Villa Hills, Kenton County, Kentucky Property Taxes
Median VILLA HILLS, KY effective property tax rate: 1.07%, slightly higher than the national median of 1.02%, but lower than the Kentucky state median of 1.02%.
Median VILLA HILLS, KY home value: $232,500
Median annual VILLA HILLS, KY tax bill: $2,329, $71 lower than the national median property tax bill of $2,400.
How are property taxes in Kenton calculated?
Property taxes in VILLA HILLS, 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 VILLA HILLS’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in VILLA HILLS, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Villa Hills, Kenton County, Kentucky Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.07%
Estimate Property Tax Bill
$2,488
$2,309
Property Tax Rates Across Villa Hills, Kenton County, Kentucky
Local government entities determine tax rates, which can differ significantly within a state. This variation stems from each county's annual assessment of its budgetary needs to maintain public services, divided by the aggregate value of all taxable properties within its boundaries. This process establishes the property tax rate. Although setting tax rates and budgets involves votes and legislation, this is essentially the yearly routine.
In VILLA HILLS, located in Kenton County, KY, the effective property tax rate can be compared to other cities within Kentucky, as well as the median property tax rates in Kentucky and across the United States. By examining these comparisons, property owners can gain a clearer understanding of how their property tax obligations align with broader trends. With the national median property tax rate at 1.02% and a median bill of $2400, these figures serve as a benchmark for evaluating local tax rates. Whether you are a homeowner or potential buyer, understanding these dynamics can help you make informed decisions regarding property investments and financial planning.
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 Villa Hills Tax Rate
1.07%
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 Villa Hills, Kenton County, Kentucky
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 41017 | 0.79% | 0.89% | 1.07% | 1.07% | 1.07% |
Source: Ownwell
Property Tax Assessment Values Across Villa Hills, Kenton County, Kentucky
When examining property taxes in Villa Hills, 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.
In Kenton 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 Villa Hills.
For example, the median home price in Villa Hills is $232,500, with tax bills ranging significantly across the county. Zip code 41017 has the highest median home price at $232,500.
Property Tax Assessment Values Across Villa Hills, Kenton County, Kentucky
Source: Ownwell
$95,000
$332,350
$569,700
Median Villa Hills Market Value
$232,500
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 Villa Hills, Kenton County, Kentucky
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 41017 | $159,500 | $179,300 | $232,500 | $354,400 | $529,100 |
Source: Ownwell
Property Tax Bills Across Villa Hills, Kenton County, Kentucky
Median Villa Hills Tax Bill
$2,329
Median Kenton County Tax Bill
$2,000
Median Kentucky Tax Bill
$1,031
Median United States Tax Bill
$2,400
Property Tax Bills Across Villa Hills, Kenton County, Kentucky
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 41017 | $1,382 | $1,756 | $2,329 | $3,668 | $5,583 |
Source: Ownwell