Ludlow, Kenton County, Kentucky Property Taxes
Median Ludlow, KY effective property tax rate: 1.29%, significantly higher than the national median of 1.02%, but lower than the Kentucky state median of 1.02%. Median Ludlow, KY home value: $135,000. Median annual Ludlow, KY tax bill: $1,673, $727 lower than the national median property tax bill of $2,400.
How are property taxes in Kenton calculated? Property taxes in Ludlow, 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 Ludlow’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Ludlow, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Ludlow, Kenton County, Kentucky Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.29%
Estimate Property Tax Bill
$1,742
$1,616
Property Tax Rates Across Ludlow, Kenton County, Kentucky
Local government entities determine tax rates, which can vary significantly within a state. This variation occurs because each county annually estimates its budgetary needs for services and divides it by the total value of all taxable properties in its jurisdiction, resulting in the property tax rate. Although votes and legislation play roles in setting these rates and budgets, this is essentially the yearly process.
Ludlow in Kenton County, Kentucky, has an effective property tax rate that aligns with the highest and lowest median tax rates in the state, both recorded at 1.29%. This rate is notably above the national median property tax rate of 1.02%, highlighting the variance in tax obligations across different regions. Property owners in Ludlow may find their tax bills higher than the national median property tax bill of $2,400, depending on their property's assessed value. Comparing Ludlow’s rate to other cities in Kentucky and the national median offers valuable insights for property owners, emphasizing the importance of understanding local tax dynamics to manage financial responsibilities effectively.
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 Ludlow Tax Rate
1.29%
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
1.07%
Median Effective Kentucky Tax Rate
1.02%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Ludlow, Kenton County, Kentucky
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
41016 | 0.84% | 1.29% | 1.29% | 1.29% | 1.29% |
Source: Ownwell
Property Tax Assessment Values Across Ludlow, Kenton County, Kentucky
When examining property taxes in Ludlow, 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 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.
In Kenton 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 Ludlow. For example, the median home price in Ludlow is $135,000, with tax bills ranging significantly across the county. Zip code 41016 has the highest median home price at $135,000.
Property Tax Assessment Values Across Ludlow, Kenton County, Kentucky
Source: Ownwell

$95,000
$332,350
$569,700
Median Ludlow Market Value
$135,000
Median Kenton County Market Value
$181,500
Median Kentucky Market Value
$110,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Ludlow, Kenton County, Kentucky
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
41016 | $90,000 | $110,000 | $135,000 | $170,000 | $218,700 |
Source: Ownwell
Property Tax Bills Across Ludlow, Kenton County, Kentucky
In Ludlow, Kenton County, KY, property tax bills are determined by assessing the property's value and applying the local tax rate. The median home price in this area is $135,000, with property tax bills ranging from the 25th percentile at $1,248 to the 90th percentile at $2,767. The median tax bill stands at $1,673, which is below the national median of $2,400. The tax rate is applied to the assessed value, which can fluctuate based on market conditions and assessments. Homeowners in Ludlow may face varying tax bills, influenced by factors such as property improvements, neighborhood developments, and changes in local tax policies.
Ownwell steps in to assist homeowners by offering property tax appeal and exemption services. By analyzing property assessments and identifying discrepancies, Ownwell helps reduce tax liabilities, ensuring homeowners do not overpay. With expert knowledge and a commitment to client savings, Ownwell provides a valuable service to those looking to manage their property tax expenses efficiently.
Median Ludlow Tax Bill
$1,673
Median Kenton County Tax Bill
$2,000
Median Kentucky Tax Bill
$1,031
Median United States Tax Bill
$2,400
Property Tax Bills Across Ludlow, Kenton County, Kentucky
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
41016 | $965 | $1,248 | $1,673 | $2,136 | $2,767 |
Source: Ownwell