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Updated 2025 Tax Year

Russell County
Property Tax Guide

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

10 Official Sources
8 min read
Quick Facts
Tax Rate
3.8% base rate, varies significantly by taxing district location
Exemptions
4+ Available
Section 1

How Property Tax Works

Russell County, Kentucky operates on a property tax system that funds essential local services including schools, public safety, infrastructure, and county government operations. Property taxes are assessed annually based on the fair cash value of real estate and personal property as of January 1st each year. The Russell County Property Valuation Administrator (PVA) determines assessed values, while the county sets tax rates through various taxing districts.

The effective property tax rate in Russell County varies significantly by location within the county due to multiple overlapping taxing districts. For the 2025 tax year, the base real property tax rate is 3.8%, but your actual rate depends on which school district, fire district, library district, and other special taxing districts serve your property. This means two properties with identical values in different parts of Russell County may have substantially different tax bills.

Property owners should note that Kentucky uses a calendar year assessment cycle, with taxes typically due in two installments. The county offers various tax credits for qualifying property owners, though most require annual application and are not automatically applied to your tax bill.

Section 2

What Makes Up Your Tax Bill

ComponentRate (per $100)Description
Real Property Base Rate$3.80County general fund levy for FY 2025-2026
Tangible Personal Property$6.23Business equipment, inventory, vehicles
Watercraft$6.23Boats and marine vessels
School DistrictVariesAdditional levy varies by school district location
Fire DistrictVariesDepends on fire protection district
Library DistrictVariesWhere applicable within county boundaries
Special AssessmentsVariesRoad districts, water districts, other improvements

Important: Your total effective tax rate depends on your property's location within Russell County's various taxing districts. Properties in incorporated areas or special districts may have additional levies. Contact the Russell County PVA office at (270) 866-3576 to determine your property's specific tax rate and applicable districts.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Russell 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 Russell County are additional property tax assessments issued when property changes ownership, undergoes new construction, or experiences significant improvements during the tax year. These supplemental bills ensure that property taxes reflect current ownership and property values rather than waiting until the next regular assessment cycle.

Common triggers for supplemental taxes include: property sales that result in a reassessment to market value, completion of new construction or major renovations, subdivision of land, or corrections to previous assessments. The supplemental tax is calculated by applying the current tax rate to the difference between the old assessed value and the new assessed value, prorated for the portion of the tax year remaining.

Example: If you purchase a home in Russell County in March that was previously assessed at $200,000 but sells for $350,000, the PVA may issue a supplemental assessment. With a 3.8% base rate, the additional annual tax would be approximately $5,700 ($150,000 increase × 3.8%). Since 10 months remain in the tax year, your supplemental bill would be roughly $4,750, due within 30 days of issuance.

Example Calculation

Example 1: $300,000 Home

  • Market Value: $300,000
  • Assessed Value: $300,000
  • Homestead Credit Applied: -$49,100 (requires application)
  • Net Taxable Value: $250,900
  • Annual Tax (3.8% base rate): $9,534
  • Monthly Escrow: $794

Example 2: $600,000 Home

  • Market Value: $600,000
  • Assessed Value: $600,000
  • Homestead Credit Applied: -$49,100 (requires application)
  • Net Taxable Value: $550,900
  • Annual Tax (3.8% base rate): $20,934
  • Monthly Escrow: $1,745

Example 3: $1,000,000 Home

  • Market Value: $1,000,000
  • Assessed Value: $1,000,000
  • Homestead Credit Applied: -$49,100 (requires application)
  • Net Taxable Value: $950,900
  • Annual Tax (3.8% base rate): $36,134
  • Monthly Escrow: $3,011

Note: These calculations use only the base county rate of 3.8%. Your actual tax bill will likely be higher due to additional school district, fire district, and other special district levies. All tax credits require annual application and are not automatically applied.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Russell County require property tax escrow accounts for borrowers with less than 20% down payment. Your lender collects monthly escrow payments along with your mortgage payment, then pays your property taxes directly to Russell County when due. Lenders typically collect 1/12 of your annual property tax bill each month, plus a cushion amount to ensure sufficient funds.

Kentucky property taxes are payable at face value from September 15 through November 1st annually. Lenders usually pay during this period to avoid any discount loss or penalty charges. Your lender will receive the tax bill directly from Russell County and should provide you with copies of payment confirmations. You can verify payments were made by contacting the Russell County Sheriff's office at (270) 866-2052 or checking online payment records.

If you're responsible for paying taxes directly (no escrow), remember that Kentucky offers a discount for early payment and assesses penalties for late payment. Even with an escrow account, you should monitor that payments are made timely, as you remain ultimately responsible for ensuring your property taxes are paid regardless of lender involvement.

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 Russell County property taxes due for fiscal year 2025-2026? A: Personal property taxes are due May 15, 2026. Real estate taxes are typically payable at face value from September 15 through November 1, though specific dates may vary. Contact the Russell County Sheriff's office for exact due dates.

Q: What tax credits are available and do they require application? A: The primary tax credit is the Homestead Credit worth $49,100 for the 2025-2026 assessment year. This credit requires annual application and is NOT automatic. Additional credits may be available for disabled veterans, seniors, and others. Contact the Russell County PVA office at (270) 866-3576 for application forms and deadlines.

Q: How does the Homestead Credit work? A: The Homestead Credit reduces your assessed value by $49,100, not your market value. It also caps assessment increases to help limit tax bill growth. You must apply annually - it's not automatically renewed. Applications are typically due by May 15th each year.

Q: Can I pay my property taxes online? A: Contact the Russell County Sheriff's office at (270) 866-2052 to inquire about online payment options and accepted payment methods. Payment options and processing fees vary.

Q: What happens if I pay my property taxes late? A: Kentucky assesses penalties and interest on late property tax payments. Unpaid taxes can result in liens against your property and eventual tax sale. Contact the Sheriff's office immediately if you cannot pay by the due date to discuss payment arrangements.

Q: How often are properties reassessed in Russell County? A: Kentucky requires property reassessment every four years, though the PVA may adjust values annually for significant changes. The next countywide reassessment schedule can be confirmed with the PVA office.

Q: How do I appeal my property assessment? A: During the annual tax roll inspection period, you can meet with the PVA to discuss your assessment. You have until the close of business the day after the inspection period ends to file a formal appeal. Contact the Russell County PVA at (270) 866-3576 for current inspection period dates.

Q: Why is my tax rate different from my neighbor's? A: Russell County contains multiple taxing districts (school, fire, library, etc.). Properties in different districts have different total tax rates even with the same county base rate of 3.8%. Your exact rate depends on your property's location within these overlapping districts.

Q: Do I need to report personal property like vehicles? A: Yes, tangible personal property including vehicles must be reported annually by May 15th. The tax rate for tangible personal property is 6.23% in Russell County. Business owners must report equipment and inventory as well.

Q: What if I disagree with a supplemental tax assessment? A: You can appeal supplemental assessments through the same process as regular assessments. Contact the Russell County PVA office within 30 days of receiving the supplemental bill to discuss your options and the appeals process.

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