41085 Property Tax Rate

Property owners in ZIP code 41085 (Silver Grove, Kentucky) pay a median of $1,372/year in property taxes on homes valued at $112,800. This translates to an effective tax rate of 1.22%, which is 62% above the Kentucky state average of 0.75%.

The monthly property tax burden for a median-valued home in 41085 is approximately $114, which factors into escrow payments on mortgages. This ZIP code is located within Campbell County. This is $275 more than the Kentucky average of $1,097/year.

Compared to similar ZIP codes in Kentucky, 41085 has lower property taxes. ZIP codes with similar effective rates include 41098 (1.21%) and 41804 (1.22%).

In Silver Grove, property taxes represent approximately 1.8% of the median household income of $75,875, providing context for the relative tax burden on homeowners in this area.

Kentucky has no annual increase cap for homeowners — your Campbell County property will be reassessed to market value upon sale by the county PVA. Campbell County (Northern Kentucky area) offers homestead exemptions for primary residences and senior/disabled exemptions; file with the Campbell County Property Valuation Administrator before the annual filing deadline (typically mid-year) to claim your exemption. Contact the Campbell County PVA immediately after closing to request exemption forms and confirm the current exemption amount and deadline.