Berea property tax: where it goes
A Berea house at the typical market value ($199,900) pays about $2,570 a year on the property tax bill, including flat charges on the same bill. Estimated from public rates, not anyone's actual bill.
A Berea house pays 1.286% of its taxable value in property tax. For a house at $199,900 of market value, that's about $2,571 a year.
Tax is levied on estimated fair cash value assessed by the Madison County PVA, taxed per $100 of assessed value.
Pay or manage it
Who taxes this house
| Taxing agency | Rate | On $199,900 |
|---|---|---|
| Commonwealth of Kentucky (state rate) | 0.103% | $206 |
| Madison County Fiscal Court | 0.063% | $126 |
| Berea Independent Schools (proposed rate) (schools) | 0.878% | $1,755 |
| Madison County EMS (rate presented to the Fiscal Court) | 0.042% | $84 |
| Madison County Health Department (rate presented to the Fiscal Court) | 0.047% | $94 |
| Madison County Public Library (rate presented to the Fiscal Court) | 0.046% | $92 |
| Madison County Extension (rate presented to the Fiscal Court) | 0.018% | $36 |
| City of Berea | 0.089% | $178 |
| Total | 1.286% | $2,571 |
2026 tax year, Madison County.
How Berea compares with nearby cities
Property tax rate
- Versailles · 40 mi0.93%
- Richmond · 10 mi1.05%
- Winchester · 29 mi1.07%
- Nicholasville · 26 mi1.22%
- Lexington · 32 mi1.26%
- Berea1.29%
The combined rate of every agency on the bill, before exemptions.
Ways to pay less
- Seniors 65+ or totally disabled: homestead exemption. Homeowners who are at least 65, or who are classified as totally disabled and meet the other requirements, can take $49,100 (the 2025-2026 amount) off the assessed value of their home. How: File a homestead application with the PVA of the county where the home is (for Richmond, the Madison County PVA).
- Pay the City of Berea tax bill by Nov 30, 2026 for 2% off. The City of Berea gives a 2% discount if the city property tax is paid or postmarked by November 30, 2026. How: Pay the city bill online, by mail, at the drop box or at City Hall, 212 Chestnut Street.
Dates
| When | What |
|---|---|
| Nov 30, 2026 (in 25 days) | The City of Berea's 2% discount ends: it applies if the city tax is paid or postmarked by November 30, 2026. |
| Dec 31, 2026 (in 56 days) | The City of Berea tax face amount is due if paid or postmarked by December 31, 2026; after that, a 10% penalty plus 10% interest per annum applies. |
| Jan 1 (in 57 days) | Homestead exemption eligibility is set as of January 1: you must be in the home on that date. |
Sources
Checked October 29, 2026. Every number here comes from the public sources listed, matched by our checker.
Rates change every year; this page shows when it was last checked. Nothing here is legal, tax or insurance advice.
Property tax in other Kentucky cities
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