Louisville, KY variant. This is a Louisville, KY-specific version of the Property Tax Calculator, using pre-defined local figures (tax rates, median home and income values, and typical regional costs). For the full formula, methodology, and FAQ, open the main Property Tax Calculator.
Louisville property tax runs about 0.85% of value - roughly $1,828/year on the $215,000 median home.
Property tax in Louisville
Tax = assessed value × local rate. The 0.85% effective rate captures Louisville's blend of county, city, and school levies.
On the $215,000 median home that's $1,828/year ($152/month), usually escrowed with your mortgage.
About Louisville, KY
Louisville levies a local occupational (payroll) tax on wages earned within the city, in addition to Kentucky state taxes.
Louisville maintains relatively affordable housing compared with most large US cities.
Louisville's economy includes shipping and logistics, healthcare, and bourbon production, with a below-average cost of living.
Worked example: $215,000 home
$215,000 × 0.85% = $1,828/year. A $600,000 Louisville home would owe about $5,100.
Quick reference
- Median home value: $215,000
- Median rent: $1,300/mo
- Median household income: $60,427
- Local sales tax: 6%
- City income tax: 2.2%
- Effective property tax rate: 0.85%
- Cost of living index: 88 (US avg = 100)
Frequently Asked Questions
What is the property tax rate in Louisville?
About 0.85% of market value per year.
How much property tax on a median Louisville home?
Roughly $1,828 per year.