Newport, KY Property Tax Rates
Compare property tax rates across 2 ZIP codes in Newport, Kentucky.
Avg Tax Rate
1.09%
Avg Annual Tax
$2,127
Avg Home Value
$194,900
ZIP Codes
2
Property Tax Overview: Newport, KY
Newport has 2 ZIP codes with property tax data. The average effective tax rate across these ZIPs is 1.09%, which is 45% above the Kentucky average of 0.75%. Annual property taxes range from $2,184 (ZIP 41076) to $2,069 (ZIP 41071).
For a home at Newport's median value of $194,900, property taxes add approximately $177/month to housing costs. Newport home values are above the Kentucky median of $150,773, meaning the monthly tax impact is correspondingly higher.
Property tax rates within Newport vary by 0.04 percentage points across its ZIP codes. This variation typically reflects different school district boundaries, special assessment zones, and municipal service areas within the city.
Newport vs Kentucky Average
Effective Tax Rate
45% above state average
Annual Property Tax
Median Home Value
Frequently Asked Questions
What is the average property tax rate in Newport, KY?
The average effective property tax rate in Newport, Kentucky is 1.09%, based on 2 ZIP codes.
How much is property tax in Newport, KY?
The average median annual property tax in Newport is $2,127 per year, with a median home value of $194,900.
Which ZIP code in Newport has the lowest property tax rate?
ZIP code 41076 has the lowest effective tax rate in Newport at 1.07%, with a median annual tax of $2,184.
How many ZIP codes are in Newport, KY?
Newport, Kentucky has 2 ZIP codes with property tax data available.
Which ZIP code in Newport has the highest property tax rate?
ZIP code 41071 has the highest effective tax rate in Newport at 1.11%, with a median annual tax of $2,069.
How do Newport property taxes compare to the Kentucky average?
Newport's average effective rate of 1.09% is 45% above the Kentucky state average of 0.75%.
What factors affect property tax rates between ZIP codes in Newport?
Property tax rate differences within Newport are typically driven by school district boundaries (which can account for 40–60% of a tax bill), special assessment zones for fire, water, or transit services, and whether a ZIP falls within city limits or an unincorporated area. Each taxing jurisdiction sets its own rate, which is why adjacent ZIP codes can have noticeably different effective rates.
Tips for Newport Homeowners
- •Appeal your assessment: If your home is assessed higher than its market value, you can file a property tax appeal. Studies suggest 30–60% of properties are over-assessed. Most counties offer a free informal review process.
- •Check your exemptions: Homestead exemptions can reduce your taxable value and are available to primary residents in most states. Senior, veteran, and disability exemptions may also apply. Exemptions must typically be applied for — they are not automatic.
- •Know your assessment cycle: Kentucky reassesses properties periodically. After buying a home, your next tax bill may reflect a new assessment based on your purchase price. Budget accordingly, especially if you bought above prior assessed values.
- •Compare ZIP codes before buying: Even within Newport, effective tax rates can vary significantly across ZIP codes due to different school district overlays. Use PropertyTaxByZip to compare specific ZIPs before choosing a neighborhood.
Looking for county-level property tax data? View Campbell County on TaxByCounty.com
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates (ZCTA level). ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes.
Estimates are informational only and should not be used as financial or legal advice.