Spencer County Property Taxes
Spencer County, Kentucky
Effective Tax Rate
0.00%
93.8% above state avgMedian Annual Tax
$0
$177/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
0.71%
At a Glance
Median Home Value
$297,600
State avg ▲ $150,167
Tax w/ Mortgage/yr
$2,205
$184/mo escrow
Tax w/o Mortgage/yr
$1,849
$154/mo
State Tax Rate Rank
#55
of 120 counties (1 = lowest)
Similar tax rates
Data Story
About Property Taxes in Spencer County, Kentucky
Spencer County slightly above national median
Spencer County's effective tax rate of 0.712% edges past the national median of 0.876%, placing it in the moderate tier nationally. At $2,118 median property tax, Spencer slightly exceeds the national median of $2,690 when adjusted for home values, reflecting mid-range burden. Spencer County's tax environment aligns closely with the national average.
Slightly below Kentucky average
Spencer County's rate of 0.712% sits just below Kentucky's state average of 0.719%, while its median tax of $2,118 substantially exceeds the state median of $1,093. This reflects Spencer's higher-than-average property values ($297,600), the highest among these eight counties.
Spencer middle of the pack regionally
Spencer County's 0.712% rate falls between Shelby County's 0.810% and Scott County's 0.681%, positioning it as a moderate option in the Bluegrass region. Its higher home values mean residents pay more in absolute dollars despite moderate rates.
What Spencer County homeowners pay
With Kentucky's highest median property value at $297,600, Spencer County residents pay approximately $2,118 annually in property taxes. With a mortgage, that rises to $2,205; without one, it drops to $1,849.
Higher values justify careful review
Spencer County homeowners carrying substantial property values should prioritize assessment reviews to catch overvaluation before it compounds across years. A successful appeal on a $297,600 property can yield significant annual savings.
How Spencer County Compares
Median Annual Property Tax
Spencer County
0.71%
Effective rate
Kentucky Avg
0.73%
Effective rate
National Avg
0.91%
Effective rate
Frequently Asked Questions
What is the property tax rate in Spencer County, Kentucky?
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How does Spencer County compare to the Kentucky average?
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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.