New Castle, Kentucky property tax

Median property tax, home value and effective rate (Census 2020โ€“2024)

Updated Oct 17, 2026, 1:57 AM ET
Effective property tax rate
0.87%

Homeowners in New Castle, Kentucky paid a median $1,342 a year in property tax on a median home worth $154,000, an effective rate of about 0.87% (Census 2020โ€“2024).

Census ACS 2020โ€“2024 5-year medians

#167 lowest of 254Kentucky places we cover

0.81%Henry County overall
Median tax paid
$1,342
per year, 2020โ€“24
Median home value
$154,000
owner-occupied
Effective rate
0.87%
tax รท value
Tax vs. income
3.1%
of $43,203 median household income
Owner costs
$1,129/mo
median with a mortgage, incl. tax & insurance

New Castle vs county, state and US

Effective rate

New Castle0.87%
Henry County0.81%
Kentucky0.75%
United States0.94%

Median tax paid per year

New Castle$1,342
Henry County$1,611
Kentucky$1,544
United States$3,119

Tax on a home in New Castle

At the local 0.87% effective rate

Home valueEstimated yearly taxPer month
$150,000$1,307$109
$250,000$2,179$182
$350,000$3,050$254
$500,000$4,357$363

Buying a home in Henry County? 2026 loan limits

Nearby and related

Source: U.S. Census Bureau, American Community Survey 2020โ€“2024 5-year estimates, tables B25103 (median real estate taxes paid), B25077 (median home value), B25003, B25088, B19013 and B01003. These are 2020โ€“2024 medians reported by owner-occupants, not 2026 tax bills or official mill rates. The effective rate here is median tax รท median home value. Actual bills depend on assessed value, exemptions (homestead, senior, veteran) and local levies. Check with your county assessor or treasurer. Not tax advice.

Frequently asked questions

What is the property tax rate in New Castle, Kentucky?

Homeowners in New Castle, Kentucky paid a median $1,342 a year in property tax on a median home worth $154,000, an effective rate of about 0.87% (Census 2020โ€“2024).

How much is property tax on a $250,000 home in New Castle?

About $2,179 a year at the 0.87% median effective rate. Exemptions such as homestead can lower it.

Is property tax in New Castle higher than the rest of Kentucky?

New Castle ranks #167 lowest of 254 Kentucky places we track. The statewide effective rate is 0.75%. Henry County overall is 0.81%.