Calculate using real Lexington data. Median home price: $265,000. Property tax rate: 0.84%.
The effective property tax rate in Lexington, KY is 0.84%. On the median home value of $265,000, that equals approximately $2,226 per year.
At the 0.84% effective rate, a $265,000 home in Lexington, KY would pay about $2,226 annually, or $186 per month.
The 0.84% rate in Lexington, KY is near the national average of roughly 1.1%.