Bulan, Perry County, Kentucky Property Taxes

Name: Property Tax Bills Across Bulan, Perry County, Kentucky
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Bulan, KY effective property tax rate: 1.04%, slightly higher than the national median of 1.02%, but lower than the Kentucky state median of 1.02%.
Median Bulan, KY home value: $8,000
Median annual Bulan, KY tax bill: $73, $2,327 lower than the national median property tax bill of $2,400.

How are property taxes in Perry County calculated?

Property taxes in Bulan, KY 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 Bulan’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bulan, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Bulan, Perry County, Kentucky Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.04%

Estimate Property Tax Bill

$104

$97

Ownwell’s Bulan Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Bulan with just two data points. By entering your property's estimated assessed value, our calculator applies Bulan’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by Perry County — reflects any exemptions you may have, ensuring a 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 Perry County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Bulan, Perry County, Kentucky

Local government entities are responsible for setting tax rates, which can vary significantly within a state. This variation arises because each county annually estimates the budget required to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Though the process involves votes and laws, this is essentially how it works each year. In Bulan, located in Perry County, Kentucky, the effective property tax rate is a reflection of this process. When comparing Bulan’s property tax rate to other cities in Kentucky, it aligns closely with the state's median property tax rate of 1.04%, which is slightly above the national median of 1.02%. This indicates that while Bulan's property tax rate is consistent with the state average, it is somewhat higher than the national average. Understanding these nuances can help property owners in Bulan make informed decisions about their property investments and tax appeals.

Property Tax Rates Across Bulan, Perry County, Kentucky

Source: Ownwell

1.04%

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 Bulan Tax Rate

1.04%

Median Effective Perry County Tax Rate

1.04%

Median Effective Kentucky Tax Rate

1.02%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Bulan, Perry County, Kentucky

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
41722	1.04%	1.04%	1.04%	1.04%	1.04%

Source: Ownwell

Property Tax Assessment Values Across Bulan, Perry County, Kentucky

When examining property taxes in Bulan, KY, 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 Perry County appraisal district 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.

In Perry 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 Bulan.

For example, the median home price in Bulan is $8,000, with tax bills ranging significantly across the county. Zip code 41722 has the highest median home price at $8,000.

Property Tax Assessment Values Across Bulan, Perry County, Kentucky

Source: Ownwell

$5,000

$18,600

$32,200

Median Bulan Market Value

$10,000

Median Perry County Market Value

$11,500

Median Kentucky Market Value

$116,000

Median United States Market Value

$235,294

Property Tax Assessment Values Across Bulan, Perry County, Kentucky

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
41722	$1,620	$5,000	$10,000	$29,400	$52,455

Source: Ownwell

Property Tax Bills Across Bulan, Perry County, Kentucky

In Bulan, Perry County, Kentucky, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. The assessed value is a percentage of the home's market value, which in Bulan is notably lower than the national median, with a median home price of $8,000. The tax rate is applied to this assessed value to calculate the annual tax bill. In Bulan, the property tax bill can vary significantly, with the 25th percentile at $52 and the 90th percentile reaching $458. This range indicates that homeowners in Bulan can experience vastly different tax obligations depending on their property's assessed value. For homeowners, these taxes are a crucial consideration as they impact overall housing affordability. Ownwell assists homeowners by identifying potential savings through property tax appeals and exemptions. By leveraging expertise in local property tax regulations, Ownwell can help homeowners challenge their assessments, potentially lowering their property tax bills and easing their financial burden.

Property Tax Bills Across Bulan, Perry County, Kentucky

Source: Ownwell

$52

$224

$395

Median Bulan Tax Bill

$104

Median Perry County Tax Bill

$150

Median Kentucky Tax Bill

$1,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Bulan, Perry County, Kentucky

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
41722	$31	$52	$104	$312	$548

Source: Ownwell