Coxs Creek, Bullitt County, Kentucky Property Taxes
Median COXS CREEK, KY effective property tax rate: 1.17%, significantly higher than the national median of 1.02%, but lower than the Kentucky state median of 1.02%.
Median COXS CREEK, KY home value: $161,410
Median annual COXS CREEK, KY tax bill: $1,760, $640 lower than the national median property tax bill of $2,400.
How are property taxes in Bullitt calculated?
Property taxes in COXS CREEK, 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 COXS CREEK’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in COXS CREEK, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Coxs Creek, Bullitt County, Kentucky Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.17%
Estimate Property Tax Bill
$1,888
$1,752
Ownwell’s Coxs Creek Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Coxs Creek with just two data points.
By entering your property's estimated assessed value, our calculator applies Coxs Creek’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 Bullitt County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Coxs Creek, Bullitt County, Kentucky
Local government entities in Kentucky, like those in other states, determine tax rates, which can differ significantly across regions. This variation arises because every year, each county, including Bullitt County, calculates the budget needed to maintain public services. This budget is then divided by the total assessed value of all taxable properties in the area, resulting in the property tax rate. While legislative processes and public voting play roles in these decisions, this is the core of the annual procedure.
In Coxs Creek, located in Bullitt County, the effective property tax rate stands at 1.17%. This rate is higher than the national median property tax rate of 1.02%, indicating a slightly higher tax burden compared to the average U.S. locality. However, when compared to other areas within Kentucky, Coxs Creek's rate is consistent with the median for the state. Understanding these differences is crucial for property owners, as they directly impact the annual tax bill. By appealing property taxes or seeking exemptions, residents can potentially reduce their financial obligations, making it essential to stay informed and proactive.
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 Coxs Creek Tax Rate
1.17%
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 Bullitt County Tax Rate
1.18%
Median Effective Kentucky Tax Rate
1.02%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Coxs Creek, Bullitt County, Kentucky
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 40013 | 0.75% | 1.02% | 1.17% | 1.19% | 1.26% |
Source: Ownwell
Property Tax Assessment Values Across Coxs Creek, Bullitt County, Kentucky
When examining property taxes in Coxs Creek, 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 Bullitt 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 Bullitt 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 Coxs Creek. For example, the median home price in Coxs Creek is $161,410, with tax bills ranging significantly across the county. Zip code 40013 has the highest median home price at $161,410.
Property Tax Assessment Values Across Coxs Creek, Bullitt County, Kentucky
Source: Ownwell
$25,000
$119,142
$213,284
Median Coxs Creek Market Value
$161,410
Median Bullitt County Market Value
$159,604
Median Kentucky Market Value
$110,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Coxs Creek, Bullitt County, Kentucky
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 40013 | $32,600 | $67,540 | $161,410 | $230,177 | $306,780 |
Source: Ownwell
Property Tax Bills Across Coxs Creek, Bullitt County, Kentucky
In Coxs Creek, located in Bullitt County, KY, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local tax rate to establish the annual tax bill. With a median home price of $161,410, homeowners in Coxs Creek typically face a tax bill of around $1,760, which is below the national median of $2,400. While some homeowners in the area may pay as little as $668, others could see bills as high as $3,597, depending on the specific assessed value of their property and any applicable exemptions or deductions.
For homeowners looking to reduce their property tax burden, Ownwell offers expert guidance and services to identify potential savings through appeals and exemptions. By leveraging local knowledge and experience, Ownwell can help ensure that homeowners are not overpaying on their property taxes, potentially saving them significant amounts each year.
Median Coxs Creek Tax Bill
$1,760
Median Bullitt County Tax Bill
$1,790
Median Kentucky Tax Bill
$1,031
Median United States Tax Bill
$2,400
Property Tax Bills Across Coxs Creek, Bullitt County, Kentucky
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 40013 | $237 | $668 | $1,760 | $2,577 | $3,597 |
Source: Ownwell