Marion County, Kentucky Property Taxes
Median Marion County effective property tax rate: 0.90%, significantly lower than the national median of 1.02%.
Median Marion County home value: $120,000
Median annual Marion County tax bill: $852, $1,548 lower than the national median property tax bill of $2,400.
How are property taxes in Marion County calculated?
Property taxes in Marion 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 Lebanon or another part of Marion County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Marion County, Kentucky Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.9%
Estimate Property Tax Bill
$1,080
$1,002
Property Tax Rates Across Marion County, Kentucky
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 Marion County Tax Rate
0.90%
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 Kentucky Tax Rate
1.02%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Marion County, Kentucky
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bradfordsville | 0.15% | 0.33% | 0.90% | 0.90% | 0.90% |
| Campbellsville | 0.20% | 0.36% | 0.63% | 0.90% | 0.90% |
| Gravel Switch | 0.14% | 0.26% | 0.60% | 0.90% | 0.90% |
| Lebanon | 0.34% | 0.58% | 0.90% | 0.90% | 0.90% |
| Loretto | 0.26% | 0.48% | 0.90% | 0.90% | 0.90% |
| New Hope | 0.23% | 0.45% | 0.62% | 0.90% | 0.90% |
| Raywick | 0.23% | 0.35% | 0.67% | 0.90% | 0.90% |
| Saint Francis | 0.27% | 0.51% | 0.90% | 0.90% | 0.90% |
| Springfield | 0.35% | 0.53% | 0.68% | 0.90% | 0.90% |
Source: Ownwell
Property Tax Assessment Values Across Marion County, Kentucky
When examining property taxes in Marion 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 Marion County Property Valuation Administrator 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 Marion 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 Marion County. For example, the median tax bill in Marion County is $1,166, with tax bills ranging significantly across the county. Springfield has the highest median home price at $170,000.
Median Marion County Market Value
$120,000
Median Kentucky Market Value
$110,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Marion County, Kentucky
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bradfordsville | $10,000 | $35,000 | $75,000 | $143,750 | $260,000 |
| Campbellsville | $28,000 | $72,100 | $135,000 | $200,000 | $325,000 |
| Gravel Switch | $20,000 | $42,750 | $100,000 | $175,000 | $348,800 |
| Lebanon | $50,000 | $80,000 | $125,000 | $180,000 | $280,000 |
| Loretto | $35,800 | $70,000 | $120,000 | $180,000 | $293,000 |
| New Hope | $25,000 | $40,000 | $85,000 | $192,000 | $296,000 |
| Raywick | $30,000 | $63,750 | $123,750 | $200,000 | $340,500 |
| Saint Francis | $15,000 | $55,000 | $107,500 | $171,500 | $247,500 |
| Springfield | $110,000 | $130,000 | $170,000 | $240,000 | $442,000 |
Source: Ownwell
Property Tax Bills Across Marion County, Kentucky
In Marion County, KY, property tax bills are determined by applying the local property tax rate to the assessed value of a home. The median home price in the area is $120,000, and the property tax rate influences the overall tax bill. Homeowners in Marion County experience a range of tax bills, with the 25th percentile at $481 and the 75th percentile reaching $1,310. For those at the 90th percentile, tax bills can climb to $1,874.
The city of Springfield within the county has the highest median tax bill at $1,166, while Bradfordsville offers some relief with the lowest median tax bill of $416. Compared to the national median property tax bill of $2,400, Marion County presents a more affordable option for homeowners. However, the tax bill can significantly impact household budgets, especially for those paying at the higher end. Understanding these factors helps homeowners anticipate their financial obligations and plan accordingly.
Median Marion County Tax Bill
$852
Median Kentucky Tax Bill
$1,031
Median United States Tax Bill
$2,400
Property Tax Bills Across Marion County, Kentucky
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bradfordsville | $52 | $167 | $416 | $877 | $1,314 |
| Campbellsville | $152 | $342 | $728 | $1,250 | $1,615 |
| Gravel Switch | $88 | $242 | $571 | $987 | $1,378 |
| Lebanon | $289 | $571 | $897 | $1,378 | $1,973 |
| Loretto | $212 | $436 | $831 | $1,256 | $1,679 |
| New Hope | $108 | $305 | $457 | $1,178 | $1,659 |
| Raywick | $160 | $347 | $718 | $1,248 | $1,794 |
| Saint Francis | $90 | $392 | $718 | $1,121 | $1,507 |
| Springfield | $594 | $841 | $1,166 | $1,991 | $2,247 |
Source: Ownwell