Covington, Kenton County, Kentucky Property Taxes
Property Taxes in Covington, Kentucky
Median Covington, Kentucky effective property tax rate: 1.32%, significantly higher than the national median of 1.02%, and higher than the Kentucky state median of 1.02%.
Median Covington, Kentucky home value: $140,600
Median annual Covington, Kentucky tax bill: $1,684, lower by $716 than the national median property tax bill of $2,400.
How are property taxes in Kenton calculated?
Property taxes in Covington, 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 Covington's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Covington, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Covington, Kenton County, Kentucky Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.32%
Estimate Property Tax Bill
$1,856
$1,722
How Does the Covington Property Tax Calculator Work?
Use this Covington property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Covington's median effective tax rate of 1.32% — based on actual property records in Kenton County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment 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 Covington'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 Covington: rates range from $1,289 in 41014 to $1,884 in 41017, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Covington.
About Covington Property Taxes
About Property Taxes in Covington, Kenton, Kentucky
Covington’s median effective property tax rate of 1.32% is lower than the Kentucky state median of 1.02% and lower than the national median of 1.02%. This rate reflects the Kenton 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 Covington. Homeowners in the 41011 ZIP code carry a median effective rate of 1.32%, while those in 41017 pay 1.03%. This spread reflects how school district boundaries and local assessment districts are drawn across Kenton County. Understanding which part of Covington you live in can make a meaningful difference to your annual tax bill.
Covington homeowners who believe their assessed value is too high can file a formal appeal with the 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 Covington, Kenton 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 Covington'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 ÷ 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 Covington Tax Rate
1.32%
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 Kenton County Tax Rate
1.03%
Median Effective Kentucky Tax Rate
1.02%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Covington, Kenton County, Kentucky
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 41011 | 0.86% | 1.03% | 1.31% | 1.31% | 1.32% |
| 41014 | 0.82% | 1.31% | 1.31% | 1.31% | 1.32% |
| 41015 | 0.81% | 1.03% | 1.31% | 1.31% | 1.32% |
| 41016 | 0.79% | 1.30% | 1.30% | 1.31% | 1.32% |
| 41017 | 0.76% | 1.02% | 1.03% | 1.03% | 1.03% |
Source: Ownwell
Property Tax Assessment Values Across Covington, Kenton County, Kentucky
When examining property taxes in Covington, 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. The Kenton 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.
Assessment notices:
In Kenton County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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 understanding how assessed and market values are determined, property owners can better navigate their tax responsibilities in Covington.
For example, the median home price in Covington is $140,600, with tax bills ranging significantly across the county. Zip code 41017 has the highest median home price at $189,350.
Property Tax Assessment Values Across Covington, Kenton County, Kentucky
Source: Ownwell
$100,000
$334,400
$568,800
Median Covington Market Value
$140,600
Median Kenton County Market Value
$195,700
Median Kentucky Market Value
$116,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Covington, Kenton County, Kentucky
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 41011 | $54,000 | $85,000 | $150,000 | $253,800 | $372,500 |
| 41014 | $52,000 | $72,100 | $106,400 | $145,850 | $200,000 |
| 41015 | $72,000 | $103,025 | $131,850 | $176,800 | $308,930 |
| 41016 | $54,880 | $79,500 | $115,000 | $161,000 | $259,120 |
| 41017 | $158,730 | $170,875 | $189,350 | $218,600 | $268,330 |
Source: Ownwell
Property Tax Bills Across Covington, Kenton County, Kentucky
Property tax bills in Covington are based on the assessed value of a home and the local tax rate set for Kenton County. When a property is assessed, that value is used to calculate how much tax a homeowner owes each year. The bill is influenced by the home’s market value, the assessment process, and the tax rate applied to that value.
For Covington homeowners, the median home price is $140,600, and the median property tax bill is $1,884 in ZIP code 41017. Bills can vary widely across the city, with the 25th percentile at $1,068, the 75th percentile at $2,301, and the 90th percentile at $3,393. In ZIP code 41014, the lowest median tax bill is $1,289.
These differences matter because property taxes can significantly affect monthly housing costs and long-term affordability for homeowners.
Median Covington Tax Bill
$1,684
Median Kenton County Tax Bill
$2,119
Median Kentucky Tax Bill
$1,071
Median United States Tax Bill
$2,400
Property Tax Bills Across Covington, Kenton County, Kentucky
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 41011 | $658 | $1,052 | $1,841 | $2,717 | $4,041 |
| 41014 | $592 | $853 | $1,289 | $1,865 | $2,564 |
| 41015 | $775 | $1,128 | $1,602 | $2,175 | $3,332 |
| 41016 | $583 | $882 | $1,372 | $2,051 | $3,223 |
| 41017 | $1,301 | $1,676 | $1,884 | $2,204 | $2,664 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | May 18 |
Links | |
|---|---|
| Kenton Tax Assessor | |
| Website | kcor.org |