Displayed rate is the city levy only. Your full property tax bill also includes county, school district, and special-district levies — see the KY DOR Property Tax Rate Book for the full composite.
Composite Ratei
1.00%–1.25%-0.6%YoY
Varies by school district
Municipal Portioni
0.1110%-8.3%YoY9.9% of total
Effective Ratei
1.00%–1.25%
Est. Annual Taxi
$2K–$3K
Median Home Valuei
$214,900
Rate varies by school district. Your actual rate depends on which school district your property falls in.
Rate Trend — click a year to explorei
20242025
Municipal
Other Districts
Where Your Tax Dollar Goesi
$0.77 School GENERAL BEREA INDEPENDENT (Madison County)
$0.55 School GENERAL MADISON COUNTY (Madison County)
$0.10 City RICHMOND (Madison County)
$0.06 County GENERAL FISCAL COURT (Madison County)
$0.04 Special RED LICK WATERSHED CONSERVATION (Madison County)
$0.04 County LIBRARY (Madison County)
$0.04 County HEALTH (Madison County)
$0.04 County EMS (Madison County)
$0.02 County EXTENSION SERVICES (Madison County)
Estimated Tax by Home Valuei
$100K
$998–$1,247
$150K
$1,497–$1,871
$200K
$1,996–$2,494
$250K
$2,495–$3,118
$300K
$2,994–$3,741
$350K
$3,493–$4,365
$400K
$3,992–$4,988
Highlighted value is closest to median home value ($215K)
9 Overlapping Taxing Districtsi
School GENERAL BEREA INDEPENDENT (Madison County)Unit K-12
77.2%0.8670%
School GENERAL MADISON COUNTY (Madison County)Unit K-12
55.1%0.6180%
City RICHMOND (Madison County)i
9.9%0.1110%
County GENERAL FISCAL COURT (Madison County)i
5.8%0.0650%
Special RED LICK WATERSHED CONSERVATION (Madison County)i