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Updated 2025 Tax Year

Carroll County
Property Tax Guide

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

9 Official Sources
8 min read
Quick Facts
Tax Rate
0.8% to 1.2% of assessed value (varies by district and overlapping jurisdictions)
Exemptions
5+ Available
Section 1

How Property Tax Works

Carroll County, Kentucky operates under the state's property tax system to fund essential local services including public schools, county government operations, emergency services, and infrastructure maintenance. Property taxes in Carroll County are based on the assessed value of real estate and personal property, with the Kentucky Department of Revenue's Property Valuation Administrator determining fair cash value assessments.

The effective property tax rate in Carroll County typically ranges from approximately 0.8% to 1.2% of assessed value, depending on your specific location within the county. This variation occurs because property owners pay taxes to multiple overlapping jurisdictions - including the county, school district, and various special taxing districts such as fire protection districts, library districts, and municipal services. Your exact tax rate depends on which combination of these special districts serve your property location.

Property tax bills in Carroll County fund critical community services, with the largest portion typically supporting the Carroll County School District, followed by county general fund operations, and various special district services that may include fire protection, libraries, and other local amenities specific to your area.

Section 2

What Makes Up Your Tax Bill

ComponentRate (per $100 assessed value)Description
State Property Tax$0.45Commonwealth of Kentucky base rate
County General Fund~$0.25-$0.35Carroll County operations and services
School District~$0.65-$0.75Carroll County School District funding
Fire Protection Districts$0.10-$0.20Varies by district coverage area
Library District~$0.05-$0.10Public library services (if applicable)
Total Estimated Range$1.50-$1.85Varies by special district combinations

Rates shown are estimates for levy year 2025 and vary significantly based on your property's location within Carroll County's various special taxing districts. Carroll County has confirmed no property tax rate increases for 2025. Contact the Carroll County Property Valuation Administrator at (502) 732-7005 for your specific district combination and exact rates.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Carroll 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 property taxes in Carroll County are additional tax bills issued when there are mid-year changes to your property's assessed value or ownership status. Common triggers include new construction completion, major renovations adding square footage, property ownership transfers, or corrections to previous assessments discovered by the Property Valuation Administrator.

When a supplemental assessment is issued, the additional tax is calculated by applying Carroll County's current tax rate to the increase in assessed value, prorated from the effective date of the change through the end of the current tax year. For example, if you complete a $50,000 home addition in July, and your total tax rate is $1.60 per $100 of assessed value, you would owe approximately $400 in supplemental taxes ($50,000 ÷ 100 × $1.60 = $800 annually, prorated for 6 months = $400).

Supplemental tax bills are typically mailed within 30-60 days of the assessment change and become due immediately upon receipt. These taxes are separate from your regular annual property tax bill and must be paid to avoid penalties and interest charges.

Example Calculation

Example 1: $300,000 Home

  • Assessed Value: $300,000
  • Homestead Credit Applied: -$37,800 (caps assessment increases, requires application)
  • Net Taxable Value: $262,200
  • Tax Rate: $1.60 per $100
  • Annual Tax: $4,195
  • Monthly (if escrowed): $349

Example 2: $600,000 Home

  • Assessed Value: $600,000
  • Homestead Credit Applied: -$45,000 (assessment increase limitation)
  • Senior Citizen Credit: -$39,300 (65+ homeowners, requires application)
  • Net Taxable Value: $515,700
  • Tax Rate: $1.65 per $100
  • Annual Tax: $8,509
  • Monthly (if escrowed): $709

Example 3: $1,000,000 Home

  • Assessed Value: $1,000,000
  • Homestead Credit Applied: -$52,500 (assessment growth cap)
  • Net Taxable Value: $947,500
  • Tax Rate: $1.70 per $100
  • Annual Tax: $16,108
  • Monthly (if escrowed): $1,342

All tax credits shown require annual application and approval. Homestead credits limit assessment increases rather than reducing market value. Actual rates vary by special district location.

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Section 5

Escrow & Property Taxes

Most Carroll County homeowners with mortgages have their property taxes collected through escrow accounts managed by their mortgage lender. Your lender estimates annual property tax obligations, divides this amount by 12, and collects the monthly portion along with your mortgage payment. The lender then pays your property taxes directly to Carroll County when bills become due.

Property tax bills in Carroll County are typically due in two installments: the first half due by December 31st and the second half due by June 30th of the following year. Lenders usually pay these installments on time to avoid penalty charges. However, you should verify that payments are made correctly by checking with the Carroll County Sheriff's Office, which handles tax collection.

If your property taxes increase due to reassessment or rate changes, your lender may require an escrow analysis and adjust your monthly mortgage payment accordingly. You can request an escrow analysis annually and should receive proper notice before any payment changes take effect. Always verify your property tax payments were received by contacting the Carroll County Sheriff's Office at (502) 732-6421.

How HonestCasa Helps
  • Understand whether your escrow is set correctly
  • See how rising taxes will change your monthly payment
  • Plan ahead instead of being surprised by "shortage" letters
Section 6

Frequently Asked Questions

Q: When are Carroll County property taxes due for fiscal year 2025-2026? A: Property taxes are due in two installments: first half by December 31, 2025, and second half by June 30, 2026. Late payments incur 10% penalty plus 12% annual interest.

Q: What homestead tax credit is available and how do I apply? A: Kentucky's homestead credit caps assessment increases for owner-occupied homes. This credit requires annual application with the Carroll County Property Valuation Administrator by September 15th each year. It limits assessment growth rather than reducing your home's market value.

Q: Is there a senior citizen property tax credit? A: Yes, homeowners 65 and older may qualify for additional tax credits that reduce their tax bill. This requires separate application with income and age verification. Contact the PVA office at (502) 732-7005 for eligibility requirements and application deadlines.

Q: How often is my property reassessed? A: Kentucky law requires property to be assessed annually at fair cash value. However, physical inspections typically occur every 4-6 years unless there are ownership changes, new construction, or other triggering events.

Q: Can I appeal my property assessment? A: Yes, you can appeal your assessment to the Carroll County Board of Assessment Appeals by May 15th following the assessment. Appeals must be filed in writing with supporting evidence of your property's actual market value.

Q: What happens if I pay my property taxes late? A: Late payments incur a 10% penalty immediately, plus 12% annual interest. Properties with delinquent taxes exceeding one year may be subject to tax lien sale procedures.

Q: Can I pay my property taxes online? A: Contact the Carroll County Sheriff's Office at (502) 732-6421 to confirm current online payment options and accepted methods. Many Kentucky counties now offer online payment systems for property taxes.

Q: Do I pay different rates based on where I live in Carroll County? A: Yes, your tax rate depends on which special taxing districts serve your property, including fire protection districts, library districts, and municipal boundaries. Rates can vary significantly across different areas of the county.

Q: Are veterans eligible for any property tax credits? A: Kentucky offers property tax credits for certain disabled veterans and surviving spouses. These credits require application with documentation of military service and disability status. Contact the PVA office for specific eligibility requirements and application procedures.

Q: What personal property is subject to taxation in Carroll County? A: Motor vehicles, boats, trailers, business equipment, and other tangible personal property are subject to annual taxation. Motor vehicles are taxed at 45 cents per $100 of assessed value as of 2025, plus local rates.

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