorities apply the property tax rate to the assessed value to determine the annual bill, so a higher assessed value generally means a higher tax bill.
What factors are considered?
The main factors are the home’s assessed value, the local tax rate, and any exemptions that may apply. In Hustonville, the median home price is $100,000, and the median property tax bill is $893, which is below the national median property tax bill of $2,400 and the national median property tax rate of 1.02%.
How does this affect homeowners?
For homeowners, property taxes can have a meaningful impact on monthly housing costs and long-term affordability. Bills can vary widely, with the 25th percentile at $400 and the 90th percentile at $2,072, so two similar homes may still face very different tax burdens.
Median Hustonville Tax Bill
$893
Median Lincoln County Tax Bill
$845
Median Kentucky Tax Bill
$1,071
Median United States Tax Bill
$2,400
Property Tax Bills Across Hustonville, Lincoln County, Kentucky
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 40437 | $136 | $400 | $893 | $1,457 | $2,072 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | May 18 |
Links | |
|---|---|
| Lincoln Tax Assessor | |
| Website | qpublic.schneidercorp.com |