How Low Can We Go?

09/22/2025

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How Low Can We Go?

PRESS RELEASE

Contact:          Carter Hendricks

Executive Director

                        270-885-1499

Release:          September 22, 2025

How Low Can We Go?

Three-county region continues lowering tax burden on businesses and property owners

Since 2021, the South Western Kentucky region has celebrated twenty two industry announcements or expansions totaling over 2500 new jobs and nearly $2.5B in new capital investment.  This record regional investment is empowering local governments to lower the real property tax rate while collecting more revenue to improve the regional quality of life.

A ten-year county property tax rate trend analysis highlights:

  • The region’s total real property assessed value has increased from $3.6B in 2013 to over $6.5B in 2024.
  • Christian County’s rate has dropped to 16.7 cents per $100 value.
  • Trigg County’s rate has dropped to 7.2 cents per $100 value.
  • Todd County’s rate remains unchanged at 9 cents per $100 value.
  • City of Hopkinsville rate has dropped to 20.2 cents per $100 value.
  • The three-county regional rates remain among the lowest in the nation according to taxrates.com.
  • Local tax revenue is at record levels providing enhanced quality of life and services for regional residents.

“Christian County remains committed to providing services and infrastructure while maximizing our revenue and keeping taxes affordable for our residents.  We are eager to support pro-growth policies that lead to lower taxes,” stated Jerry Gilliam, Christian County Judge Executive.

The region’s competitive tax rates continue to draw business and tourism as noted by Trigg County Judge Executive Stan Humphries, “With thousands of miles of trails and waterway, our region provides an incredible landscape to relax and enjoy outdoor adventure.  We routinely welcome new companies, visitors, and residents who desire to take advantage of a lower cost of living and the great outdoors.”

In January 2026, the state of Kentucky will be lowering the state personal income tax to 3.5% placing the state as one of the lowest taxed states in the nation.  “We are already experiencing positive growth as a result of significant industrial development as well as residential development as new residents take advantage of lower prices, lower property taxes, and a lower state income tax,” shared Todd Mansfield, Todd County Judge Executive.

For more information on this release, the SWK EDC, the region, and available development sites, please contact 270-885-1499 or visit www.southwesternky.com.