Morning View, Kenton County, Kentucky Property Taxes
Median Morning View, KY effective property tax rate: 1.27%, significantly higher than the national median of 1.02%, but lower than the Kentucky state median of 1.02%.
Median Morning View, KY home value: $130,000
Median annual Morning View, KY tax bill: $1,519, $881 lower than the national median property tax bill of $2,400.
How are property taxes in Kenton County calculated?
Property taxes in Morning View, 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 Morning View’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Morning View, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Morning View, Kenton County, Kentucky Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.27%
Estimate Property Tax Bill
$1,651
$1,532
Property Tax Rates Across Morning View, Kenton County, Kentucky
Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell.
In Morning View, located in Kenton County, KY, property tax rates reflect the county's budgetary needs and the total taxable property value. Morning View’s effective property tax rate can be compared to other cities in Kentucky, highlighting the variability within the state. The median property tax rate in Kentucky stands at 1.27%, which is higher than the national median of 1.02%. This suggests that property owners in Kentucky, including those in Morning View, may pay more in property taxes compared to the national average. However, it is essential to consider the overall services and benefits provided by the local government as part of this taxation. Understanding these nuances can help property owners make informed decisions about their investments and potential savings through property tax appeals or exemptions.
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 Morning View Tax Rate
1.27%
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 Kenton County Tax Rate
1.07%
Median Effective Kentucky Tax Rate
1.02%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Morning View, Kenton County, Kentucky
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 41063 | 0.73% | 1.05% | 1.27% | 1.27% | 1.27% |
Source: Ownwell
Property Tax Assessment Values Across Morning View, Kenton County, Kentucky
When examining property taxes in Morning View, 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 Kenton 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.
Assessment notices:
In Kenton County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of the season. 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 Morning View. For example, the median home price in Morning View is $130,000, with tax bills ranging significantly across the county. 41063 has the highest median home price at $130,000.
Property Tax Assessment Values Across Morning View, Kenton County, Kentucky
Source: Ownwell
$95,000
$332,350
$569,700
Median Morning View Market Value
$130,000
Median Kenton County Market Value
$181,500
Median Kentucky Market Value
$110,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Morning View, Kenton County, Kentucky
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 41063 | $45,000 | $82,750 | $130,000 | $195,000 | $280,120 |
Source: Ownwell
Property Tax Bills Across Morning View, Kenton County, Kentucky
Median Morning View Tax Bill
$1,519
Median Kenton County Tax Bill
$2,000
Median Kentucky Tax Bill
$1,031
Median United States Tax Bill
$2,400
Property Tax Bills Across Morning View, Kenton County, Kentucky
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 41063 | $433 | $866 | $1,519 | $2,374 | $3,455 |
Source: Ownwell