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Updated 2025 Tax Year

Woodford County
Property Tax Guide

Everything you need to know about property taxes in Woodford 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
Approximately 3.700 cents per $100 assessed value (varies by special districts)
1st Due
Nov 15
2nd Due
Nov 1
Exemptions
4+ Available
Section 1

How Property Tax Works

Woodford County, Kentucky operates on an annual property tax system that funds essential local services including public schools, county government operations, fire protection, library services, and health departments. Property taxes are assessed based on the fair market value of real estate as of January 1st each year, with taxes typically mailed in November and due by November 15th (or November 1st for a 2% discount).

The effective tax rate in Woodford County varies significantly by location within the county due to special taxing districts. For 2025, the combined rate is approximately 3.700 cents per $100 of assessed value, though property owners may pay additional assessments depending on which fire district, school district, or other special service areas their property falls within. Kentucky assesses property at 100% of fair market value, making it important for property owners to understand both the base county rates and any additional district-specific levies that apply to their specific location.

Section 2

What Makes Up Your Tax Bill

Woodford County Property Tax Rates (FY 2025-2026)

ComponentRate (per $100 assessed value)Description
State TaxVariesState-imposed property tax
County GeneralVariesCounty operations and services
School DistrictVariesLocal school district funding
Fire DistrictVariesFire protection services
Library DistrictVariesPublic library services
Health DistrictVariesPublic health services
Total Base Rate$3.70Combined rate before special assessments

Note: The total proposed revenue for 2025 is $2,109,105. Actual rates paid vary by property location within Woodford County due to different combinations of special taxing districts. Contact the Woodford County Property Valuation Administrator at (502) 873-3421 to determine the exact rate for your specific address.

Section 3

When Are Property Taxes Due?

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

First Installment
Nov 15
Delinquent after Dec 10
Second Installment
Nov 1
Delinquent after Apr 10
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 Woodford County are triggered when there are changes in property ownership, new construction, or improvements that increase assessed value after the January 1st assessment date. These supplemental assessments are calculated on a pro-rated basis from the date of change through the end of the tax year.

For example, if you purchase a home in Woodford County in June that was previously under-assessed, or if you complete a home addition in September, the county will issue a supplemental tax bill covering the increased assessed value for the remaining months of that tax year. The supplemental tax is calculated by taking the difference in assessed value, multiplying by the applicable tax rate, then pro-rating for the number of months remaining in the tax year.

Example Calculation

Property Tax Calculations for Woodford County (FY 2025-2026)

Example 1: $300,000 Home

  • Assessed Value: $300,000
  • Less: Homestead Credit (if qualified): Varies
  • Net Taxable Value: $300,000 (assuming no credits)
  • Annual Tax: $300,000 ÷ 100 × $3.70 = $11,100
  • Monthly Escrow: $925

Example 2: $600,000 Home

  • Assessed Value: $600,000
  • Less: Homestead Credit (if qualified): Varies
  • Net Taxable Value: $600,000 (assuming no credits)
  • Annual Tax: $600,000 ÷ 100 × $3.70 = $22,200
  • Monthly Escrow: $1,850

Example 3: $1,000,000 Home

  • Assessed Value: $1,000,000
  • Less: Homestead Credit (if qualified): Varies
  • Net Taxable Value: $1,000,000 (assuming no credits)
  • Annual Tax: $1,000,000 ÷ 100 × $3.70 = $37,000
  • Monthly Escrow: $3,083

Note: Tax credits require annual application and are not automatically applied. Contact the Woodford County PVA office for current credit amounts and application procedures.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Woodford County require property tax escrow accounts, where monthly payments are collected along with your mortgage payment to cover annual property taxes. Your lender will typically pay your property taxes directly to Woodford County when they become due in November.

Lenders are required to conduct annual escrow analyses to ensure adequate funds are collected. Since Woodford County taxes are due by November 15th (November 1st for discount), lenders usually pay in early November. Property owners should verify that their lender has made the payment by checking with the Woodford County Clerk's office or reviewing their annual tax bill. If you pay taxes directly without escrow, remember that personal property taxes are due by May 15th, while real property taxes follow the November schedule.

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

When are property taxes due in Woodford County for FY 2025-2026? Real property taxes are due November 1st (for 2% discount) or November 15th (face amount). Personal property taxes are due by May 15th.

What tax credits are available and do I need to apply? The primary credit is the homestead exemption for residents 65+ or those meeting disability requirements. This credit must be applied for annually and is NOT automatic. Contact the Woodford County PVA office at (502) 873-3421 for applications and deadlines.

How does the homestead credit work? The homestead credit limits annual assessment increases rather than reducing market value. It caps how much your assessed value can increase year-over-year, providing tax relief through controlled growth rather than a direct reduction.

When are properties reassessed? Properties are assessed annually as of January 1st. The county may conduct physical inspections or use statistical methods to update assessments based on market conditions.

How do I appeal my assessment? Assessment appeals must be filed with the Woodford County Board of Assessment Appeals. Contact the PVA office for current deadlines and procedures.

What are the penalties for late payment? Late payments incur penalties and interest charges. Contact the Woodford County Clerk at (502) 873-3411 for current penalty rates.

Can I pay property taxes online? Check with the Woodford County Clerk's office at (502) 873-3411 for current online payment options and accepted methods.

Why do tax rates vary within Woodford County? Different areas of the county fall within various special taxing districts (fire, school, library districts) that can levy additional taxes beyond the base county rate, creating location-specific total rates.

What if I disagree with special district charges? Contact the specific district (fire department, school district, etc.) to understand their levy and appeal procedures, as these are separate from county assessment appeals.

How do I verify my tax payment was received? Contact the Woodford County Clerk at (502) 873-3411 or visit their office to confirm payment receipt and obtain receipts for your records.

Verified Sources

Backed by 10 Official Government Sources

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

01
Tax Doc
Property Taxeswoodfordcountyclerk.ky.gov
02
County
WOODFORD COUNTY 2025 PROPERTY TAX RATE PER ...woodfordcountyclerk.ky.gov
03
Tax Doc
Questions concerning this form and the property tax rate ...woodfordcountyky.gov
04
Tax Doc
Delinquent Taxeswoodfordcountyclerk.ky.gov
05
Tax Doc
2025 PERSONAL PROPERTY TAX FORMS AND ...revenue.ky.gov
06
Tax Doc
The Collection Process for Property Tax Billsrevenue.ky.gov
07
State
2019 Real Estate Exemption List. ...apps.legislature.ky.gov
08
Tax Doc
Beshear Administration Provides Additional Tax Relief ...kentucky.gov
09
Unknownhuduser.gov
10
REPORT OF THE AUDIT OF THE ...woodfordcountyky.gov
All sources verified as of 2025 Tax Year

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