42164 Property Tax Rate

Property owners in ZIP code 42164 (Scottsville, Kentucky) pay a median of $1,000/year in property taxes on homes valued at $180,100. This translates to an effective tax rate of 0.56%, which is 26% below the Kentucky state average of 0.75%.

The monthly property tax burden for a median-valued home in 42164 is approximately $83, which factors into escrow payments on mortgages. This ZIP code is located within Allen County.

Compared to similar ZIP codes in Kentucky, 42164 has higher property taxes. ZIP codes with similar effective rates include 41548 (0.55%) and 42445 (0.56%).

In Scottsville, property taxes represent approximately 1.7% of the median household income of $58,336, providing context for the relative tax burden on homeowners in this area.

Kentucky mandates reassessment to fair market value at sale with no protection or cap; expect your assessed value to reflect the current market, not the prior owner's tax history. Allen County's Homestead Exemption reduces assessed value for school taxation on primary residences — submit your application to the Allen County Property Valuation Administrator as soon as possible after closing. Verify the exemption is recorded and appears on your first assessment notice.