Fayette County, KY Property Tax Calculator
Fayette County homeowners pay a median $2,542 a year in property tax, 0.87% of a median $293,500 home: above Kentucky's 0.75% but below the national 0.94%.
Property tax in Fayette County by home value, at 0.87%
| Home value | A year | A month |
|---|---|---|
| $200,000 | $1,732 | $144 |
| $300,000 | $2,598 | $217 |
| $400,000 | $3,464 | $289 |
| $500,000 | $4,330 | $361 |
| $750,000 | $6,495 | $541 |
| $1,000,000 | $8,660 | $722 |
Fayette County against Kentucky and the US
| Effective rate | Median tax | Median home value | Median household income | |
|---|---|---|---|---|
| Fayette County | 0.87% | $2,542 | $293,500 | $69,479 |
| Kentucky | 0.75% | $1,544 | $205,600 | $63,726 |
| United States | 0.94% | $3,119 | $332,700 | $80,734 |
How this calculator works
Median real estate taxes paid ÷ median home value in Fayette County, from the Census Bureau's American Community Survey 2020–2024 5-year estimates. The calculator starts at the county's median home value and rate.
What it assumes
- Cities, school districts and special districts within the county levy different rates, so bills vary within it.
- Survey figures cover 2020 to 2024 and lag recent reassessments.
Questions people ask
What is the property tax rate in Fayette County?
The effective rate is 0.87%: a median $2,542 a year on a median $293,500 home. That's the 4th highest of the 19 Kentucky counties we cover.
How much is property tax on a $400,000 house in Fayette County?
About $3,464 a year, $289 a month, at the county's effective rate, before any exemption.
How does Fayette County compare with the rest of Kentucky?
Its rate is above the state's 0.75%. Across Kentucky, covered counties range from 0.57% to 1.01%.
How do I lower my Fayette County property tax?
Apply for every exemption you qualify for, such as a homestead exemption, and appeal your assessment if it is higher than comparable homes sold nearby; the county assessor explains the deadlines.
Other Kentucky counties
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Sources
Updated by the RateHerald team. The maths is tested against worked examples; report a problem.