Mount Sterling, Kentucky — Tax Burden
What is the tax burden in Mount Sterling, Kentucky?
Mount Sterling, Kentucky has a total tax burden of 8.54%, ranking #4827 nationally. Property tax rate: 0.69%, state income tax: 4.000%, sales tax: 6.00%. Median household income is $47,408.
Source: US Census ACS, 2022
Ranked #4827 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
8.54%
Rank: 4827th nationally
Property Tax Rate
0.69%
Rank: 5167th nationally
Income Tax Rate
4.000%
Kentucky state rate
Sales Tax Rate
6.00%
State + local combined
Tax Burden Breakdown
Property (30%)Income (47%)Sales (23%)
Median Income: $47,408
Median Home Value: $176,900
Median Property Tax: $1,213/yr
Population: 7,532