Richmond, Kentucky — Tax Burden
What is the tax burden in Richmond, Kentucky?
Richmond, Kentucky has a total tax burden of 9.36%, ranking #4141 nationally. Property tax rate: 0.86%, state income tax: 4.000%, sales tax: 6.00%. Median household income is $45,457.
Source: US Census ACS, 2022
Ranked #4141 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
9.36%
Rank: 4141st nationally
Property Tax Rate
0.86%
Rank: 4048th nationally
Income Tax Rate
4.000%
Kentucky state rate
Sales Tax Rate
6.00%
State + local combined
Tax Burden Breakdown
Property (36%)Income (43%)Sales (21%)
Median Income: $45,457
Median Home Value: $178,100
Median Property Tax: $1,537/yr
Population: 34,883