Did You Know

  • Kentucky’s property tax was established June 1, 1792, in the Kentucky Constitution. In 1965, the Kentucky Court of Appeals ruled in Russman vs. Luckett that fair market value must be the standard for property assessments.
  • Further, in 1990, the General Assembly as part of the Kentucky Education Reform Act (KERA) mandated that all real property be assessed at 100% of Fair Cash Value.
  • The owner’s name as of January 1 is required on the property tax bill. If a property was sold after January 1, the Fayette PVA Office makes every attempt to send tax bills in care of the new owner.
  • If you do not receive your tax bill, you should contact the Fayette County Sheriff’s Office at (859) 252-1771 to request a copy of the bill.
  • The PVA office has a total staff of 23 full-time employees, including the PVA.
  • The PVA office annually inspects and measures approximately 35,000 real property parcels per year.
  • The PVA office answers approximately 3,600 phone calls per month.

2023 Fayette County Certified Real Property Assessment

Property Type# of parcles
Residential100,376
Commercial6,132
Multi-Family1,693
Farm1,978
Manufactured Homes1,228
Tax Free2,688
Public Service95
All Property Types114,190
Property TypeAssessment Totals
Residential$23,793,726,900
Commercial/Multi-Family$10,784,586,400
Farm/Agricultural Use Value$1,012,427,700
Mineral, Oil, and Timber Rights$1,005,000
Tangible/Bus. Personal Property$3,892,114,245
Total Equalized Assessment$39,483,860,245

2022 Fayette County Certified Real Property Assessment

Property Type# of parcles
Residential99,889
Commercial6,133
Multi-Family1,695
Farm1,955
Manufactured Homes1,236
Tax Free2,640
Public Service95
All Property Types113,643
Property TypeAssessment Totals
Residential$22,069,257,700
Commercial/Multi-Family$10,095,322,800
Farm/Agricultural Use Value$792,779,400
Mineral, Oil, and Timber Rights$409,000
Tangible/Bus. Personal Property$3,920,394,922
Total Equalized Assessment$36,878,163,822

2021 Fayette County Certified Real Property Assessment

Property Type# of parcles
Residential99,424
Commercial6,122
Multi-Family1,703
Farm2,028
Manufactured Homes1,235
Tax Free2,676
Public Service93
All Property Types113,281
Property TypeAssessment Totals
Residential$20,413,121,100
Commercial/Multi-Family$9,302,533,300
Farm/Agricultural Use Value$802,162,400
Mineral, Oil, and Timber Rights$410,000
Tangible/Bus. Personal Property$3,675,651,203
Total Equalized Assessment$34,193,878,003

2020 Fayette County Certified Real Property Assessment

Property Type# of parcles
Residential97,757
Commercial6,111
Multi-Family2,956
Farm2,031
Manufactured Homes1,225
Tax Free2,656
Public Service93
All Property Types112,829
Property TypeAssessment Totals
Residential$18,979,626,100
Commercial/Multi-Family$9,375,806,000
Farm/Agricultural Use Value$784,559,800
Mineral, Oil, and Timber Rights$1,730,582
Tangible/Bus. Personal Property$3,671,435,717
Total Equalized Assessment$32,813,158,199

2019 Fayette County Certified Real Property Assessment

Property Type# of parcles
Residential97,422
Commercial6,103
Multi-Family2,938
Farm2,029
Manufactured Homes1,224
Tax Free2,655
Public Service92
All Property Types112,463
Property TypeAssessment Totals
Residential$18,607,797,200
Commercial/Multi-Family$9,147,947,500
Farm/Agricultural Use Value$767,150,400
Mineral, Oil, and Timber Rights$1,889,057
Tangible/Bus. Personal Property$3,675,495,741
Total Equalized Assessment$32,200,279,898

2018 Fayette County Certified Real Property Assessment

Property Type# of parcles
Residential96,915
Commercial6,096
Multi-Family2,926
Farm2,016
Manufactured Homes1,229
Tax Free2,687
Public Service93
All Property Types111,962
Property TypeAssessment Totals
Residential$17,859,281,500
Commercial/Multi-Family$8,789,535,000
Farm/Agricultural Use Value$752,367,000
Mineral, Oil, and Timber Rights$1,889,057
Tangible/Bus. Personal Property$3,497,719,269
Total Equalized Assessment$30,900,789,826

2017 Fayette County Certified Real Property Assessment

Property Type# of parcles
Residential97,543
Commercial6,082
Multi-Family1,613
Farm2,013
Manufactured Homes1,229
Tax Free2,735
Public Service93
All Property Types111,308
Property TypeAssessment Totals
Residential$17,358,419,900
Commercial/Multi-Family$8,117,423,200
Farm/Agricultural Use Value$746,351,800
Mineral, Oil, and Timber Rights$1,739,820
Tangible/Bus. Personal Property$3,717,992,398
Total Equalized Assessment$29,941,927,118

2016 Fayette County Certified Real Property Assessment

Property Type# of parcles
Residential96,866
Commercial5,985
Multi-Family1,601
Farm2,438
Manufactured Homes1,229
Tax Free2,753
Public Service92
All Property Types110,964
Property TypeAssessment Totals
Residential$16,346,595,000
Commercial/Multi-Family$7,509,401,500
Farm/Agricultural Use Value$948,410,300
Mineral, Oil, and Timber Rights$1,344,582
Total Equalized Assessment$28,418,703,242

2015 Fayette County Certified Real Property Assessment

Property Type# of parcles
Residential96,707
Commercial5,996
Multi-Family1,588
Farm2,446
Manufactured Homes1,253
Tax Free2,778
Public Service90
All Property Types110,858
Property TypeAssessment Totals
Residential$15,741,024,300
Commercial/Multi-Family $7,162,151,100
Farm/Agricultural Use Value$919,465,700
Mineral, Oil, and Timber Rights $1,079,811
Total Equalized Assessment$27,532,284,056

2014 Fayette County Certified Real Property Assessment

Property Type# of parcles
Residential96,445
Commercial5,979
Multi-Family1,585
Farm2,442
Manufactured Homes1,228
Tax Free2,670
Public Service89
All Property Types110,438
Property TypeAssessment Totals
Residential$15,497,091,000
Commercial/Multi-Family$6,935,829,200
Farm/Agricultural Use Value$911,673,200
Mineral, Oil, and Timber Rights $994,607
Total Equalized Assessment$23,345,588,007

2013 Fayette County Certified Real Property Assessment

Property Type# of parcles
Residential96,415
Commercial6,006
Multi-Family1,588
Farm2,442
Manufactured Homes1,227
Tax Free2,609
Public Service91
All Property Types110,378
Property TypeAssessment Totals
Residential$15,299,695,300
Commercial/Multi-Family$6,757,308,200
Farm/Agricultural Use Value$899,945,700
Mineral, Oil, and Timber Rights$1,127,123
Total Equalized Assessment$22,958,076,323