Real Estate Taxes

Real Estate Taxes Real Estate taxes are assessed and charged each property owner once a year.  Each county in KY is allowed to establish different tax rates.  Real Estate taxes can become a lien against the property if not paid.  Value of property is determined by the PVA office.  Real Estate Taxes County State McCracken .131 Calloway .131 Marshall .131 County Health PJC Co School Mental .109 .024 .023 .448 .009 .122 .028 .103 .080 .384 -0- .323 -0- Library Ext. Service Fire Misc Tax Total .048 .006 .063 avg -0.861% .029 .0135 .069 .069 .8365% .052 .018 .199 .199 .1006% Real Estate Taxes Value of home McCracken Calloway Marshall $50,000 $430.50 $418.25 $503.00 $75,000 $645.75 $627.37 $754.50 $100,000 $861.00 $836.50 $1,006.00 $150,000 $1,291.50 $1254.75 $1,509.00 Real Estate Taxes Monthly Budget Value Requirements McCracken Calloway Marshall $50,000 $75,000 $100,000 $150,000 $35.88 $53.81 $71.75 $107.62 $34.85 $69.81 $69.81 $104.56 $41.92 $62.88 $83.83 $125.75 Real Estate Taxes McCracken County Only City-Paducah $50,000 $430.50 $676.00 $75,000 $645.75 $1,352.00 $100,000 $861.00 $1,352.00 $150,000 $1,291.500 $2,028.00 Property Tax Property tax is assessed on Jan 1 of each on each vehicle, boat, and intangible asset in your name.  Values of vehicles are determined by the NADA Blue Book trade-in value as of Jan 1 of each year.  Each taxing identity establishes their rate rates to be charged.  Property Tax Tax $24,881.00 12,650.00 State County 111.96 30.36 56.93 15.43 School Library 131.62 12.44 71.60 6.33 Health Ext. Service 5.97 3.21 3.04 1.63 Ment Health PJC 2.24 7.71 1.14 3.92 Fire & City 21.80 49.34 Sales Tax Sales tax in KY- 6%  On purchase totaling $4,000.00 tax would be $240.00  Sales tax in TN-8.5% to 9.75%  On purchase totaling $4,000.00 tax would be $270.50 in a taxing district at 9.5% 