Owen County, Kentucky Property Taxes
Census Bureau ACS property tax data for Kentucky. Population: 3,743.
The median annual property tax in Owen County is $1,231, which is 13% higher than the Kentucky state average and 36% below the national average. The effective tax rate is 0.75% on a median home value of $165,000. Property taxes represent 2.1% of the median household income in this county.
Median Annual Tax
$1,231
+13% vs State
-36% vs US
Median Home Value
$165,000
+10% vs State
-22% vs US
Effective Tax Rate
0.75%
+4% vs State
-21% vs US
With vs Without Mortgage
With Mortgage
$1,348
$112/mo
Without Mortgage
$1,088
$91/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 | $1,231 +10.3% | 0.75% |
| 2022 | $1,116 +11.2% | 0.74% |
| 2021 | $1,004 +4.4% | 0.81% |
| 2020 | $962 +0.9% | 0.83% |
| 2019 | $953 | 0.82% |
Tax Burden
Tax-to-Income Ratio
2.1%
of median household income
Median Income
$59,706
per year
Monthly Tax
$103
per month
Other Counties in Kentucky
Estill County
Tax: $773/yr Rate: 0.69%
Allen County
Tax: $972/yr Rate: 0.55%
Carroll County
Tax: $982/yr Rate: 0.76%
Jefferson County
Tax: $2,023/yr Rate: 0.85%
Jackson County
Tax: $683/yr Rate: 0.64%
Carlisle County
Tax: $887/yr Rate: 0.85%
Frequently Asked Questions
What is the average property tax in Owen County, Kentucky? ▼
The median annual property tax in Owen County is $1,231 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.75% on a median home value of $165,000.
How does Owen County property tax compare to the national average? ▼
Property taxes in Owen County are 36% below the national average of $1,923. The effective rate of 0.75% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Owen County? ▼
In Owen County, homeowners with a mortgage pay a median of $1,348 in annual property taxes, while homeowners without a mortgage pay $1,088. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Owen County? ▼
Property taxes in Owen County represent approximately 2.1% of the median household income of $59,706. 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.