Southgate, Campbell County, Kentucky Property Taxes
Median Southgate, KY effective property tax rate: 0.41%, significantly lower than the national median of 1.02%, but lower than the Kentucky state median of 1.02%. Median Southgate, KY home value: $128,200. Median annual Southgate, KY tax bill: $840, $1,560 lower than the national median property tax bill of $2,400.
How are property taxes in Campbell calculated?
Property taxes in Southgate, 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 Southgate’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Southgate, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Southgate, Campbell County, Kentucky Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.41%
Estimate Property Tax Bill
$526
$488
Property Tax Rates Across Southgate, Campbell County, Kentucky
Local government entities set tax rates, which can vary widely within a state. This variability stems from the fact that annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Southgate’s effective property tax rate to other cities in Kentucky and the median property tax rates in Kentucky and the U.S.
Southgate, located in Campbell County, has a median property tax rate of 0.41%. This is significantly lower than the national median property tax rate of 1.02%. This lower rate can result in substantial savings for property owners in Southgate compared to other regions in the country. Homeowners in Southgate benefit from a favorable tax environment, making it an attractive option for those looking to reduce their property tax burden. This comparison highlights the importance of understanding local tax rates and their impact on overall homeownership costs.
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 Southgate Tax Rate
0.41%
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 Campbell County Tax Rate
1.05%
Median Effective Kentucky Tax Rate
1.02%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Southgate, Campbell County, Kentucky
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 41071 | 0.33% | 0.40% | 0.41% | 1.05% | 1.05% |
Source: Ownwell
Property Tax Assessment Values Across Southgate, Campbell County, Kentucky
When examining property taxes in Southgate, 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 Campbell 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 Campbell County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Southgate.
For example, the median home price in Southgate is $128,200, with tax bills ranging significantly across the county. 41071 has the highest median home price at $128,200.
Property Tax Assessment Values Across Southgate, Campbell County, Kentucky
Source: Ownwell
$83,000
$204,000
$325,000
Median Southgate Market Value
$128,200
Median Campbell County Market Value
$157,900
Median Kentucky Market Value
$110,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Southgate, Campbell County, Kentucky
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 41071 | $80,000 | $84,000 | $128,200 | $169,560 | $235,000 |
Source: Ownwell
Property Tax Bills Across Southgate, Campbell County, Kentucky
Median Southgate Tax Bill
$840
Median Campbell County Tax Bill
$1,294
Median Kentucky Tax Bill
$1,031
Median United States Tax Bill
$2,400
Property Tax Bills Across Southgate, Campbell County, Kentucky
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 41071 | $393 | $502 | $840 | $919 | $1,517 |
Source: Ownwell