Fort Thomas, Campbell County, Kentucky Property Taxes

Name: Property Tax Bills Across Fort Thomas, Campbell County, Kentucky
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median FORT THOMAS, KY effective property tax rate: 0.41%, significantly lower than the national median of 1.02%, but lower than the KY state median of 1.02%.
Median FORT THOMAS, KY home value: $256,000
Median annual FORT THOMAS, KY tax bill: $1,038, $1,362 lower than the national median property tax bill of $2,400.

How are property taxes in Campbell calculated?

Property taxes in FORT THOMAS, KY are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding FORT THOMAS’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in FORT THOMAS, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Fort Thomas, Campbell County, Kentucky Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.41%

Estimate Property Tax Bill

$1,050

$974

Ownwell’s Fort Thomas Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Fort Thomas with just two data points.

By entering your property's estimated assessed value, our calculator applies Fort Thomas’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.

This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Campbell County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Fort Thomas, Campbell County, Kentucky

As noted earlier, local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Fort Thomas’s effective property tax rate to other cities in Kentucky and the median property tax rates in Kentucky and the U.S. Fort Thomas, located in Campbell County, is an example of a city with a property tax rate that is significantly lower than the national median rate of 1.02%. This lower rate can make Fort Thomas an attractive place for homeowners seeking relief from higher property tax burdens found in other regions. By understanding how local tax rates are determined, property owners can better navigate the complexities of property taxation and potentially identify opportunities for appealing their assessments.

Property Tax Rates Across Fort Thomas, Campbell County, Kentucky

Source: Ownwell

0.40%

0.95%

1.50%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Fort Thomas Tax Rate

0.41%

Median Effective Campbell County Tax Rate

1.05%

Median Effective Kentucky Tax Rate

1.02%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Fort Thomas, Campbell County, Kentucky

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
41071	0.35%	0.40%	0.40%	0.40%	0.41%
41075	0.33%	0.38%	0.40%	0.41%	0.41%

Source: Ownwell

Property Tax Assessment Values Across Fort Thomas, Campbell County, Kentucky

When examining property taxes in Fort Thomas, KY, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Campbell County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Campbell County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Fort Thomas. For example, the median home price in Fort Thomas is $256,000, with tax bills ranging significantly across the county. ZIP code 41071 has the highest median home price at $325,000.

Property Tax Assessment Values Across Fort Thomas, Campbell County, Kentucky

Source: Ownwell

$83,000

$204,000

$325,000

Median Fort Thomas Market Value

$256,000

Median Campbell County Market Value

$157,900

Median Kentucky Market Value

$110,000

Median United States Market Value

$235,294

Property Tax Assessment Values Across Fort Thomas, Campbell County, Kentucky

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
41071	$264,800	$303,250	$325,000	$359,450	$377,440
41075	$150,000	$199,375	$255,000	$357,338	$508,920

Source: Ownwell

Property Tax Bills Across Fort Thomas, Campbell County, Kentucky

In Fort Thomas, Campbell County, KY, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. The median home price in the area stands at $256,000. Homeowners in this region can expect a property tax bill that varies significantly, with the 25th percentile at $792 and the 75th percentile at $1,463. For those at the 90th percentile, the tax bill can reach as high as $2,208. This shows a range of tax burdens, influenced by property value and specific tax rates applied by local authorities. The highest median tax bill in the area is $1,280, while the lowest is $1,033. These figures are notably below the national median property tax bill of $2,400, offering some relief to local homeowners. Ownwell assists homeowners by identifying potential savings through property tax appeals and exemptions, ensuring they aren't overpaying. By leveraging expert knowledge, Ownwell can help reduce these tax burdens, making homeownership more affordable.

Property Tax Bills Across Fort Thomas, Campbell County, Kentucky

Source: Ownwell

$418

$1,538

$2,658

Median Fort Thomas Tax Bill

$1,038

Median Campbell County Tax Bill

$1,294

Median Kentucky Tax Bill

$1,031

Median United States Tax Bill

$2,400

Property Tax Bills Across Fort Thomas, Campbell County, Kentucky

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
41071	$1,072	$1,152	$1,280	$1,445	$1,515
41075	$601	$790	$1,033	$1,466	$2,218

Source: Ownwell