Pleasureville, Shelby County, Kentucky Property Taxes

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

Median Pleasureville, KY effective property tax rate: 1.17%, significantly higher than the national median of 1.02%, but lower than the Kentucky state median of 1.02%.
Median Pleasureville, KY home value: $125,000
Median annual Pleasureville, KY tax bill: $1,360, $1,040 lower than the national median property tax bill of $2,400.

How are property taxes in Shelby calculated?

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

Last Updated March 1, 2025

Pleasureville, Shelby County, Kentucky Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.17%

Estimate Property Tax Bill

$1,462

$1,357

Ownwell’s Pleasureville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Pleasureville with just two data points. By entering your property's estimated assessed value, our calculator applies Pleasureville’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 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 Shelby. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Pleasureville, Shelby County, Kentucky

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 Pleasureville’s effective property tax rate to other cities in Kentucky and the median property tax rates in Kentucky and the U.S.

Property Tax Rates Across Pleasureville, Shelby County, Kentucky

Source: Ownwell

1.09%

1.13%

1.18%

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 Pleasureville Tax Rate

1.17%

Median Effective Shelby County Tax Rate

1.15%

Median Effective Kentucky Tax Rate

1.02%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Pleasureville, Shelby County, Kentucky

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
40057	0.69%	1.05%	1.17%	1.19%	1.22%

Source: Ownwell

Property Tax Assessment Values Across Pleasureville, Shelby County, Kentucky

When examining property taxes in Pleasureville, 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 Shelby 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 Shelby 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 Pleasureville. For example, the median home price in Pleasureville is $125,000, with tax bills ranging significantly across the county. Zip code 40057 has the highest median home price at $125,000.

Property Tax Assessment Values Across Pleasureville, Shelby County, Kentucky

Source: Ownwell

$50,000

$222,500

$395,000

Median Pleasureville Market Value

$125,000

Median Shelby County Market Value

$175,000

Median Kentucky Market Value

$110,000

Median United States Market Value

$235,294

Property Tax Assessment Values Across Pleasureville, Shelby County, Kentucky

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
40057	$33,940	$67,067	$125,000	$188,750	$272,160

Source: Ownwell

Property Tax Bills Across Pleasureville, Shelby County, Kentucky

In Pleasureville, located in Shelby County, KY, property tax bills are determined by the assessed value of a property multiplied by the local tax rate. For homeowners, understanding this calculation is crucial, as it directly impacts their annual expenses. The median home price in Pleasureville is $125,000, and property tax bills can vary significantly. For instance, the 25th percentile tax bill is $629, while the 75th percentile reaches $2,142, and the 90th percentile hits $3,039. Compared to the national median property tax bill of $2,400, Pleasureville's tax bills can be more favorable, depending on where they fall within the percentiles. Homeowners in Pleasureville can benefit from appealing their property tax assessments, potentially reducing their tax burden. This is where Ownwell comes in. By providing expert property tax appeal services, Ownwell helps homeowners navigate the complexities of the tax system, ensuring they only pay what is fair. This can lead to significant savings, particularly for those at the higher end of the tax bill spectrum.

Property Tax Bills Across Pleasureville, Shelby County, Kentucky

Source: Ownwell

$508

$2,464

$4,420

Median Pleasureville Tax Bill

$1,360

Median Shelby County Tax Bill

$1,854

Median Kentucky Tax Bill

$1,031

Median United States Tax Bill

$2,400

Property Tax Bills Across Pleasureville, Shelby County, Kentucky

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
40057	$203	$629	$1,360	$2,142	$3,039

Source: Ownwell