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.

Mayfield, 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

1.52%–1.89%+0.3%YoY

Varies by school district

Municipal Portioni

0.2120%-7.4%YoY12.4% of total

Effective Ratei

1.52%–1.89%

Est. Annual Taxi

$2K–$2K

Median Home Valuei

$112,500

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

$0.42 School GENERAL MAYFIELD INDEPENDENT (Graves County)

$0.29 Special WEST FORK CLARKS CREEK WATERSHED #2 (Graves County)

$0.26 School GENERAL GRAVES COUNTY (Graves County)

$0.12 City MAYFIELD (Graves County)

$0.06 Special SYMSONIA FIRE DISTRICT (Graves County)

$0.05 County GENERAL FISCAL COURT (Graves County)

$0.04 Special WINGO FIRE DISTRICT (Graves County)

$0.04 Special WEST FORK MAYFIELD CREEK WATERSHED #1 (Graves County)

$0.03 County LIBRARY (Graves County)

$0.03 Special OBION CREEK WATERSHED (Graves County)

$0.02 County HEALTH (Graves County)

$0.02 County EXTENSION SERVICES (Graves County)

$0.01 County J U KEVIL MEMORIAL FOUNDATION (Graves County)

Estimated Tax by Home Valuei

$50K

$254–$316

$100K

$508–$631

$150K

$762–$947

$200K

$1,016–$1,262

$250K

$1,270–$1,578

$300K

$1,525–$1,894

$350K

$1,779–$2,209

Highlighted value is closest to median home value ($113K)

13 Overlapping Taxing Districtsi

School GENERAL MAYFIELD INDEPENDENT (Graves County)Unit K-12

42.2%0.7210%

Special WEST FORK CLARKS CREEK WATERSHED #2 (Graves County)i

29.3%0.5000%

School GENERAL GRAVES COUNTY (Graves County)Unit K-12

26.4%0.4520%

City MAYFIELD (Graves County)i

12.4%0.2120%

Special SYMSONIA FIRE DISTRICT (Graves County)i

5.9%0.1000%

County GENERAL FISCAL COURT (Graves County)i

5.4%0.0930%

Special WINGO FIRE DISTRICT (Graves County)i

4.1%0.0700%

Special WEST FORK MAYFIELD CREEK WATERSHED #1 (Graves County)i

3.9%0.0670%

County LIBRARY (Graves County)i

3.2%0.0550%

Special OBION CREEK WATERSHED (Graves County)i

3.2%0.0547%

County HEALTH (Graves County)i

2%0.0350%

County EXTENSION SERVICES (Graves County)i

2%0.0350%

County J U KEVIL MEMORIAL FOUNDATION (Graves County)i

1.2%0.0210%