Graves County Property Taxes
Graves County, Kentucky
Effective Tax Rate
0.00%
15% below state avgMedian Annual Tax
$0
$77/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
0.67%
At a Glance
Median Home Value
$139,000
State avg ▼ $150,167
Tax w/ Mortgage/yr
$1,136
$95/mo escrow
Tax w/o Mortgage/yr
$712
$59/mo
State Tax Rate Rank
#37
of 120 counties (1 = lowest)
Data Story
About Property Taxes in Graves County, Kentucky
Graves County taxes are well below U.S. average
Graves County's effective tax rate of 0.668% ranks significantly lower than the national median effective rate of approximately 0.85%, placing it in the lowest quartile nationwide. The median property tax of $929 is less than one-third the national median of $2,690.
Among Kentucky's lowest-tax counties
Graves County's 0.668% effective rate sits below Kentucky's state average of 0.719%, making it one of the more affordable counties for property taxation in the commonwealth. At $929 in median tax, Graves residents pay about $164 less than the typical Kentucky homeowner.
One of the region's tax bargains
Graves County's $929 median tax is the lowest among its regional peers, undercutting Grant County ($1,339) and Grayson County ($896) significantly. The lower tax reflects Graves's modest median home value of $139,000, making it an attractive option for budget-conscious homebuyers.
What your Graves County home costs
A homeowner with a median-valued property of $139,000 pays approximately $929 annually in property taxes. With a mortgage, that figure rises to $1,136 when including escrow and insurance; without a mortgage, it drops to $712.
Challenge your assessment if needed
Even in a low-tax county like Graves, some homeowners are overassessed due to outdated property records or inflated valuations. If you believe your home's assessed value is too high, contact the Graves County Property Valuation Administrator to request an appeal and potentially lower your annual tax bill.
How Graves County Compares
Median Annual Property Tax
Graves County
0.67%
Effective rate
Kentucky Avg
0.73%
Effective rate
National Avg
0.91%
Effective rate
Frequently Asked Questions
What is the property tax rate in Graves County, Kentucky?
How much are property taxes in Graves County?
How does Graves County compare to the Kentucky average?
What is the median home value in Graves County, Kentucky?
Is Graves County a low property tax area in Kentucky?
How does Graves County rank for property taxes in Kentucky?
Counties with Similar Tax Rates
Nearby Counties
Other Counties in Kentucky
Data updated: March 2026
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates. Effective tax rate is calculated as median property tax divided by median home value.