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Updated 2025 Tax Year

Boyd County
Property Tax Guide

Everything you need to know about property taxes in Boyd County, KY. Rates, due dates, exemptions, and how it affects your monthly payment.

10 Official Sources
8 min read
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Quick Facts
Tax Rate
Varies by district combination (school, fire, special districts apply to base county rate)
Exemptions
4+ Available
Section 1

How Property Tax Works

Boyd County, Kentucky operates on a property tax system that funds essential local services including schools, county government operations, emergency services, and infrastructure maintenance. Property taxes in Boyd County are assessed based on the property's fair market value, with Kentucky utilizing a state-mandated assessment rate of approximately 12% of fair market value for residential properties.

The effective tax rate in Boyd County varies by location within the county due to special taxing districts, fire districts, and school district boundaries. Property owners may see different rates depending on which combination of these districts serve their specific address. The county Property Valuer Administrator (PVA) determines assessed values, while various taxing authorities set their individual levy rates that combine to create your total tax bill.

Property tax bills in Boyd County fund critical services including the Boyd County School District, Ashland Independent School District (where applicable), county government services, fire protection districts, and other special purpose districts. Understanding your specific tax obligations requires knowing which taxing districts apply to your property location.

Section 2

What Makes Up Your Tax Bill

ComponentRate (per $100)Description
County GeneralVariesBasic county services, administration
Boyd County SchoolsVariesPublic school funding and operations
Ashland Independent SchoolsVariesIndependent school district (specific areas)
Fire DistrictVariesFire protection services by district
Special DistrictsVariesLibraries, recreation, other special services
Total Effective Rate~$1.00+Combined rate varies by location

Note: These rates apply to the 2025 tax year (FY 2025-2026). Actual rates vary significantly based on your property's location within Boyd County and which special taxing districts serve your area. Contact the Boyd County PVA office at (606) 739-5116 for your specific district combination and current rates.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Boyd County, property taxes are due in two installments:

Pro tip: If you pay through mortgage escrow, your lender splits these payments across your monthly mortgage. If you pay directly, set calendar reminders to avoid late penalties.
Section 4

Supplemental Tax Bills

Supplemental taxes in Boyd County are additional property tax assessments that occur when there are changes to a property's ownership, value, or tax status outside the regular assessment cycle. Common triggers include new construction completion, property improvements that increase value, ownership transfers that remove exemptions, or corrections to assessment errors.

When supplemental taxes are levied, they are calculated based on the difference between the old and new assessed values, multiplied by the applicable tax rate, and prorated for the portion of the tax year remaining. For example, if you complete a $50,000 home addition in March, the supplemental tax would be calculated on the increased assessed value (approximately $6,000 at 12% assessment rate) for the remaining 9 months of the tax year.

Property owners receive a separate supplemental tax bill that is due within the same timeframe as regular property taxes. These supplemental assessments become part of your ongoing annual property tax obligation in subsequent years.

Example Calculation

Example 1: $300,000 Home

  • Market Value: $300,000
  • Assessed Value (12%): $36,000
  • Less: Homestead Credit (if applied): -$49,100 (cannot exceed assessed value, so $36,000)
  • Net Taxable Value: $0 (minimum taxation may apply)
  • Annual Tax (est. $1.20/$100): ~$432 minimum
  • Monthly Escrow: ~$36

Example 2: $600,000 Home

  • Market Value: $600,000
  • Assessed Value (12%): $72,000
  • Less: Homestead Credit (if applied): -$49,100
  • Net Taxable Value: $22,900
  • Annual Tax (est. $1.20/$100): ~$275 + base minimum
  • Monthly Escrow: ~$65

Example 3: $1,000,000 Home

  • Market Value: $1,000,000
  • Assessed Value (12%): $120,000
  • Less: Homestead Credit (if applied): -$49,100
  • Net Taxable Value: $70,900
  • Annual Tax (est. $1.20/$100): ~$850
  • Monthly Escrow: ~$71

Note: These examples use estimated rates. Actual rates vary by taxing district location. Credits require application and approval - they are not automatic.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Boyd County require property tax escrow accounts for loans with less than 20% down payment. Your lender collects monthly payments equal to 1/12 of your annual property tax bill plus any required cushion amount (typically 2-4 months of payments). The lender holds these funds in a non-interest-bearing escrow account and pays your property taxes directly to Boyd County when due.

Boyd County property taxes are due November 1st with a 2% discount for early payment. Final due dates vary, but penalties typically begin accruing after December 31st. Your lender will receive tax bills directly from the county and should pay before penalty dates. However, property owners remain ultimately responsible for ensuring timely payment even when using escrow.

Lenders must provide annual escrow statements showing account activity, and any shortages are typically spread over 12 months in the following year. If you pay off your mortgage or refinance, any escrow balance belongs to you. Property owners can request to remove escrow requirements once they reach sufficient equity levels, typically 20-22% depending on the lender.

How HonestCasa Helps
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Section 6

Frequently Asked Questions

Q: When are Boyd County property taxes due for 2025? A: Property taxes are due November 1st with a 2% early payment discount available. The final due date without penalty varies but is typically December 31st. Contact the Boyd County Sheriff's office for exact penalty dates.

Q: What tax credits are available and do I need to apply? A: The primary credit is the Homestead Credit worth $49,100 for the 2025-2026 assessment years. This credit requires application and is NOT automatic. Applications are typically due by April 15th. Contact the Boyd County PVA at (606) 739-5116 for applications and other available credits.

Q: How does the Homestead Credit work? A: The Homestead Credit reduces your assessed value by $49,100, not your market value. It also may cap future assessment increases. You must apply for this credit - it's not automatic. The credit applies only to your primary residence.

Q: How often are properties reassessed in Boyd County? A: Kentucky law requires properties to be assessed annually, though significant revaluations may occur every few years. The Boyd County PVA conducts ongoing assessments to maintain fair market values.

Q: Can I appeal my property assessment? A: Yes. Property owners can appeal assessments to the Boyd County Board of Assessment Appeals, typically by May 15th following the assessment. Further appeals can be made to the Kentucky Board of Tax Appeals.

Q: What are the penalties for late payment? A: Late payment penalties and interest accrue after the final due date. Contact the Boyd County Sheriff's office at (606) 739-5116 for current penalty rates and payment status.

Q: Can I pay my property taxes online? A: Contact the Boyd County Sheriff's office to inquire about online payment options and accepted payment methods for property taxes.

Q: Why do my neighbors pay different rates? A: Tax rates vary based on which special taxing districts serve your property, including fire districts, school districts, and other special service areas. Properties in different districts will have different total tax rates.

Q: Who do I contact for property tax questions? A: For assessment questions: Boyd County PVA at (606) 739-5116. For payment questions: Boyd County Sheriff's office at (606) 739-5116. For exemption applications: Boyd County PVA office.

Q: What personal property taxes apply in Boyd County? A: Personal property tax forms are due May 15th annually. This includes vehicles, boats, business equipment, and other taxable personal property. Contact the Boyd County PVA for personal property requirements.

Verified Sources

Backed by 10 Official Government Sources

Every fact in this guide is sourced from official county, state, and federal documents.

01
February 11, 2025 - Fiscal Court Meetingboydcountyky.gov
02
Tax Doc
Property Taxesashlandky.gov
03
Tax Doc
Motor Vehicle Property Tax Rates 2025revenue.ky.gov
04
Tax Doc
Taxesboyd.kycountyclerk.us
05
August 27, 2024boyd.kyschools.us
06
Tax Doc
2025 PERSONAL PROPERTY TAX FORMS AND ...revenue.ky.gov
07
Homestead Exemption - Department of Revenue - Kentucky.govrevenue.ky.gov
08
State
2019 Real Estate Exemption List. ...apps.legislature.ky.gov
09
July 7, 2020 - Fiscal Court Minutesboydcountyky.gov
10
County
BOYD COUNTY FISCAL COURT ADMINISTRATIVE CODEboydcountyky.gov
All sources verified as of 2025 Tax Year

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