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Property tax rates in Kentucky decline for fifth straight year

Property tax rates in Kentucky decline for fifth straight year
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By West Kentucky Starr staff
6 hours ago | FRANKFORT
By West Kentucky Starr staff Jul. 10, 2025 | 10:56 PM | FRANKFORT

Gov. Beshear shared Thursday the state real property tax rate is being lowered, dropping from 10.9 cents to 10.6 cents per $100 assessed value. This is the fifth consecutive year the state property tax rate has decreased.

"Right now, the federal government wants you to think that the only way to lower taxes is to leave the most vulnerable behind. But we've proven the opposite," Gov. Beshear said. "We've lowered taxes and also expanded health care, invested in schools and students and celebrated the largest budget surpluses in our history. We will always put our people first and politics last."

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