Perryville, Washington County, Kentucky Property Taxes
Median Perryville, KY effective property tax rate: 0.76%, significantly lower than the national median of 1.02%, but lower than the Kentucky state median of 1.02%.
Median Perryville, KY home value: $110,000
Median annual Perryville, KY tax bill: $483, $1,917 lower than the national median property tax bill of $2,400.
How are property taxes in Washington calculated?
Property taxes in Perryville, 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 Perryville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Perryville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Perryville, Washington County, Kentucky Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.76%
Estimate Property Tax Bill
$836
$776
Property Tax Rates Across Perryville, Washington County, Kentucky
Local government entities set tax rates, which can vary widely within a state. 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.
Perryville in Washington County, Kentucky, offers a unique perspective on property taxes. With an effective property tax rate of 0.76%, it stands out compared to other cities in Kentucky. The state’s median property tax rate aligns precisely with Perryville’s rate, providing a consistent tax environment statewide. When compared to the national median property tax rate of 1.02%, Perryville’s rate is notably lower, offering property owners a more favorable tax scenario. The national median property tax bill of $2400 further highlights the potential savings for residents in Perryville, where tax bills are likely to be lower due to the reduced rate. This advantageous tax situation can be appealing for potential homeowners and investors looking for cost-effective property ownership in Kentucky.
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 Perryville Tax Rate
0.76%
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 Washington County Tax Rate
0.86%
Median Effective Kentucky Tax Rate
1.02%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Perryville, Washington County, Kentucky
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 40468 | 0.17% | 0.35% | 0.76% | 1.10% | 1.35% |
Source: Ownwell
Property Tax Assessment Values Across Perryville, Washington County, Kentucky
When examining property taxes in Perryville, 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 Washington 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 Washington 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 Perryville.
For example, the median home price in Perryville is $110,000, with tax bills ranging significantly across the county. Zip code 40468 has the highest median home price at $110,000.
Property Tax Assessment Values Across Perryville, Washington County, Kentucky
Source: Ownwell
$110,000
$169,375
$228,750
Median Perryville Market Value
$110,000
Median Washington County Market Value
$130,000
Median Kentucky Market Value
$110,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Perryville, Washington County, Kentucky
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 40468 | $10,000 | $38,000 | $110,000 | $192,500 | $301,400 |
Source: Ownwell
Property Tax Bills Across Perryville, Washington County, Kentucky
Median Perryville Tax Bill
$483
Median Washington County Tax Bill
$877
Median Kentucky Tax Bill
$1,031
Median United States Tax Bill
$2,400
Property Tax Bills Across Perryville, Washington County, Kentucky
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 40468 | $115 | $214 | $483 | $1,070 | $1,716 |
Source: Ownwell