Paducah, Mccracken County, Kentucky Property Taxes
Property Taxes in Paducah, Kentucky
Median Paducah, Kentucky effective property tax rate: 0.79%, significantly lower than the national median of 1.02%, and lower than the Kentucky state median of 1.02%.
Median Paducah, Kentucky home value: $116,400
Median annual Paducah, Kentucky tax bill: $701, lower than the national median property tax bill of $2,400.
How are property taxes in McCracken calculated?
Property taxes in Paducah, 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 Paducah's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Paducah, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Paducah, Mccracken County, Kentucky Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.79%
Estimate Property Tax Bill
$920
$853
How Does the Paducah Property Tax Calculator Work?
Use this Paducah property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Paducah's median effective tax rate of 0.79% — based on actual property records in McCracken 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 Paducah'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 Paducah: rates range from $518.00 in 42003 to $844.00 in 42001, 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 Paducah.
About Paducah Property Taxes
About Property Taxes in Paducah, McCracken, Kentucky
Paducah's median effective property tax rate of 0.79% is lower than the Kentucky state median of 1.02% and lower than the national median of 1.02%. This rate reflects the McCracken 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 Paducah. Homeowners in the 42003 ZIP code carry a median effective rate of 0.84%, while those in 42001 pay 0.76%. This spread — 0.08 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across McCracken County. Understanding which part of Paducah you live in can make a meaningful difference to your annual tax bill.
Paducah 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 Paducah, Mccracken 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 Paducah'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 Paducah Tax Rate
0.79%
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 Mccracken County Tax Rate
0.82%
Median Effective Kentucky Tax Rate
1.02%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Paducah, Mccracken County, Kentucky
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 42001 | 0.29% | 0.36% | 0.76% | 0.97% | 1.00% |
| 42003 | 0.36% | 0.42% | 0.84% | 0.99% | 1.06% |
Source: Ownwell
Property Tax Assessment Values Across Paducah, Mccracken County, Kentucky
When examining property taxes in Paducah, 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 McCracken 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 McCracken 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 Paducah.
For example, the median home price in Paducah is $116,400, with tax bills ranging significantly across the county. 42001 has the highest median home price at $151,335.
Property Tax Assessment Values Across Paducah, Mccracken County, Kentucky
Source: Ownwell
$22,750
$87,043
$151,335
Median Paducah Market Value
$116,400
Median Mccracken County Market Value
$111,200
Median Kentucky Market Value
$116,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Paducah, Mccracken County, Kentucky
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 42001 | $10,000 | $65,000 | $151,335 | $238,575 | $356,340 |
| 42003 | $2,500 | $12,000 | $77,032 | $170,000 | $253,106 |
Source: Ownwell
Property Tax Bills Across Paducah, Mccracken County, Kentucky
Property tax bills in Paducah are calculated by applying local tax rates to a home’s assessed value, which is based on the market value of the property. That means the bill depends on both what a home is worth and the tax rates set by local governments in McCracken County.
For homeowners, this can create a wide range of outcomes. The median home price in Paducah is $116,400, and property tax bills vary from $146 at the 25th percentile to $1,616 at the 75th percentile. At the high end, the 90th percentile reaches $2,634, while the highest median tax bill is $844.00 in ZIP code 42001 and the lowest median tax bill is $518.00 in ZIP code 42003.
Compared with the national median property tax rate of 1.02% and the national median property tax bill of $2,400, Paducah homeowners often see lower bills, but the amount still depends on assessed value, local rates, and where the home is located.
Median Paducah Tax Bill
$701
Median Mccracken County Tax Bill
$703
Median Kentucky Tax Bill
$1,071
Median United States Tax Bill
$2,400
Property Tax Bills Across Paducah, Mccracken County, Kentucky
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 42001 | $56 | $270 | $844 | $1,845 | $2,974 |
| 42003 | $12 | $90 | $518 | $1,421 | $2,254 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | May 18 |
Links | |
|---|---|
| McCracken Tax Assessor | |
| Website | qpublic.schneidercorp.com |