Kentucky · County property tax · ACS 2024
Hancock County Property Taxes
The median homeowner in Hancock County pays $930 a year, an effective rate of 0.66%, far below the U.S. average.
- $930
- Median tax / yr · Low bill
- 0.66%
- Effective rate · Below-median rate
- -53%
- vs U.S. average
- #75 of 120
- rank in KY
The verdict
Homeowners in Hancock County pay a median $930 a year in property tax, an effective rate of 0.66%, more affordable than 64% of U.S. counties (Census ACS 2024).
- $930
- Median annual tax bill, 2024
- 0.66%
- Effective rate on median home
- #1116 of 3135
- U.S. counties by tax burden
- -53%
- vs the national average bill
Effective rate is the median property tax bill divided by the median home value ($141,200). U.S. Census Bureau, ACS 5-Year Estimates · 2024.
Census Bureau ACS property tax data for Kentucky. Population: 9,034. Owner-occupied homes: 2,807.
The median annual property tax in Hancock County is $930, which is 40% lower than the Kentucky state average and 53% below the national average. The effective tax rate is 0.66% on a median home value of $141,200. Property taxes represent 1.4% of the median household income in this county.
Hancock County's rate standing among U.S. counties
Primary signal
The effective rate sits near the national middle
Hancock County's 0.66% effective rate sits near the middle of 3,135 tracked counties (more affordable than 64%).
Decision signal 2
The bill sits well below the national median
Homeowners in Hancock County pay a median annual property tax of $930, far below the national median and well below the Kentucky state median. On a $141,200 median home, that works out to an effective rate of 0.66% once the local assessment base and millage are combined.
Decision signal 3
Income carries a light tax share
Property taxes in Hancock County run well below the commonly cited 2%-4% national benchmark, at about 1.4% of the $65,464 median household income.
Decision signal 4
Near the middle of Kentucky counties by effective rate
Hancock County ranks #75 of 120 counties in Kentucky by effective rate (38% of in-state counties pay a lower rate).
Informational notice
Figures describe the median homeowner household in Hancock County as reported to the Census Bureau; your parcel can differ. Not tax, legal, or financial advice: check the county assessor or a qualified professional before decisions that depend on these numbers.
The rate held while the market moved
Hancock County sits in the quarter of U.S. counties whose effective rate moved least over this span: 3.1% down, against a median home value that rose 24.3%.
A near-steady rate on a moving market passes that movement straight through: the median bill rose 20.5%, from $772 to $930.
Effective rate is the published median bill divided by the published median home value, so the two multiply back to the bill exactly; the rate's movement here is derived from those two figures rather than read from the rounded published rate. Both are ACS 5-year survey estimates for the median owner-occupied household, compared across non-overlapping releases. They describe what the Census published, not a local policy, assessment, or exemption change.
How to read this county's bill
Bills rose across 2020-2024, from $772 to $930, a gain of 20%. This is a comparison of published ACS medians, not an explanation of a particular property's assessment or tax bill.
The largest reported group here falls at the bottom of the national range: 1,084 of 2,807 owner-occupied homes (38.6%) report annual real-estate taxes under $800. This distribution describes reported owner-occupied homes, not an affordability judgment for any property.
Both figures cluster near the middle of the national range, and the median bill comes to 1.4% of median household income. Counties like this are the reason a national average exists at all, and also the reason it explains so little.
The share above is the median annual bill divided by median household income, a ratio of two county-level medians rather than a household-by-household figure.
What Hancock County Homeowners Actually Pay
The single largest group of Hancock County homeowners, 1,084 of 2,807 owner-occupied homes (38.6%), pays less than $800 a year. The median is one point in this spread, not a typical bill.
- Less than $800 38.6% (1,084)
- $800 to $1,499 30.4% (854)
- $1,500 to $1,999 10.7% (299)
- $2,000 to $2,999 10.7% (301)
- $3,000 or more 3.8% (107)
Census ACS 2024, table B25102. Bands and the no-tax share sum to 100%.
162 homes here (5.8%) report no real estate tax at all. Exemptions are set by state: how Kentucky handles assessments and appeals.
With vs Without Mortgage
Mortgaged homeowners in Hancock County pay more than double the bill of those without one (+72%), the widest kind of value gap this dataset tracks.
Hancock County's effective rate vs peers
Effective property tax rate (median tax ÷ median home value), ACS 2024.
Hancock County's effective rate is higher than 38% of the 120 counties in Kentucky - ranking #75 of 120.
Where Hancock County sits among every U.S. county
Effective property tax rate (median tax ÷ median home value)
0.66% Among the most affordable more affordable than 64% of 3,135 U.S. counties
Show national distribution
Each bar is a band; taller bars hold more U.S. counties. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2024
Hancock County vs Benchmarks
| Metric | Hancock County | Kentucky Avg | U.S. Avg |
|---|---|---|---|
| Median Annual Tax Low bill | |||
| Effective Tax Rate Below-median rate | |||
| Median Home Value | |||
| Tax as % of income Light income burden | 1.4% | - | - |
Source: U.S. Census Bureau, ACS 5-Year Estimates. Tax-burden differences across rows reflect millage decisions, assessment-ratio practices, and the residential-vs-commercial mix of each tax base.
Hancock County is QUIET · LIGHT on ACS medians, still verify your parcel card before quoting the county figure. Estimate appeal savings · Kentucky counties.
Hancock County rate trail · QUIET
| Year | Median Tax (vs prior release) | Effective Rate |
|---|---|---|
| 2024 | $930 -0.5% | 0.66% |
| 2023 | $935 +8.1% | 0.68% |
| 2022 | $865 +14.6% | 0.74% |
| 2021 | $755 -2.2% | 0.67% |
| 2020 | $772 | 0.68% |
Each row is a separate ACS 5-year release, and consecutive releases share four of their five survey years. The percentage beside each bill is therefore movement in the published estimate against the previous release, not a single year's tax change. The two releases largely describe the same households. For change over time, compare releases that do not overlap.
Hancock County: tax takes only 1.4% of income
Counties near Hancock County's effective rate
On effective rate, Hancock County sits nearest Shelby County (IN), Owen County (IN), Marshall County (IN).
On published median-tax change, the nearest matches are Pinal County (AZ), Maricopa County (AZ), Tangipahoa Parish (LA).
How peers are chosen
These are the nearest cross-state matches in the published Census data, not neighboring counties or recommendations. Peers are rebuilt with each data release; see the calculation method.
Similar effective rates
Similar published median-tax changes, 2020–2024
Hancock County: only 2% of returns show Schedule A real-estate tax
Tax year 2022: 70 of 3,860 returns from Hancock County reported real estate taxes, averaging $2,286 - 71% of those reporters sat in the $100-200k AGI band.
What this IRS county file does not say
Amounts are reported before the SALT cap, not deducted; the share is of filers, not homeowners. Source: IRS SOI county data, tax year 2022.
Other Counties in Kentucky
Hancock County rate FAQs
- What is the tax affordability score for Hancock County?
- Hancock County, Kentucky scores B (70/100) on PlainPropertyTax's tax affordability composite across 5 Census ACS dimensions (effective rate, bill size, income share, mortgage gap, and home-value/income). Its strongest scored dimension here is income room at A (1.4%). The score compares published county medians to U.S. percentiles, it is not a personal bill and not advice to buy, sell, appeal, or relocate.
- How does Hancock County property tax compare to the national average?
- Property taxes in Hancock County run far below the national median of $1,993, an effective rate of 0.66% versus 0.92% nationally.
- What is the average property tax in Hancock County, Kentucky?
- The median annual property tax in Hancock County is $930, an effective rate of 0.66% on a $141,200 median home (Census ACS, 2024).
- What percentage of income goes to property taxes in Hancock County?
- Property taxes in Hancock County run well below the commonly cited 2%-4% national benchmark, at about 1.4% of the $65,464 median household income.
- Are property taxes increasing in Hancock County?
- The ACS median property-tax bill for Hancock County jumped 20.5% between the 2020 and 2024 5-year releases, from $772 to $930, a 4-year span. These are survey estimates covering five years each, so this compares the two releases furthest apart rather than consecutive ones, which overlap and would mostly measure the same households twice.
What to do with Hancock County's QUIET rate
Hancock County's $930 median bill sits well below the U.S. median - still size a parcel estimate; local millage and exemptions move the real bill. Estimate your bill →
Income burden is light here: about 1.4% of Hancock County's $65,464 median household income goes to the property-tax bill.
Nationwide peers by effective rate (then bill)
Rate-first peers for Hancock County's QUIET effective rate, then a disjoint out-of-state bill set so the two neighborhoods stay distinct.
Similar effective rate
Nearest out-of-state counties by ACS effective rate. This county: 0.66%.
Similar median bill
Nearest out-of-state counties by ACS median annual tax. This county: $930/yr. Rate peers are excluded so the two link sets stay distinct.
Read with Hancock County
Nearest ABS(median_tax) ACS peers for Hancock County (QUIET · LIGHT), replacing the old fixed Keep exploring strip.
QUIET LIGHT
Crockett County, TN
ABS(median_tax) peer · tied with Hancock County at $930/yr; rate 0.59% vs Hancock County 0.66%.
Grayson County, KY
ABS(median_tax) peer · tied with Hancock County at $930/yr; rate 0.57% vs Hancock County 0.66%.
Sunflower County, MS
ABS(median_tax) peer · tied with Hancock County at $930/yr; rate 0.93% vs Hancock County 0.66%.
Grant County, NE
ABS(median_tax) peer · $929/yr (near-tied bill ABS $1); rate 0.68% vs Hancock County 0.66%.
Kentucky county set
State ACS overview for every published Kentucky county rate and median bill.
Assessment cycle basics
Hancock County stamps QUIET · LIGHT - how assessed value and millage become the ACS median bill.
Data vintage and method
Data as of 2024. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates.
Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.
Source: U.S. Census Bureau American Community Survey 5-Year Estimates, county median real-estate taxes · 2024 Hancock County (QUIET · LIGHT) - ACS medians, not a parcel bill.