Kentucky Releases Property Tax and Interest Rate Table

Kentucky released a table of property tax and interest rates for 2018.

The table includes:

  • interest rate on tax underpayments – 6%
  • state real property tax rate – 12.2¢ per $100 of assessed value
  • tangible property (unspecified) rate – 45¢ per $100 of value
  • Railroad Revitalization and Regulatory Reform (4-R) property tax state rate – 22.11¢ per $100 of value
  • weighted average state rate (includes state and local rates) – 63.95¢ per $100 of value
  • 4-R local multiplier – 50%

The table also includes the property tax and interest rates back to tax year 1983.

Interest & Tax Rate Table – 1983 Through 2018, Kentucky Department of Revenue, July 11, 2018, ¶203-196

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