Rate Breakdown

Property taxes in Grayson County are calculated by multiplying the assessed value (minus exemptions) by the total local millage rate.

Authority	Avg. Rate
County General Fund	0.45%
School District (Avg)	1.20%
City / Local (Avg)	0.35%

How Property Tax Works in Grayson County

Understanding your property taxes is essential when you own or rent real estate. Here's a breakdown of how they work within Grayson County, Kentucky:

In Grayson County, the process for determining property tax begins with the **County Appraiser** assessing the value of your property. They utilize various factors such as location, size, age, and condition to arrive at an estimated market value.

The assessment is then used by the **Kentucky Department of Revenue** (KDR) and the county government. The KDR sets a standard rate known as the **millage rate**, which is applied to each property's assessed value. This millage rate determines how much your tax bill will be.

The total amount you owe in taxes for the year is calculated by multiplying your assessed value by the millage rate, and this sum is then sent on to local school districts for their individual funding needs.

Available Exemptions

Kentucky offers several valuable property tax exemptions designed to benefit eligible residents:

• Homestead Exemption: For homeowners with a primary residence in Kentucky, this exemption reduces the taxable value of your home by up to $20,000. It's subject to specific requirements regarding residency and ownership status.
• Senior Citizen Exemption: If you are 65 years or older, you may be eligible for a senior citizen property tax exemption. The amount varies depending on your specific circumstances and the local tax code of Grayson County.
• Disability Exemption: For qualifying individuals with a disability, this exemption applies to their primary residence. The exemption level depends on individual needs and the total value of the property.
• Veteran Exemption: Kentucky offers veteran homeowners an exemption that reduces the taxable value of their home. It's subject to specific requirements related to your service in the U.S. armed forces.

For more detailed information on these exemptions, you can visit the Grayson County Appraiser's website or contact the Kentucky Department of Revenue for clarification.

Payment Schedule & Deadlines

Property tax payments in Grayson County are typically due annually, usually between July and December. A **payment deadline** is set by Grayson County government each year. However, you can choose to pay your property taxes through various methods.

• Online payment portal: Convenient online options allow you to submit your taxes securely.
• Mail/Drop-off: You can send in your tax payments by mail or drop them off at a designated location within Grayson County.
• In person: Some locations may offer in-person payment options for your convenience.

Appealing Your Assessment

If you believe there has been an error in the assessment of your property, you have the right to appeal through the **Grayson County Appraisal Board** within a specific timeframe. The process involves:

1. Gather documentation that supports your claim and follow the guidelines provided by Grayson County's appraisal board.

2. File an appeal with the Appraiser’s office in person, by mail, or through their online platform.

Remember to keep detailed records of all communication and documentation related to your appeal process.