Monticello, Kentucky — Tax Burden
What is the tax burden in Monticello, Kentucky?
Monticello, Kentucky has a total tax burden of 7.60%, ranking #5360 nationally. Property tax rate: 0.53%, state income tax: 4.000%, sales tax: 6.00%. Median household income is $43,353.
Source: US Census ACS, 2022
Ranked #5360 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
7.60%
Rank: 5360th nationally
Property Tax Rate
0.53%
Rank: 6066th nationally
Income Tax Rate
4.000%
Kentucky state rate
Sales Tax Rate
6.00%
State + local combined
Tax Burden Breakdown
Property (21%)Income (53%)Sales (26%)
Median Income: $43,353
Median Home Value: $133,100
Median Property Tax: $703/yr
Population: 5,770