Independence, Kentucky — Tax Burden
What is the tax burden in Independence, Kentucky?
Independence, Kentucky has a total tax burden of 8.39%, ranking #4911 nationally. Property tax rate: 0.99%, state income tax: 4.000%, sales tax: 6.00%. Median household income is $92,355.
Source: US Census ACS, 2022
Ranked #4911 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
8.39%
Rank: 4911th nationally
Property Tax Rate
0.99%
Rank: 3376th nationally
Income Tax Rate
4.000%
Kentucky state rate
Sales Tax Rate
6.00%
State + local combined
Tax Burden Breakdown
Property (29%)Income (48%)Sales (24%)
Median Income: $92,355
Median Home Value: $225,500
Median Property Tax: $2,224/yr
Population: 28,722