Crestwood, Jefferson County, Kentucky Property Taxes
Property Taxes in Crestwood, Kentucky
Median Crestwood, Kentucky effective property tax rate: 1.14%, significantly lower than the national median of 1.02%, and higher than the Kentucky state median of 1.02%.
Median Crestwood, Kentucky home value: $160,135
Median annual Crestwood, Kentucky tax bill: $1,822, $578 lower than the national median property tax bill of $2,400.
How are property taxes in Jefferson calculated?
Property taxes in Crestwood, Kentucky 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 Crestwood's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Crestwood, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Crestwood, Jefferson County, Kentucky Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.14%
Estimate Property Tax Bill
$1,826
$1,694
How Does the Crestwood Property Tax Calculator Work?
Use this Crestwood property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Crestwood's median effective tax rate of 1.14% — based on actual property records in Jefferson County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Crestwood's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Crestwood: rates range from local differences in school district levies and assessment districts. Crestwood’s median property tax bill is $1,822, which is lower than Kentucky’s median bill and higher than the national median property tax rate of 1.02%.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Crestwood.
About Crestwood Property Taxes
About Property Taxes in Crestwood, Jefferson, Kentucky
Crestwood's median effective property tax rate of 1.14% is lower than the Kentucky state median of 1.02% and higher than the national median of 1.02%. This rate reflects the Jefferson County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Crestwood. Homeowners in the highest ZIP code carry a median effective rate of 1.14%, while those in the lowest pay 1.14%. This spread reflects how school district boundaries and local assessment districts are drawn across Jefferson County. Understanding which part of Crestwood you live in can make a meaningful difference to your annual tax bill.
Crestwood homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the May 18, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Crestwood, Jefferson County, Kentucky
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because 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 Crestwood's effective property tax rate to other cities in Kentucky and the median property tax rates in Kentucky and the U.S.
Our median effective property tax rate (tax bill Ă· 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 Crestwood Tax Rate
1.14%
Our median effective property tax rate (tax bill Ă· 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 Jefferson County Tax Rate
1.14%
Median Effective Kentucky Tax Rate
1.02%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Crestwood, Jefferson County, Kentucky
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 40014 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Crestwood, Jefferson County, Kentucky
When examining property taxes in Crestwood, Kentucky, 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. Jefferson County 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.
Assessment notices:
In Jefferson 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 Crestwood.
For example, the median home price in Crestwood is $160,135, with tax bills ranging significantly across the county. The median tax bill is $1,822, compared with the national median property tax rate of 1.02% and national median property tax bill of $2,400.
Property Tax Assessment Values Across Crestwood, Jefferson County, Kentucky
Source: Ownwell
$11,500
$640,155
$1,268,810
Median Crestwood Market Value
$160,135
Median Jefferson County Market Value
$200,000
Median Kentucky Market Value
$116,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Crestwood, Jefferson County, Kentucky
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 40014 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Crestwood, Jefferson County, Kentucky
How are property tax bills calculated in Crestwood?
Property tax bills in Crestwood are based on the assessed value of a home and the local tax rate set for Jefferson County. The assessed value is used to determine how much tax a homeowner owes, so when a home’s market value changes, the bill can change too. Factors such as the property’s location, size, condition, and any exemptions can affect the final amount.
For a home with a median value of $160,135, the tax bill may fall within a wide range depending on how it is assessed and what exemptions apply. In Crestwood, the 25th percentile tax bill is $1,385, while the 75th percentile is $2,260 and the 90th percentile is $2,522. That means many homeowners pay around or above the national median property tax bill of $2,400, even when their home value is close to the local median.
Because property taxes are recurring, higher assessments can have a noticeable impact on monthly housing costs and long-term affordability.
Median Crestwood Tax Bill
$1,822
Median Jefferson County Tax Bill
$2,228
Median Kentucky Tax Bill
$1,071
Median United States Tax Bill
$2,400
Property Tax Bills Across Crestwood, Jefferson County, Kentucky
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 40014 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | May 18 |
Links | |
|---|---|
| Jefferson Tax Assessor | |
| Website | jeffersonpva.ky.gov |