Frankfort property tax: where it goes

A Frankfort house at the typical market value ($183,700) pays about $3,090 a year on the property tax bill, including flat charges on the same bill. Estimated from public rates, not anyone's actual bill.

A Frankfort house pays 1.68% of its taxable value in property tax. For a house at $183,700 of market value, that's about $3,086 a year.

Tax is levied on assessed value, which Kentucky PVAs set at estimated fair cash value; rates are cents per $100 of assessed value on the 2025 state rate book.

The 2026 rate book was not published when this was researched; the 2025 Property Tax Rate Book rates are shown.

Who taxes this house

Taxing agencyRateOn $183,700
Commonwealth of Kentucky (state rate)0.106%$195
Franklin County Fiscal Court0.183%$336
Franklin County extension services0.02%$37
Franklin County health district0.065%$119
Franklin County library0.073%$134
Franklin County soil conservation0.009%$17
Frankfort Independent Schools (schools)1.029%$1,890
City of Frankfort0.195%$358
Total1.68%$3,086

2025 tax year, Franklin County.

How Frankfort compares with nearby cities

Property tax rate

  1. Versailles · 13 mi0.93%
  2. Georgetown · 19 mi0.95%
  3. Nicholasville · 27 mi1.22%
  4. Lexington · 25 mi1.26%
  5. Shelbyville · 20 mi1.26%
  6. Frankfort1.68%

The combined rate of every agency on the bill, before exemptions.

Ways to pay less

  • Seniors 65+ or totally disabled: Kentucky homestead exemption. The value of the homestead exemption for the 2025-2026 assessment years is $49,100 for homeowners at least 65 or classified as totally disabled. How: File an application with the Franklin County PVA.
  • 2% off property tax paid in full by November 1. Any taxpayer who pays the property taxes in full by November 1 of the assessment year shall receive a two percent (2%) discount on the amount otherwise due. How: Pay the full bill by November 1.

Sources

  1. Kentucky 2025 Property Tax Rate Book
  2. KDE tax rates levied
  3. KY homestead exemption

Checked October 28, 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

Bowling Green property taxCovington property taxElizabethtown property taxErlanger property taxFlorence property taxFort Thomas property taxGeorgetown property taxHenderson property taxHopkinsville property taxIndependence property taxJeffersontown property taxLa Grange property taxAll Kentucky cities →