How are property tax rates determined in Kentucky?

Property tax rates in Kentucky are set by each taxing district (municipality, school district, park district, library, etc.) based on their annual levy (the amount of tax revenue they need). The rate is calculated by dividing the levy by the total assessed value of all property in the district.

What is the composite tax rate?

The composite tax rate is the sum of all overlapping taxing district rates that apply to a specific property. A typical property may be taxed by several overlapping districts. The composite rate determines your total tax bill when multiplied by your property's assessed value.

Why do tax rates vary within the same town?

Properties within the same municipality can have different composite rates because overlapping districts (school, park, fire, library) have different boundaries. A home in one school district may have a different rate than a home two blocks away in a different school district.

Ashland, KY Property Tax Rate 2026 — Full Breakdown by District

Showing latest tax year with year-over-year changes. Full rate history available with a paid plan. View plans →

Property Tax — Tax Year 2025 (payable 2026)i

IL DOR

Composite Ratei

1.69%–2.04%-2.7%YoY

Varies by school district

Municipal Portioni

0.1918%-20%YoY10.3% of total

Effective Ratei

1.69%–2.04%

Est. Annual Taxi

$2K–$3K

Median Home Valuei

$125,000

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

$0.51 School GENERAL FAIRVIEW INDEPENDENT (Boyd County)

$0.47 School GENERAL RUSSELL INDEPENDENT (Boyd County)

$0.42 School GENERAL ASHLAND INDEPENDENT (Boyd County)

$0.38 School GENERAL BOYD COUNTY (Boyd County)

$0.12 Special FLOODWALL-CATLETTSBURG (Boyd County)

$0.10 City ASHLAND (Boyd County)

$0.09 County GENERAL FISCAL COURT (Boyd County)

$0.06 County LIBRARY (Boyd County)

$0.06 Special FLOODWALL-ASHLAND (Boyd County)

$0.05 Special ENGLAND HILL FIRE DISTRICT (Boyd County)

$0.05 Special FAIRVIEW-WESTWOOD FIRE DISTRICT (Boyd County)

$0.05 Special SUMMIT-IRONVILLE FIRE DISTRICT (Boyd County)

$0.05 County AMBULANCE (Boyd County)

$0.05 Special CANNONSBURG FIRE DISTRICT (Boyd County)

$0.05 Special BIG SANDY FIRE DISTRICT (Boyd County)

$0.05 Special EAST FORK FIRE DISTRICT (Boyd County)

$0.03 County HEALTH (Boyd County)

$0.02 County EXTENSION SERVICES (Boyd County)

$0.00 County SOIL CONSERVATION (Boyd County)

Estimated Tax by Home Valuei

$50K

$282–$340

$100K

$564–$679

$150K

$846–$1,019

$200K

$1,128–$1,359

$250K

$1,410–$1,698

$300K

$1,692–$2,038

$350K

$1,974–$2,378

Highlighted value is closest to median home value ($125K)

19 Overlapping Taxing Districtsi

School GENERAL FAIRVIEW INDEPENDENT (Boyd County)Unit K-12

50.8%0.9480%

School GENERAL RUSSELL INDEPENDENT (Boyd County)Unit K-12

47%0.8760%

School GENERAL ASHLAND INDEPENDENT (Boyd County)Unit K-12

42.2%0.7870%

School GENERAL BOYD COUNTY (Boyd County)Unit K-12

37.6%0.7020%

Special FLOODWALL-CATLETTSBURG (Boyd County)i

12.1%0.2250%

City ASHLAND (Boyd County)i

10.3%0.1918%

County GENERAL FISCAL COURT (Boyd County)i

8.7%0.1620%

County LIBRARY (Boyd County)i

5.7%0.1060%

Special FLOODWALL-ASHLAND (Boyd County)i

5.7%0.1056%

Special ENGLAND HILL FIRE DISTRICT (Boyd County)i

5.4%0.1000%

Special FAIRVIEW-WESTWOOD FIRE DISTRICT (Boyd County)i

5.4%0.1000%

Special SUMMIT-IRONVILLE FIRE DISTRICT (Boyd County)i

5.4%0.1000%

County AMBULANCE (Boyd County)i

5.4%0.1000%

Special CANNONSBURG FIRE DISTRICT (Boyd County)i

5.4%0.1000%

Special BIG SANDY FIRE DISTRICT (Boyd County)i

5.4%0.1000%

Special EAST FORK FIRE DISTRICT (Boyd County)i

5.4%0.1000%

County HEALTH (Boyd County)i

3.2%0.0600%

County EXTENSION SERVICES (Boyd County)i

1.9%0.0350%

County SOIL CONSERVATION (Boyd County)i

0.3%0.0049%