Mccreary County, Kentucky Property Taxes
Property Taxes in Mccreary County, Kentucky
Median McCreary County effective property tax rate: 0.80%, significantly lower than the national median of 1.02%.
Median McCreary County home value: $40,000
Median annual McCreary County tax bill: $229, $2,171 lower than the national median property tax bill of $2,400.
How are property taxes in McCreary County calculated?
Property taxes in McCreary 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 McCreary County or another part of McCreary County, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Mccreary County, Kentucky Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.8%
Estimate Property Tax Bill
$320
$297
How Does the McCreary County Property Tax Calculator Work?
Use this McCreary County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies McCreary County's median effective tax rate of 0.80% to generate your estimate.
Enter your property's estimated assessed value — the figure the assessment office assigns for tax purposes, which is typically lower than market value after applicable exemptions. Our calculator uses the median effective rate for a more accurate estimate than the statutory millage rate alone.
Your actual bill may vary based on your specific exemptions, local school district levies, and any special assessment districts that apply to your property. McCreary County's median tax rate is lower than the 1.02% national median property tax rate, and the county's $229 median property tax bill is far below the $2,400 national median property tax bill.
For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across McCreary County.
Property Tax Rates Across Mccreary County, Kentucky
What Are Effective Property Tax Rates Across McCreary County?
Local government entities set tax rates, which vary widely across McCreary County. Each year, the county estimates its budget for public services and divides that total by the assessed value of all taxable property within its jurisdiction.
Below, compare McCreary County's effective property tax rate to other counties in Kentucky or the U.S. median of 1.02%.
McCreary County's median effective rate stands at 0.80%, which is lower than the national median of 1.02%. Within McCreary County, the highest rate is found in Beulah Heights at 0.80%, while Beulah Heights has the lowest at 0.80%.
These variations reflect differences in local school district levies, special assessment districts assessments, and special district bonds — which compound the base county rate.
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 Mccreary County Tax Rate
0.80%
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 Mccreary County, Kentucky
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Beulah Heights | 0.35% | 0.66% | 0.80% | 0.80% | 0.80% |
| Greenwood | 0.40% | 0.80% | 0.80% | 0.80% | 0.80% |
| Honeybee | 0.30% | 0.38% | 0.80% | 0.80% | 0.80% |
| Marshes Siding | 0.32% | 0.80% | 0.80% | 0.80% | 0.80% |
| Parkers Lake | 0.27% | 0.80% | 0.80% | 0.80% | 0.80% |
| Pine Knot | 0.23% | 0.58% | 0.80% | 0.80% | 0.80% |
| Revelo | 0.18% | 0.62% | 0.80% | 0.80% | 0.80% |
| Sawyer | 0.37% | 0.70% | 0.80% | 0.80% | 0.80% |
| Stearns | 0.26% | 0.75% | 0.80% | 0.80% | 0.80% |
| Strunk | 0.23% | 0.59% | 0.80% | 0.80% | 0.80% |
| Whitley City | 0.27% | 0.76% | 0.80% | 0.80% | 0.80% |
| Williamsburg | 0.20% | 0.50% | 0.80% | 0.80% | 0.80% |
Source: Ownwell
Property Tax Assessment Values Across Mccreary County, Kentucky
When examining property taxes in McCreary 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 McCreary County property valuation process 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 McCreary County, assessment notices are sent in April 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 McCreary County.
For example, the median tax bill in McCreary County is $229, compared with the national median property tax bill of $2,400. Tax bills range significantly across the county, with Pine Knot showing the highest median home price at $48,000.
Median Mccreary County Market Value
$40,000
Median Kentucky Market Value
$116,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Mccreary County, Kentucky
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Beulah Heights | $7,500 | $8,000 | $20,000 | $39,000 | $86,000 |
| Greenwood | $1,500 | $5,000 | $6,600 | $16,000 | $22,000 |
| Honeybee | $4,250 | $6,375 | $16,500 | $31,500 | $57,000 |
| Marshes Siding | $3,000 | $7,000 | $30,000 | $61,000 | $94,500 |
| Parkers Lake | $2,000 | $5,000 | $20,000 | $56,750 | $90,000 |
| Pine Knot | $5,000 | $14,000 | $48,000 | $88,000 | $141,600 |
| Revelo | $2,820 | $9,000 | $31,000 | $51,000 | $67,360 |
| Sawyer | $2,000 | $3,450 | $8,250 | $25,000 | $53,000 |
| Stearns | $4,000 | $13,000 | $40,000 | $74,000 | $125,000 |
| Strunk | $5,790 | $15,000 | $47,000 | $86,000 | $150,900 |
| Whitley City | $4,500 | $15,000 | $45,000 | $80,000 | $130,000 |
| Williamsburg | $2,500 | $9,000 | $30,000 | $58,000 | $114,000 |
Source: Ownwell
Property Tax Bills Across Mccreary County, Kentucky
Property tax bills in McCreary County are based on the assessed value of a home and the local tax rate set by taxing authorities. The assessed value is used to determine how much tax a homeowner owes, and that amount can vary depending on where the property is located within the county and which local services are funded by those taxes. For a county with a median home price of $40,000, even small changes in assessment or rate can affect the final bill.
Homeowners in McCreary County see a wide range of tax bills. The 25th percentile bill is $64, while the 75th percentile reaches $550, and the 90th percentile climbs to $988. Median tax bills also vary by city, from $104 in Parkers Lake to $280 in Pine Knot. These differences show how property taxes can affect affordability and monthly housing costs for homeowners.
Median Mccreary County Tax Bill
$229
Median Kentucky Tax Bill
$1,071
Median United States Tax Bill
$2,400
Property Tax Bills Across Mccreary County, Kentucky
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Beulah Heights | $57 | $64 | $88 | $221 | $619 |
| Greenwood | $12 | $40 | $53 | $88 | $161 |
| Honeybee | $32 | $49 | $64 | $201 | $389 |
| Marshes Siding | $16 | $40 | $149 | $400 | $761 |
| Parkers Lake | $16 | $32 | $104 | $360 | $681 |
| Pine Knot | $40 | $80 | $280 | $639 | $1,041 |
| Revelo | $17 | $56 | $160 | $280 | $455 |
| Sawyer | $18 | $40 | $49 | $128 | $239 |
| Stearns | $24 | $65 | $239 | $521 | $974 |
| Strunk | $32 | $84 | $270 | $641 | $1,146 |
| Whitley City | $26 | $80 | $280 | $601 | $1,001 |
| Williamsburg | $16 | $56 | $160 | $296 | $828 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | May 19 |
Links | |
|---|---|
| McCreary Tax Assessor | |
| Website | www.qpublic.net |