Morgan County, Kentucky Property Taxes
Median Morgan County effective property tax rate: 1.24%, significantly higher than the national median of 1.02%.
Median Morgan County home value: $35,000
Median annual Morgan County tax bill: $263, $2,137 lower than the national median property tax bill of $2,400.
How are property taxes in Morgan County calculated?
Property taxes in Morgan 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 West Liberty or another part of Morgan County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Morgan County, Kentucky Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.24%
Estimate Property Tax Bill
$434
$403
Ownwell’s Morgan County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Morgan County with just two data points.
By entering your property's estimated assessed value, our calculator applies Morgan County’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations.
This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Morgan County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Morgan County, Kentucky
Local government entities within Kentucky set tax rates, which can vary widely across the state. Each county, including Morgan County, annually estimates the budget necessary to provide essential services. This budget is then divided by the total value of all taxable property within the county, determining the property tax rate. Although votes and legislation play a role in setting these rates and budgets, this is essentially the annual process.
Morgan County's effective property tax rate is 1.24%, which is above the national median property tax rate of 1.02%. This places Morgan County among the higher property tax rates in Kentucky. For comparison, Cannel City has the highest median tax rate in the county at 1.24%, while Wellington has the lowest at 1.18%. When comparing these rates to the national landscape, Morgan County's rate results in a higher tax bill than the national median property tax bill of $2,400. Understanding these differences is crucial for property owners considering a property tax appeal or exemption.
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 Morgan County Tax Rate
1.24%
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 Morgan County, Kentucky
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Cannel City | 0.44% | 1.04% | 1.24% | 1.24% | 1.24% |
| Elkfork | 0.14% | 0.87% | 1.24% | 1.24% | 1.24% |
| Ezel | 0.28% | 0.74% | 1.24% | 1.24% | 1.24% |
| Grassy Creek | 0.33% | 0.72% | 1.24% | 1.24% | 1.24% |
| Hazel Green | 0.24% | 0.70% | 1.24% | 1.24% | 1.24% |
| Mize | 0.71% | 1.24% | 1.24% | 1.24% | 1.24% |
| Wellington | 0.46% | 0.66% | 1.18% | 1.24% | 1.24% |
| West Liberty | 0.36% | 0.84% | 1.24% | 1.24% | 1.24% |
| Campton | N/A | N/A | N/A | N/A | N/A |
| Crockett | N/A | N/A | N/A | N/A | N/A |
| Flatgap | N/A | N/A | N/A | N/A | N/A |
| Jenkins | N/A | N/A | N/A | N/A | N/A |
| Malone | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Morgan County, Kentucky
When examining property taxes in Morgan 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 Morgan 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 Morgan 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 Morgan County. For example, the median tax bill in Morgan County is $186, with tax bills ranging significantly across the county. Wellington has the highest median home price at $45,000.
Median Morgan County Market Value
$35,000
Median Kentucky Market Value
$110,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Morgan County, Kentucky
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Cannel City | $2,500 | $6,000 | $23,000 | $45,000 | $72,500 |
| Elkfork | $4,000 | $9,750 | $35,000 | $50,000 | $84,000 |
| Ezel | $5,000 | $15,000 | $40,000 | $75,500 | $143,800 |
| Grassy Creek | $5,000 | $15,000 | $38,000 | $75,000 | $119,600 |
| Hazel Green | $3,550 | $12,375 | $41,250 | $75,000 | $124,500 |
| Mize | $2,000 | $4,350 | $24,500 | $82,500 | $125,000 |
| Wellington | $5,000 | $15,000 | $45,000 | $108,000 | $202,000 |
| West Liberty | $3,000 | $10,000 | $35,000 | $71,375 | $125,000 |
| Campton | N/A | N/A | N/A | N/A | N/A |
| Crockett | N/A | N/A | N/A | N/A | N/A |
| Flatgap | N/A | N/A | N/A | N/A | N/A |
| Jenkins | N/A | N/A | N/A | N/A | N/A |
| Malone | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Morgan County, Kentucky
Median Morgan County Tax Bill
$263
Median Kentucky Tax Bill
$1,031
Median United States Tax Bill
$2,400
Property Tax Bills Across Morgan County, Kentucky
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Cannel City | $24 | $62 | $186 | $419 | $621 |
| Elkfork | $35 | $62 | $248 | $482 | $783 |
| Ezel | $37 | $99 | $320 | $711 | $1,366 |
| Grassy Creek | $45 | $107 | $342 | $770 | $1,178 |
| Hazel Green | $22 | $84 | $294 | $747 | $1,234 |
| Mize | $25 | $37 | $280 | $1,304 | $1,552 |
| Wellington | $61 | $147 | $411 | $1,072 | $1,915 |
| West Liberty | $31 | $75 | $257 | $688 | $1,304 |
| Campton | N/A | N/A | N/A | N/A | N/A |
| Crockett | N/A | N/A | N/A | N/A | N/A |
| Flatgap | N/A | N/A | N/A | N/A | N/A |
| Jenkins | N/A | N/A | N/A | N/A | N/A |
| Malone | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell