Dover, Mason County, Kentucky Property Taxes

Name: Property Tax Bills Across Dover, Mason County, Kentucky
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Dover, KY effective property tax rate: 1.07%, slightly higher than the national median of 1.02%, but lower than the Kentucky state median of 1.02%.
Median Dover, KY home value: $64,000
Median annual Dover, KY tax bill: $543, $1,857 lower than the national median property tax bill of $2,400.

How are property taxes in Mason County calculated?

Property taxes in Dover, 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 Dover’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Dover, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Dover, Mason County, Kentucky Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.07%

Estimate Property Tax Bill

$685

$635

Ownwell’s Dover Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Dover with just two data points. By entering your property's estimated assessed value, our calculator applies Dover’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 Mason County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Dover, Mason County, Kentucky

Local government entities set tax rates, which can vary widely within a state. This variation exists 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 Dover’s effective property tax rate to other cities in Kentucky and the median property tax rates in Kentucky and the U.S.

Property Tax Rates Across Dover, Mason County, Kentucky

Source: Ownwell

0.83%

0.95%

1.07%

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 Dover Tax Rate

1.07%

Median Effective Mason County Tax Rate

1.07%

Median Effective Kentucky Tax Rate

1.02%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Dover, Mason County, Kentucky

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
41034	0.25%	0.50%	1.07%	1.21%	1.21%

Source: Ownwell

Property Tax Assessment Values Across Dover, Mason County, Kentucky

When examining property taxes in Dover, 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 Mason 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 Mason 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 Dover. For example, the median home price in Dover is $64,000, with tax bills ranging significantly across the county. Zip code 41034 has the highest median home price at $64,000.

Property Tax Assessment Values Across Dover, Mason County, Kentucky

Source: Ownwell

$64,000

$114,686

$165,371

Median Dover Market Value

$64,000

Median Mason County Market Value

$70,000

Median Kentucky Market Value

$110,000

Median United States Market Value

$235,294

Property Tax Assessment Values Across Dover, Mason County, Kentucky

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
41034	$11,720	$32,000	$64,000	$150,530	$287,623

Source: Ownwell

Property Tax Bills Across Dover, Mason County, Kentucky

In Dover, located in Mason County, KY, property tax bills are calculated based on the assessed value of a home. The local tax rate is applied to this assessed value to determine the final tax bill. With a median home price of $64,000, property taxes can vary significantly. The tax bill at the 25th percentile is $241, while at the 75th percentile, it rises to $1,122. At the 90th percentile, homeowners might face a tax bill of up to $1,916. Compared to the national median property tax bill of $2,400, Dover's figures indicate a range that could be more manageable for many homeowners. However, even within this range, property taxes can still pose a financial burden. Ownwell assists homeowners by identifying potential savings through appealing assessed values or securing exemptions. By leveraging expertise in local tax regulations, Ownwell helps ensure homeowners pay only their fair share, potentially reducing their property tax bills and easing their financial strain.

Property Tax Bills Across Dover, Mason County, Kentucky

Source: Ownwell

$452

$805

$1,157

Median Dover Tax Bill

$543

Median Mason County Tax Bill

$649

Median Kentucky Tax Bill

$1,031

Median United States Tax Bill

$2,400

Property Tax Bills Across Dover, Mason County, Kentucky

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
41034	$101	$241	$543	$1,122	$1,916

Source: Ownwell