Kentucky’s property tax revenue up 22.7 percent since Q3 2019

Oct 1, 2020

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Kentucky collected $54 million in property taxes during the third quarter of 2020, a 22.7 percent increase over the same period the previous year, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

In the third quarter of 2019, $44 million was collected.

Overall, Kentucky collected $3.2 billion in combined tax revenues in the third quarter.

In addition to detailed tax revenue data from each state, the Quarterly Summary of State and Local Government Tax Revenue includes an estimate of state and local government tax revenue at a national level.

The Census Bureau cautions that it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments.

Third Quarter Kentucky Tax Collections

Type of Tax	Amount (in millions of dollars)
Property Taxes	$54
Sales and Gross Receipts Taxes	$1,688
Income Taxes	$1,350

Source: U.S. Census Bureau

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