Erlanger, Boone County, Kentucky Property Taxes
Median Erlanger, KY effective property tax rate: 1.19%, significantly higher than the national median of 1.02%, but lower than the Kentucky state median of 1.02%.
Median Erlanger, KY home value: $128,100
Median annual Erlanger, KY tax bill: $1,448, $952 lower than the national median property tax bill of $2,400.
How are property taxes in Boone County calculated?
Property taxes in Erlanger, 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 Erlanger’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Erlanger, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Erlanger, Boone County, Kentucky Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.19%
Estimate Property Tax Bill
$1,524
$1,415
Property Tax Rates Across Erlanger, Boone County, Kentucky
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 Erlanger Tax Rate
1.19%
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 Boone County Tax Rate
1.12%
Median Effective Kentucky Tax Rate
1.02%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Erlanger, Boone County, Kentucky
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
41018 | 0.78% | 0.92% | 1.19% | 1.20% | 1.21% |
Source: Ownwell
Property Tax Assessment Values Across Erlanger, Boone County, Kentucky
When examining property taxes in Erlanger, 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 Boone 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 Boone 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 Erlanger.
For example, the median home price in Erlanger is $128,100, with tax bills ranging significantly across the county. Zip code 41018 has the highest median home price at $128,100.
Property Tax Assessment Values Across Erlanger, Boone County, Kentucky
Source: Ownwell

$128,100
$203,200
$278,300
Median Erlanger Market Value
$128,100
Median Boone County Market Value
$200,000
Median Kentucky Market Value
$110,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Erlanger, Boone County, Kentucky
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
41018 | $78,940 | $112,000 | $128,100 | $150,000 | $176,560 |
Source: Ownwell
Property Tax Bills Across Erlanger, Boone County, Kentucky
Median Erlanger Tax Bill
$1,448
Median Boone County Tax Bill
$2,154
Median Kentucky Tax Bill
$1,031
Median United States Tax Bill
$2,400
Property Tax Bills Across Erlanger, Boone County, Kentucky
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
41018 | $709 | $1,084 | $1,448 | $1,732 | $2,007 |
Source: Ownwell