Hazel Green has a median effective property tax rate of 1.54%. For a $300,000 home, the estimated annual tax is $4,626 ($386/month). This is below the Magoffin County average of 1.54% and above the Kentucky state average of 0.80%.
Calculate your estimated property tax in Hazel Green, Magoffin County, Kentucky
Annual Property Tax
$2,313
Monthly Property Tax
$193
* This is an estimate based on the median tax rate. Actual taxes may vary based on local assessments and exemptions.
Property tax rates in Hazel Green, Magoffin County, Kentucky
1.542%
25% of properties pay this rate or less
1.542%
50% of properties pay this rate or less
1.542%
25% of properties pay more than this rate
These percentiles show the range of property tax rates. 25% of properties pay less than the low rate, 50% pay less than the median, and 75% pay less than the high rate.
The difference between the 25th and 75th percentiles is 0.000%, indicating the variation in property tax rates within this area. Use the median (50th percentile) for the most typical estimate.
State averages sourced from Tax Foundation 2024 data. National median: 1.07%.
Based on the median rate of 1.542%. Actual taxes depend on assessed value and local exemptions.
| Home Value | Annual Tax | Monthly Equivalent |
|---|---|---|
| $150,000 | $2,313 | $193/mo |
| $250,000 | $3,855 | $321/mo |
| $350,000 | $5,397 | $450/mo |
| $500,000 | $7,710 | $643/mo |
| $750,000 | $11,565 | $964/mo |
| $1,000,000 | $15,420 | $1,285/mo |
The median property tax rate in Hazel Green, Magoffin County, Kentucky is 1.54%. This means for a home valued at $200,000, you would pay approximately $3084 in annual property taxes.