Owsley County, Kentucky Property Taxes
Census Bureau ACS property tax data for Kentucky. Population: 1,028.
The median annual property tax in Owsley County is $562, which is 49% lower than the Kentucky state average and 71% below the national average. The effective tax rate is 0.70% on a median home value of $79,900. Property taxes represent 1.8% of the median household income in this county.
Median Annual Tax
$562
-49% vs State
-71% vs US
Median Home Value
$79,900
-47% vs State
-62% vs US
Effective Tax Rate
0.70%
-3% vs State
-26% vs US
With vs Without Mortgage
With Mortgage
$824
$69/mo
Without Mortgage
$511
$43/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 | $562 -6.0% | 0.70% |
| 2022 | $598 +6.0% | 0.76% |
| 2021 | $564 +0.5% | 0.81% |
| 2020 | $561 -2.4% | 0.83% |
| 2019 | $575 | 0.82% |
Tax Burden
Tax-to-Income Ratio
1.8%
of median household income
Median Income
$31,064
per year
Monthly Tax
$47
per month
Other Counties in Kentucky
Daviess County
Tax: $1,595/yr Rate: 0.86%
Grayson County
Tax: $896/yr Rate: 0.56%
Boyle County
Tax: $1,712/yr Rate: 0.85%
Washington County
Tax: $1,205/yr Rate: 0.72%
Fleming County
Tax: $824/yr Rate: 0.72%
Taylor County
Tax: $1,174/yr Rate: 0.72%
Frequently Asked Questions
What is the average property tax in Owsley County, Kentucky? ▼
The median annual property tax in Owsley County is $562 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.70% on a median home value of $79,900.
How does Owsley County property tax compare to the national average? ▼
Property taxes in Owsley County are 71% below the national average of $1,923. The effective rate of 0.70% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Owsley County? ▼
In Owsley County, homeowners with a mortgage pay a median of $824 in annual property taxes, while homeowners without a mortgage pay $511. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Owsley County? ▼
Property taxes in Owsley County represent approximately 1.8% of the median household income of $31,064. 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.