Mercer County Property Taxes

Mercer County, Kentucky

Effective Tax Rate

0.00%

42.1% above state avg

Median Annual Tax

$0

$129/mo escrow

#97 of 120 counties in Kentucky

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

0.82%

vs. Kentucky Avg42.1% above
vs. National Avg42.3% below

At a Glance

Median Home Value

$189,700

State avg $150,167

Tax w/ Mortgage/yr

$1,714

$143/mo escrow

Tax w/o Mortgage/yr

$1,347

$112/mo

State Tax Rate Rank

#97

of 120 counties (1 = lowest)

Data Story

About Property Taxes in Mercer County, Kentucky

Mercer carries the region's heaviest rate

Mercer County's effective tax rate of 0.819% is the highest in this eight-county region and exceeds the national median of 0.71% by 15%. While median property taxes of $1,553 annually remain well below the national median of $2,690, the rate burden is comparatively steep.

Highest rate among Kentucky comparables

Mercer County's 0.819% rate significantly exceeds Kentucky's state average of 0.719%, placing it in the upper tier of the state's property tax burden. The median annual tax of $1,553 is 42% higher than the state median of $1,093.

Top tax rate in this regional group

Mercer County's 0.819% effective rate is the highest among all eight counties examined, with Meade County at 0.711% running second. Mercer also has the highest median tax bill at $1,553, reflecting both higher rates and higher home values.

Median home costs $1,553 annually

On a median home valued at $189,700, Mercer County residents pay approximately $1,553 per year in property taxes. This amount increases to roughly $1,714 when mortgage insurance and related fees are included.

Assessment appeals could provide relief

Given Mercer County's higher tax rate, homeowners should especially consider reviewing their property assessments for accuracy. An appeal is free to file and could reduce your annual tax burden if your home is assessed above its current market value.

How Mercer County Compares

Median Annual Property Tax

Mercer County$1,553
Kentucky State Average$1,093
National Average$1,924

Mercer County

0.82%

Effective rate

Kentucky Avg

0.73%

Effective rate

National Avg

0.91%

Effective rate

Frequently Asked Questions

What is the property tax rate in Mercer County, Kentucky?
The effective property tax rate in Mercer County, Kentucky is 0.82%. 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 Mercer County?
The median annual property tax payment in Mercer County is $1,553. Homeowners with a mortgage pay a median of $1,714, while those without a mortgage pay $1,347.
How does Mercer County compare to the Kentucky average?
Mercer County's effective tax rate of 0.82% is higher than the Kentucky state average of 0.73%. The median annual property tax in Mercer County is $1,553, compared to the state average of $1,093.
What is the median home value in Mercer County, Kentucky?
The median home value in Mercer County, Kentucky is $189,700, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Why is Mercer County property tax rate higher than the Kentucky average?
Mercer County's effective property tax rate of 0.82% is higher than the Kentucky average of 0.73%. This difference of 0.09% 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 Mercer County rank for property taxes in Kentucky?
Mercer County ranks #97 out of 120 counties in Kentucky by effective property tax rate (1 = lowest). With a rate of 0.82% and median annual tax of $1,553, 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.