Martin County Property Taxes

Martin County, Kentucky

Effective Tax Rate

0.00%

39.9% below state avg

Median Annual Tax

$0

$55/mo escrow

#89 of 120 counties in Kentucky

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

0.77%

vs. Kentucky Avg39.9% below
vs. National Avg75.6% below

At a Glance

Median Home Value

$84,900

State avg $150,167

Tax w/ Mortgage/yr

$1,014

$85/mo escrow

Tax w/o Mortgage/yr

$568

$47/mo

State Tax Rate Rank

#89

of 120 counties (1 = lowest)

Data Story

About Property Taxes in Martin County, Kentucky

Martin's rate ranks among nation's lowest

Martin County's 0.774% effective tax rate remains far below the national median of $2,690 annually on a $281,900 home, reflecting Appalachian property values averaging just $84,900. Even with one of the region's highest rates, Martin homeowners pay less than one-third the national median tax bill.

Martin highest-rate county in this group

At 0.774%, Martin County's effective rate exceeds Kentucky's state average of 0.719% by a notable margin, ranking as one of the state's higher-rate counties. The median tax bill of $657 remains 40% below Kentucky's $1,093 state median, driven by low property values.

Martin tops regional tax rate rankings

Martin County's 0.774% rate is the highest among nearby peers, surpassing Madison County (0.739%), McCracken County (0.734%), Magoffin County (0.728%), Marshall County (0.717%), and Mason County (0.634%). Despite this, absolute tax bills remain modest due to low home values.

Median Martin home pays $657 yearly

An $84,900 home in Martin County incurs approximately $657 in annual property taxes, translating to about $55 monthly for owners without mortgages. Adding mortgage-related assessments raises the typical bill to $1,014.

Overassessment still possible in Martin

Even in Martin County's economically challenged housing market, assessments can exceed actual property values, particularly for older homes. Requesting a formal assessment appeal with the county assessor requires minimal effort and could yield immediate savings.

How Martin County Compares

Median Annual Property Tax

Martin County$657
Kentucky State Average$1,093
National Average$1,924

Martin County

0.77%

Effective rate

Kentucky Avg

0.73%

Effective rate

National Avg

0.91%

Effective rate

Frequently Asked Questions

What is the property tax rate in Martin County, Kentucky?
The effective property tax rate in Martin County, Kentucky is 0.77%. This rate is calculated by dividing the median property tax payment by the median home value in the county.
How much are property taxes in Martin County?
The median annual property tax payment in Martin County is $657. Homeowners with a mortgage pay a median of $1,014, while those without a mortgage pay $568.
How does Martin County compare to the Kentucky average?
Martin County's effective tax rate of 0.77% is higher than the Kentucky state average of 0.73%. The median annual property tax in Martin County is $657, compared to the state average of $1,093.
What is the median home value in Martin County, Kentucky?
The median home value in Martin County, Kentucky is $84,900, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Why is Martin County property tax rate higher than the Kentucky average?
Martin County's effective property tax rate of 0.77% is higher than the Kentucky average of 0.73%. This difference of 0.05% can be attributed to local funding needs for schools, infrastructure, and municipal services. Higher rates often correlate with more urbanized areas or counties with greater public service demands.
How does Martin County rank for property taxes in Kentucky?
Martin County ranks #89 out of 120 counties in Kentucky by effective property tax rate (1 = lowest). With a rate of 0.77% and median annual tax of $657, it falls in the upper third of counties statewide.

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.