Scottsville, Allen County, Kentucky Property Taxes

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

Median Scottsville, KY effective property tax rate: 0.93%, significantly lower than the national median of 1.02%, but lower than the Kentucky state median of 1.02%.
Median Scottsville, KY home value: $70,000
Median annual Scottsville, KY tax bill: $548, $1,852 lower than the national median property tax bill of $2,400.

How are property taxes in Allen County calculated?

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

Last Updated March 1, 2025

Scottsville, Allen County, Kentucky Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.93%

Estimate Property Tax Bill

$651

$604

Ownwell’s Scottsville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Scottsville with just two data points. By entering your property's estimated assessed value, our calculator applies Scottsville’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 Allen County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Scottsville, Allen County, Kentucky

Local government entities are responsible for setting property tax rates, which can vary significantly within a state. Each year, counties estimate their required budget to provide essential services and divide that by the total value of all taxable property within their jurisdiction. This calculation determines the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is essentially the annual process. In Scottsville, located in Allen County, Kentucky, the effective property tax rate is 0.93%. This rate aligns with the highest and lowest median tax rates within the region, also recorded at 0.93%. When compared to the national median property tax rate of 1.02%, Scottsville's rate is lower, potentially offering a more favorable tax environment for property owners. Additionally, the median property tax bill in Scottsville is likely below the national median of $2,400, providing further financial relief. Understanding these local tax dynamics can help property owners in Scottsville make informed decisions about their investments and financial planning.

Property Tax Rates Across Scottsville, Allen County, Kentucky

Source: Ownwell

0.93%

0.94%

0.95%

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 Scottsville Tax Rate

0.93%

Median Effective Allen County Tax Rate

0.94%

Median Effective Kentucky Tax Rate

1.02%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Scottsville, Allen County, Kentucky

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
42164	0.40%	0.93%	0.93%	0.96%	1.01%

Source: Ownwell

Property Tax Assessment Values Across Scottsville, Allen County, Kentucky

When examining property taxes in Scottsville, 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 Allen 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 Allen 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 Scottsville.

For example, the median home price in Scottsville is $70,000, with tax bills ranging significantly across the county. Zip code 42164 has the highest median home price at $70,000.

Property Tax Assessment Values Across Scottsville, Allen County, Kentucky

Source: Ownwell

$46,324

$149,412

$252,500

Median Scottsville Market Value

$70,000

Median Allen County Market Value

$66,500

Median Kentucky Market Value

$110,000

Median United States Market Value

$235,294

Property Tax Assessment Values Across Scottsville, Allen County, Kentucky

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
42164	$8,500	$29,900	$70,000	$132,000	$215,975

Source: Ownwell

Property Tax Bills Across Scottsville, Allen County, Kentucky

In Scottsville, located in Allen County, KY, property tax bills are determined by the assessed value of a property, which is then multiplied by the local tax rate. With a median home price of $70,000, the property tax bill can vary significantly. For instance, residents may find themselves paying as little as $182 if they fall within the 25th percentile, while those in the 90th percentile could see bills as high as $1,966. The median property tax bill in Scottsville stands at $548, which is significantly lower than the national median of $2,400. This discrepancy highlights the variance in property tax burdens across different regions. Homeowners in Scottsville can benefit from appealing their property tax assessments or seeking exemptions to reduce their tax liabilities. Ownwell offers expert services to help homeowners navigate this process, potentially saving them a significant amount on their property tax bills. By leveraging local knowledge and expertise, Ownwell ensures that homeowners pay only what they truly owe.

Property Tax Bills Across Scottsville, Allen County, Kentucky

Source: Ownwell

$339

$1,330

$2,320

Median Scottsville Tax Bill

$548

Median Allen County Tax Bill

$516

Median Kentucky Tax Bill

$1,031

Median United States Tax Bill

$2,400

Property Tax Bills Across Scottsville, Allen County, Kentucky

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
42164	$47	$182	$548	$1,164	$1,966

Source: Ownwell