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Updated 2025 Tax Year

Trimble County
Property Tax Guide

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

10 Official Sources
8 min read
Quick Facts
Tax Rate
Varies by district, approximately 1% base rate plus local district additions
Exemptions
5+ Available
Section 1

How Property Tax Works

Trimble County, Kentucky operates under the state's property tax system, where property taxes serve as a primary funding source for local government services, schools, libraries, and infrastructure maintenance. Property owners in Trimble County pay taxes based on the assessed value of their real estate, which is determined by the Kentucky Office of Property Valuation and reassessed periodically to reflect current market conditions.

The effective property tax rate in Trimble County varies by location within the county due to different special taxing districts, which may include school districts, fire districts, library districts, and other local service areas. While Kentucky's statewide base rate averages around 1%, actual rates in Trimble County depend on which combination of taxing districts apply to your specific property location. Property owners should verify their exact tax rate by consulting their property tax bill or contacting the Trimble County Clerk's office, as rates can differ significantly between neighborhoods based on the services provided by various local districts.

Section 2

What Makes Up Your Tax Bill

ComponentRateDescription
County General FundVariesBasic county services and administration
School DistrictVariesLocal school funding and operations
Library DistrictVariesPublic library services (if applicable)
Fire DistrictVariesFire protection services (varies by district)
Health DistrictVariesPublic health services
Extension DistrictVariesAgricultural extension services

Note: Specific tax rates for FY 2025-2026 are not available in current data. Property owners should consult the Kentucky Department of Revenue or Trimble County Clerk for current levy rates. Rates vary significantly based on your property's location within different special taxing districts throughout the county.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Trimble 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 Trimble County are additional property tax assessments that occur when there are changes to property ownership, new construction, or improvements made to existing properties during the tax year. These taxes are calculated based on the increased assessed value and applied proportionally for the remaining portion of the tax year.

Common triggers for supplemental taxes include purchasing a home that wasn't previously on the tax rolls, completing new construction projects, adding substantial improvements like additions or pools, or when the Property Valuation Administrator discovers previously unreported improvements. For example, if you complete a $50,000 home addition in January and your area's tax rate is 1.2%, you would owe approximately $600 in supplemental taxes for that year, prorated from the completion date through the end of the tax year.

Example Calculation

Example 1: $300,000 Home

  • Assessed Value: $300,000
  • Less: Homestead Exemption (if qualified): $49,100
  • Net Taxable Value: $250,900
  • Annual Tax (assuming 1.2% rate): $3,011
  • Monthly Escrow: ~$251

Example 2: $600,000 Home

  • Assessed Value: $600,000
  • Less: Homestead Exemption (if qualified): $49,100
  • Net Taxable Value: $550,900
  • Annual Tax (assuming 1.2% rate): $6,611
  • Monthly Escrow: ~$551

Example 3: $1,000,000 Home

  • Assessed Value: $1,000,000
  • Less: Homestead Exemption (if qualified): $49,100
  • Net Taxable Value: $950,900
  • Annual Tax (assuming 1.2% rate): $11,411
  • Monthly Escrow: ~$951

Note: The homestead exemption of $49,100 for assessment years 2025-2026 requires application and is not automatic. Actual tax rates vary by special district location within Trimble County.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Trimble County require property tax escrow accounts for homeowners with less than 20% equity. Your lender collects monthly property tax payments along with your mortgage payment, holds these funds in an escrow account, and pays your property taxes directly to Trimble County when they become due on May 15th each year.

Lenders typically conduct an annual escrow analysis to ensure adequate funds are collected, comparing the previous year's actual tax bill with the estimated amounts collected. If property taxes increase due to reassessment or rate changes, your monthly escrow payment may be adjusted upward, and you may receive a shortage notice requiring additional payment. Conversely, if taxes decrease or were overestimated, you may receive a refund or see reduced monthly payments. Property owners should review their annual escrow statements carefully and verify that payments are made timely to avoid late penalties, as the responsibility ultimately remains with the homeowner even when using escrow services.

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 property taxes due in Trimble County? A: Property taxes for FY 2025-2026 are due May 15th. Late payments incur penalties and no extensions are available for filing.

Q: What homestead exemption is available and how do I apply? A: The homestead exemption for 2025-2026 assessment years is $49,100, which reduces your assessed value. This requires application with the Trimble County PVA office and is not automatic. You must maintain the property as your primary residence.

Q: Are there other tax credits available in Trimble County? A: Kentucky offers various tax credits including senior citizen exemptions, disability exemptions, and veteran exemptions. All require separate applications and proof of eligibility. Contact the Trimble County Property Valuation Administrator for specific requirements and deadlines.

Q: How does the homestead exemption actually work? A: The homestead exemption reduces your property's assessed value by $49,100, not your tax bill directly. It also may limit annual assessment increases on your primary residence, providing long-term tax stability.

Q: How often are properties reassessed in Trimble County? A: Kentucky conducts property reassessments periodically, but not necessarily annually. The Property Valuation Administrator reviews market conditions and adjusts assessments to reflect current fair market value.

Q: Can I appeal my property assessment? A: Yes, property owners can appeal their assessment through the Trimble County Board of Assessment Appeals. Appeals must be filed within specific timeframes after receiving your assessment notice.

Q: What are the penalties for late payment? A: Late payments after May 15th incur penalties and interest. Contact the Trimble County Clerk for specific penalty rates and payment options.

Q: Can I pay my property taxes online? A: Contact the Trimble County Clerk's office to verify current online payment options and accepted payment methods for property tax payments.

Q: How do special districts affect my tax rate? A: Your property's location determines which special taxing districts apply, such as fire districts, library districts, or school districts. Each adds to your total tax rate, so rates vary throughout the county.

Q: What if I disagree with a supplemental tax assessment? A: Supplemental tax assessments can be appealed through the same process as regular assessments. Contact the Property Valuation Administrator's office for specific procedures and deadlines.

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