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Updated 2025 Tax Year

Simpson County
Property Tax Guide

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

10 Official Sources
8 min read
Quick Facts
Tax Rate
0.8% to 1.2% of assessed value (varies by taxing district location)
Exemptions
4+ Available
Section 1

How Property Tax Works

Simpson County, Kentucky operates under the state's property tax system to fund essential local services including education, public safety, infrastructure, and county operations. Property taxes in Simpson County are assessed annually based on the Property Valuation Administrator's (PVA) assessment of fair cash value, with tax bills typically ranging from 0.8% to 1.2% of assessed value depending on your specific location within the county.

The actual tax rate you pay varies significantly based on your property's location within Simpson County due to special taxing districts such as school districts, fire districts, and municipal boundaries. All property owners receive tax bills that reflect their specific combination of taxing districts. Kentucky law requires annual assessments, and Simpson County follows the state's standard assessment and collection procedures with bills due by specific deadlines each tax year.

Section 2

What Makes Up Your Tax Bill

FY 2025 Property Tax Rates by Component:

ComponentRate (per $100)Description
County GeneralVaries*County operations and services
School DistrictVaries*Local school funding
State Tax$0.122State-mandated assessment
Health DepartmentVaries*Public health services
Extension ServiceVaries*Agricultural extension programs
Fire DistrictVaries*Fire protection (if applicable)
MunicipalVaries*City services (if within city limits)

*Exact rates established by Simpson County Ordinance No. 220.264 for 2025. Rates vary by specific taxing districts within the county. Contact the Simpson County Clerk's office at (270) 586-8161 for your property's specific rate combination based on location.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Simpson 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 Simpson County are additional property tax assessments that occur when there's a change in property ownership, completion of new construction, or other improvements that increase a property's assessed value mid-tax year. These taxes are calculated from the date of the change through the end of the current tax year.

For example, if you complete a $50,000 home addition in March and your total tax rate is 1.0%, you would owe a supplemental tax of approximately $375 (75% of the year remaining × $500 annual increase). The supplemental tax appears as a separate bill and is due within the same timeframe as regular property taxes. New construction and major improvements trigger reassessment by the PVA, which then generates the supplemental billing.

Example Calculation

Example 1: $300,000 Home

  • Assessed Value: $300,000
  • Homestead Credit Applied: -$38,100 (if qualified and applied)
  • Net Taxable Value: $261,900
  • Tax Rate: 1.0% (example rate)
  • Annual Tax: $2,619
  • Monthly Escrow: $218

Example 2: $600,000 Home

  • Assessed Value: $600,000
  • Homestead Credit Applied: -$38,100 (if qualified and applied)
  • Net Taxable Value: $561,900
  • Tax Rate: 1.0% (example rate)
  • Annual Tax: $5,619
  • Monthly Escrow: $468

Example 3: $1,000,000 Home

  • Assessed Value: $1,000,000
  • Homestead Credit Applied: -$38,100 (if qualified and applied)
  • Net Taxable Value: $961,900
  • Tax Rate: 1.0% (example rate)
  • Annual Tax: $9,619
  • Monthly Escrow: $802

Note: Homestead credits require annual application and are not automatic. Rates vary by specific taxing districts.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Simpson County require property tax escrow accounts to ensure timely tax payments. Your lender collects monthly escrow payments based on the previous year's tax bill divided by 12, plus a cushion amount allowed by federal law. Simpson County's tax collection period runs from September 15 to November 1 with a 2% early payment discount available during this window.

Lenders typically pay your Simpson County property taxes in October or November to capture the discount when possible. You should receive an annual escrow analysis statement showing how your payments were applied and any adjustments needed for the coming year. If your property taxes increase due to reassessment or rate changes, your monthly escrow payment will be adjusted accordingly. Property owners can verify tax payments through the Simpson County Clerk's office and should monitor their escrow accounts to ensure accurate and timely payments.

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 Simpson County property taxes due for FY 2025? A: Property taxes are due by May 15th annually. However, there's an early payment discount period from September 15 to November 1 offering a 2% discount.

Q: What tax credits are available and how do I apply? A: The primary credit is the Homestead Exemption for property owners 65 or older, which requires annual application to the PVA office. Additional exemptions may be available for disabled veterans, surviving spouses, and certain agricultural properties. All credits require separate applications and are not automatic.

Q: How does the Homestead credit work? A: The Homestead credit limits annual assessment increases rather than reducing market value. Qualified applicants (65+) must file annually with the PVA office. The credit caps assessment growth to help control tax increases for eligible senior homeowners.

Q: How often are properties reassessed in Simpson County? A: Kentucky law requires annual assessments by the Property Valuation Administrator. However, market value adjustments typically occur when there are significant market changes or property improvements.

Q: What happens if I pay my taxes late? A: Property taxes become delinquent after May 15th and accrue interest and penalties. Delinquent properties may be subject to tax sale proceedings, as noted in Simpson County's annual delinquent tax sale typically held in August.

Q: Can I pay my property taxes online? A: Contact the Simpson County Clerk's office at (270) 586-8161 to inquire about online payment options and accepted payment methods.

Q: How do I appeal my property assessment? A: Assessment appeals must be filed with the Simpson County Board of Assessment Appeals during the designated appeal period, typically in May following the assessment notice.

Q: Do special districts affect my tax rate? A: Yes, your location within Simpson County determines which special taxing districts apply to your property, including fire districts, school districts, and municipal boundaries, which can significantly impact your total tax rate.

Q: Are business properties taxed differently? A: Yes, business personal property and real estate may be subject to additional assessments. Simpson County also levies an occupational tax of 1.25% on businesses effective June 3, 2025, separate from property taxes.

Q: How do I get exemptions for agricultural or forestry land? A: Agricultural and forestry exemptions require separate applications through the PVA office with specific deadlines and qualification requirements. These applications must be renewed periodically and are not automatic.

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