Kentucky · County property tax · ACS 2024
Owen County Property Taxes
The median homeowner in Owen County pays $1,220 a year, an effective rate of 0.72%, well below the U.S. average.
- $1,220
- Median tax / yr · Below-median bill
- 0.72%
- Effective rate · Below-median rate
- -39%
- vs U.S. average
- #46 of 120
- rank in KY
The verdict
Homeowners in Owen County pay a median $1,220 a year in property tax, an effective rate of 0.72%, more affordable than 58% of U.S. counties (Census ACS 2024).
- $1,220
- Median annual tax bill, 2024
- 0.72%
- Effective rate on median home
- #1325 of 3135
- U.S. counties by tax burden
- -39%
- vs the national average bill
Effective rate is the median property tax bill divided by the median home value ($168,700). U.S. Census Bureau, ACS 5-Year Estimates · 2024.
Census Bureau ACS property tax data for Kentucky. Population: 11,330. Owner-occupied homes: 3,740.
The median annual property tax in Owen County is $1,220, which is 21% lower than the Kentucky state average and 39% below the national average. The effective tax rate is 0.72% on a median home value of $168,700. Property taxes represent 2.0% of the median household income in this county.
Owen County's rate standing among U.S. counties
Primary signal
The effective rate sits near the national middle
Owen County's 0.72% effective rate sits near the middle of 3,135 tracked counties (more affordable than 58%).
Decision signal 2
The bill sits well below the national median
Homeowners in Owen County pay a median annual property tax of $1,220, well below the national median and notably lower than the Kentucky state median. On a $168,700 median home, that works out to an effective rate of 0.72% once the local assessment base and millage are combined.
Decision signal 3
Income carries a light tax share
Property taxes in Owen County run a bit below the commonly cited 2%-4% national benchmark, at about 2.0% of the $61,134 median household income.
Decision signal 4
Near the middle of Kentucky counties by effective rate
Owen County ranks #46 of 120 counties in Kentucky by effective rate (62% of in-state counties pay a lower rate).
Decision signal 5
The latest release held the bill roughly steady
Since 2023, the published ACS median estimate has held roughly steady, down 0.9%, from $1,231 to $1,220. This compares two release estimates; it does not identify a local policy, assessment, exemption, or household-bill cause.
Informational notice
Figures describe the median homeowner household in Owen 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.
How to read this county's bill
The bill here climbed steeply over 2020-2024, up 27% from $962 to $1,220. These ACS medians describe the reported change; they do not identify whether a levy, assessment, home value, or change in the responding households caused it.
The fullest band here is the $800 to $1,499 range, holding 1,447 of 3,740 owner-occupied homes (38.7%). The band shows where the largest share of reported owner-occupied households falls; it is not an individual-bill estimate.
Both figures cluster near the middle of the national range, and the median bill comes to 2.0% 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 Owen County Homeowners Actually Pay
The single largest group of Owen County homeowners, 1,447 of 3,740 owner-occupied homes (38.7%), pays $800 to $1,499 a year. The median is one point in this spread, not a typical bill.
- Less than $800 24.6% (919)
- $800 to $1,499 38.7% (1,447)
- $1,500 to $1,999 11.7% (439)
- $2,000 to $2,999 11.2% (420)
- $3,000 or more 9.6% (359)
Census ACS 2024, table B25102. Bands and the no-tax share sum to 100%.
156 homes here (4.2%) report no real estate tax at all. Exemptions are set by state: how Kentucky handles assessments and appeals.
With vs Without Mortgage
In Owen County, mortgaged homeowners pay 20% more than those without a mortgage, a gap that typically tracks higher home values rather than a different tax rate.
Owen County's effective rate vs peers
Effective property tax rate (median tax ÷ median home value), ACS 2024.
Owen County's effective rate is higher than 62% of the 120 counties in Kentucky - ranking #46 of 120.
Where Owen County sits among every U.S. county
Effective property tax rate (median tax ÷ median home value)
0.72% more affordable than 58% 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
What changed since 2020
The median bill in Owen County moved from $962 in the 2020 release to $1,220 in 2024, a change of about 27%. These are American Community Survey 5-year estimates compared across releases that share only one sample year, which is why this page never compares consecutive releases: those overlap in four years of the same households and move mostly on sampling.
Owen County vs Benchmarks
| Metric | Owen County | Kentucky Avg | U.S. Avg |
|---|---|---|---|
| Median Annual Tax Below-median bill | |||
| Effective Tax Rate Below-median rate | |||
| Median Home Value | |||
| Tax as % of income Below-median income burden | 2.0% | - | - |
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.
Owen County is UNDER · LIGHT on ACS medians, still verify your parcel card before quoting the county figure. Estimate appeal savings · Kentucky counties.
Owen County rate trail · UNDER
| Year | Median Tax (vs prior release) | Effective Rate |
|---|---|---|
| 2024 | $1,220 -0.9% | 0.72% |
| 2023 | $1,231 +10.3% | 0.75% |
| 2022 | $1,116 +11.2% | 0.74% |
| 2021 | $1,004 +4.4% | 0.81% |
| 2020 | $962 | 0.83% |
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.
Owen County: tax takes only 2.0% of income
Counties near Owen County's effective rate
On effective rate, Owen County sits nearest Howard County (IN), Grant County (IN), Gibson County (IN).
On published median-tax change, the nearest matches are Crawford County (OH), Sumner County (TN), Dubois County (IN).
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
Owen County: only 2% of returns show Schedule A real-estate tax
Tax year 2022: 100 of 4,670 returns from Owen County reported real estate taxes, averaging $2,410 - 40% of those reporters sat in the $50-75k 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
Owen County rate FAQs
- What is the average property tax in Owen County, Kentucky?
- The median annual property tax in Owen County is $1,220, an effective rate of 0.72% on a $168,700 median home (Census ACS, 2024).
- How does Owen County property tax compare to the national average?
- Property taxes in Owen County run well below the national median of $1,993, an effective rate of 0.72% versus 0.92% nationally.
- What is the tax affordability score for Owen County?
- Owen County, Kentucky scores C+ (63/100) 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 bill size at B- ($1,220/yr). 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.
- Are property taxes increasing in Owen County?
- The ACS median property-tax bill for Owen County is recorded at $1,220 in the 2024 5-year release against $962 in 2020. That is a large swing, and it should be read as movement in a survey estimate rather than as a tax change: the median here rests on about 3,740 owner-occupied homes, and swings above 50% are roughly twelve times more common in the smallest counties than in the largest. Treat the two figures as imprecise and check the county assessor for actual rate changes.
- What percentage of income goes to property taxes in Owen County?
- Property taxes in Owen County run a bit below the commonly cited 2%-4% national benchmark, at about 2.0% of the $61,134 median household income.
What to do with Owen County's UNDER rate
Owen County's $1,220 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 2.0% of Owen County's $61,134 median household income goes to the property-tax bill.
Nationwide peers by effective rate (then bill)
Rate-first peers for Owen County's UNDER 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: 0.72%.
Similar median bill
Nearest out-of-state counties by ACS median annual tax. This county: $1,220/yr. Rate peers are excluded so the two link sets stay distinct.
Read with Owen County
Nearest ABS(median_tax) ACS peers for Owen County (UNDER · LIGHT), replacing the old fixed Keep exploring strip.
UNDER LIGHT
Fallon County, MT
ABS(median_tax) peer · tied with Owen County at $1,220/yr; rate 0.50% vs Owen County 0.72%.
Garza County, TX
ABS(median_tax) peer · tied with Owen County at $1,220/yr; rate 1.57% vs Owen County 0.72%.
Yadkin County, NC
ABS(median_tax) peer · tied with Owen County at $1,220/yr; rate 0.67% vs Owen County 0.72%.
Cherokee County, KS
ABS(median_tax) peer · $1,219/yr (near-tied bill ABS $1); rate 1.22% vs Owen County 0.72%.
Kentucky county set
State ACS overview for every published Kentucky county rate and median bill.
Assessment cycle basics
Owen County stamps UNDER · 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 Owen County (UNDER · LIGHT) - ACS medians, not a parcel bill.