Montgomery County, Kentucky Property Taxes
Property Taxes in Montgomery County, Kentucky
Median Montgomery County effective property tax rate: 1.09%, significantly higher than the national median of 1.02%.
Median Montgomery County home value: $87,000
Median annual Montgomery County tax bill: $805, lower than the national median property tax bill of $2,400.
How are property taxes in Montgomery County calculated?
Property taxes in Montgomery 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.
Why do Montgomery County property taxes matter? Because even a modest assessed value can create a meaningful tax bill, and understanding your county’s property tax system can help identify savings opportunities. How much do homeowners pay? The median annual tax bill is $805, which is well below the national median of $2,400. What drives the bill? The assessed value and available exemptions are key factors. Whether you live in Montgomery County or another part of the county, knowing local property tax details can help homeowners and investors reduce what they owe.
Last Updated April 13, 2026
Montgomery County, Kentucky Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.09%
Estimate Property Tax Bill
$948
$880
How Does the Montgomery County Property Tax Calculator Work?
Use this Montgomery County property tax calculator to estimate your annual property tax bill. Enter your property’s assessed value and our calculator applies Montgomery County’s median effective tax rate of 1.09% to generate your estimate.
Enter your property’s estimated assessed value — the figure the appraisal district 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.
Montgomery County’s median tax rate is higher than the national median property tax rate of 1.02%, and the median property tax bill is $805, which is lower than the national median property tax bill of $2,400 by $1,595.
Your actual bill may vary based on your specific exemptions, local school district levies, and any special assessment districts that apply to your property.
For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Montgomery County.
Property Tax Rates Across Montgomery County, Kentucky
What Are Effective Property Tax Rates Across Montgomery County?
Local government entities set tax rates, which vary widely across Montgomery 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 Montgomery County's effective property tax rate to other counties in Kentucky or the U.S. median of 1.02%.
Montgomery County's median effective rate stands at 1.09%, which is higher than the national median of 1.02%. Within Montgomery County, the highest rate is found in Jeffersonville at 1.09%, while Jeffersonville has the lowest at 1.09%.
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 Montgomery County Tax Rate
1.09%
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 Montgomery County, Kentucky
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Jeffersonville | 0.50% | 1.09% | 1.09% | 1.09% | 1.09% |
| Means | 0.97% | 1.09% | 1.09% | 1.09% | 1.09% |
| Mount Sterling | 0.59% | 0.99% | 1.09% | 1.09% | 1.09% |
| Owingsville | 0.82% | 1.09% | 1.09% | 1.09% | 1.09% |
| Hope | N/A | N/A | N/A | N/A | N/A |
| Paris | N/A | N/A | N/A | N/A | N/A |
| Winchester | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Montgomery County, Kentucky
When examining property taxes in Montgomery 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 Montgomery 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 Montgomery County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of May.
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 Montgomery County.
For example, the median tax bill in Montgomery County is $805, with tax bills ranging significantly across the county. Mount Sterling has the highest median home price at $98,500.
Property Tax Assessment Values Across Montgomery County, Kentucky
Source: Ownwell
$28,000
$63,250
$98,500
Median Montgomery County Market Value
$87,000
Median Kentucky Market Value
$116,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Montgomery County, Kentucky
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Jeffersonville | $7,550 | $18,000 | $54,000 | $100,000 | $156,800 |
| Means | $6,200 | $10,000 | $28,000 | $66,500 | $112,800 |
| Mount Sterling | $12,000 | $52,000 | $98,500 | $156,000 | $230,000 |
| Owingsville | $6,300 | $25,000 | $85,000 | $190,000 | $299,200 |
| Hope | N/A | N/A | N/A | N/A | N/A |
| Paris | N/A | N/A | N/A | N/A | N/A |
| Winchester | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Montgomery County, Kentucky
How are property tax bills calculated in Montgomery County, Kentucky?
Property tax bills in Montgomery County are based on the assessed value of a home, not its market price alone. Local tax rates are applied to that assessed value to determine the final bill, so two homes with similar market values can still owe different amounts if their assessments differ. Factors such as property characteristics, location, and any exemptions can affect the amount a homeowner pays.
With a median home price of $87,000, the county’s tax bills are generally modest compared with the national median property tax bill of $2,400. The 25th percentile tax bill is $291, while the 75th percentile is $1,435 and the 90th percentile is $2,186. Median tax bills also vary by city, from $290.00 in Means to $907.00 in Mount Sterling.
For homeowners, this means property taxes can be a meaningful part of housing costs, and even small changes in assessment can affect the annual bill.
Median Montgomery County Tax Bill
$805
Median Kentucky Tax Bill
$1,071
Median United States Tax Bill
$2,400
Property Tax Bills Across Montgomery County, Kentucky
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Jeffersonville | $66 | $164 | $437 | $970 | $1,668 |
| Means | $71 | $104 | $290 | $616 | $1,383 |
| Mount Sterling | $109 | $385 | $907 | $1,530 | $2,308 |
| Owingsville | $66 | $257 | $907 | $2,060 | $3,060 |
| Hope | N/A | N/A | N/A | N/A | N/A |
| Paris | N/A | N/A | N/A | N/A | N/A |
| Winchester | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | May 18 |
Links | |
|---|---|
| Montgomery Tax Assessor | |
| Website | qpublic.schneidercorp.com |