Categories: Kentucky News

Property tax going down for 5th year in Kentucky

KENTUCKY (FOX 56) — Property tax rates are going down in Kentucky.

On Thursday, Gov. Andy Beshear announced that for the fifth straight year, there will be a decrease in the state real property tax rate.

“Every step that keeps more dollars in our families’ pockets is important,” Beshear said on Facebook.

What are Kentucky real property taxes?

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Real property taxes are annual taxes homeowners pay on the assessed value of their house.

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The 2025 rate will be 10.6 cents for every $100 of assessed home value, down around 3 cents from last year.

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