Monroe County Property Taxes
Monroe County, Kentucky
Effective Tax Rate
0.00%
18.4% below state avgMedian Annual Tax
$0
$74/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
0.77%
At a Glance
Median Home Value
$116,300
State avg ▼ $150,167
Tax w/ Mortgage/yr
$959
$80/mo escrow
Tax w/o Mortgage/yr
$748
$62/mo
State Tax Rate Rank
#87
of 120 counties (1 = lowest)
Data Story
About Property Taxes in Monroe County, Kentucky
Monroe's rate moderately exceeds nation
Monroe County's effective tax rate of 0.767% runs 8% above the national median of 0.71%, reflecting a slightly heavier burden than typical. Median property taxes of $892 annually remain just 33% of the national median of $2,690, thanks to lower home valuations in the region.
Above Kentucky's typical burden
Monroe County's rate of 0.767% exceeds Kentucky's state average of 0.719%, placing it in the upper-middle tier of state tax burdens. The median annual tax of $892 is about 18% below the state median of $1,093, despite the higher rate.
Above-average rate for the region
Monroe County's 0.767% rate ranks third-highest in this eight-county group, behind only Mercer County (0.819%) and Metcalfe County (0.721%). Yet its median tax bill of $892 remains relatively modest due to lower median home values.
Median home costs $892 per year
On a median home valued at $116,300, Monroe County residents pay approximately $892 in annual property taxes. That figure rises to roughly $959 when mortgage insurance and related fees are factored in.
Challenge your assessment if warranted
Even though Monroe County's median tax bills are modest, some homeowners may still be overassessed relative to their home's true market value. Kentucky's appeal process is free and accessible—a smart step if you believe your property is valued too high.
How Monroe County Compares
Median Annual Property Tax
Monroe 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 Monroe County, Kentucky?
How much are property taxes in Monroe County?
How does Monroe County compare to the Kentucky average?
What is the median home value in Monroe County, Kentucky?
Why is Monroe County property tax rate higher than the Kentucky average?
How does Monroe 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.