Knott County, Kentucky Property Taxes
Census Bureau ACS property tax data for Kentucky. Population: 3,858.
The median annual property tax in Knott County is $536, which is 51% lower than the Kentucky state average and 72% below the national average. The effective tax rate is 0.72% on a median home value of $74,600. Property taxes represent 1.4% of the median household income in this county.
Median Annual Tax
$536
-51% vs State
-72% vs US
Median Home Value
$74,600
-50% vs State
-65% vs US
Effective Tax Rate
0.72%
+0% vs State
-24% vs US
With vs Without Mortgage
With Mortgage
$1,155
$96/mo
Without Mortgage
$356
$30/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $536 +2.3% | 0.72% |
| 2022 | $524 +5.6% | 0.79% |
| 2021 | $496 +10.0% | 0.86% |
| 2020 | $451 +2.7% | 0.86% |
| 2019 | $439 | 0.85% |
Tax Burden
Tax-to-Income Ratio
1.4%
of median household income
Median Income
$37,736
per year
Monthly Tax
$45
per month
Other Counties in Kentucky
Larue County
Tax: $1,118/yr Rate: 0.63%
Madison County
Tax: $1,631/yr Rate: 0.74%
Edmonson County
Tax: $795/yr Rate: 0.58%
Monroe County
Tax: $892/yr Rate: 0.77%
Knox County
Tax: $803/yr Rate: 0.74%
Lincoln County
Tax: $1,020/yr Rate: 0.73%
Frequently Asked Questions
What is the average property tax in Knott County, Kentucky? ▼
The median annual property tax in Knott County is $536 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.72% on a median home value of $74,600.
How does Knott County property tax compare to the national average? ▼
Property taxes in Knott County are 72% below the national average of $1,923. The effective rate of 0.72% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Knott County? ▼
In Knott County, homeowners with a mortgage pay a median of $1,155 in annual property taxes, while homeowners without a mortgage pay $356. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Knott County? ▼
Property taxes in Knott County represent approximately 1.4% of the median household income of $37,736. The national benchmark is generally 2-4% of household income.
Explore More Data
Data 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.