Woodford County Property Taxes

Woodford County, Kentucky

Effective Tax Rate

0.00%

83.3% above state avg

Median Annual Tax

$0

$167/mo escrow

#79 of 120 counties in Kentucky

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

0.74%

vs. Kentucky Avg83.3% above
vs. National Avg25.5% below

At a Glance

Median Home Value

$270,400

State avg $150,167

Tax w/ Mortgage/yr

$2,055

$171/mo escrow

Tax w/o Mortgage/yr

$1,941

$162/mo

State Tax Rate Rank

#79

of 120 counties (1 = lowest)

Data Story

About Property Taxes in Woodford County, Kentucky

Woodford County taxes: Below national average

Woodford County's effective tax rate of 0.741% falls slightly below the national median of 0.84%, positioning the county in the lower-middle range of U.S. jurisdictions. At $2,003 annually, median property taxes remain well below the national median of $2,690, though higher-valued homes here push costs upward.

Above Kentucky's average but homes costlier

Woodford County's 0.741% effective rate sits 3% above Kentucky's state average of 0.719%, but its median tax of $2,003 far exceeds the state median of $1,093. This gap reflects Woodford's higher home values: the median here is $270,400 versus Kentucky's typical property.

Higher-value homes drive higher bills

Woodford County's 0.741% rate clusters near Union County at 0.787% but exceeds Warren County at 0.642%, Washington County at 0.716%, and Wayne County at 0.578%. The significantly higher median home value of $270,400 means Woodford residents pay the highest median tax bill in this analysis: $2,003.

Median tax bill: $2,003 annually

On Woodford County's median home valued at $270,400, homeowners pay approximately $2,003 per year in property taxes. With mortgage escrow included, typical annual costs reach roughly $2,055.

High values demand careful review

Woodford County homeowners with valuable properties should prioritize assessment reviews—even small overvaluations compound into hundreds in annual savings. An appeal is free and particularly worthwhile when your home's market value may differ from the county's assessment.

How Woodford County Compares

Median Annual Property Tax

Woodford County$2,003
Kentucky State Average$1,093
National Average$1,924

Woodford County

0.74%

Effective rate

Kentucky Avg

0.73%

Effective rate

National Avg

0.91%

Effective rate

Frequently Asked Questions

What is the property tax rate in Woodford County, Kentucky?
The effective property tax rate in Woodford County, Kentucky is 0.74%. 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 Woodford County?
The median annual property tax payment in Woodford County is $2,003. Homeowners with a mortgage pay a median of $2,055, while those without a mortgage pay $1,941.
How does Woodford County compare to the Kentucky average?
Woodford County's effective tax rate of 0.74% is higher than the Kentucky state average of 0.73%. The median annual property tax in Woodford County is $2,003, compared to the state average of $1,093.
What is the median home value in Woodford County, Kentucky?
The median home value in Woodford County, Kentucky is $270,400, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Why is Woodford County property tax rate higher than the Kentucky average?
Woodford County's effective property tax rate of 0.74% is higher than the Kentucky average of 0.73%. This difference of 0.01% 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 Woodford County rank for property taxes in Kentucky?
Woodford County ranks #79 out of 120 counties in Kentucky by effective property tax rate (1 = lowest). With a rate of 0.74% and median annual tax of $2,003, it falls in the middle 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.