Powell County, Kentucky Property Taxes
Census Bureau ACS property tax data for Kentucky. Population: 3,204.
The median annual property tax in Powell County is $829, which is 24% lower than the Kentucky state average and 57% below the national average. The effective tax rate is 0.58% on a median home value of $142,400. Property taxes represent 2.1% of the median household income in this county.
Median Annual Tax
$829
-24% vs State
-57% vs US
Median Home Value
$142,400
-5% vs State
-33% vs US
Effective Tax Rate
0.58%
-19% vs State
-39% vs US
With vs Without Mortgage
With Mortgage
$954
$80/mo
Without Mortgage
$689
$57/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 | $829 +1.2% | 0.58% |
| 2022 | $819 +22.2% | 0.66% |
| 2021 | $670 +0.6% | 0.65% |
| 2020 | $666 +9.2% | 0.63% |
| 2019 | $610 | 0.68% |
Tax Burden
Tax-to-Income Ratio
2.1%
of median household income
Median Income
$39,811
per year
Monthly Tax
$69
per month
Other Counties in Kentucky
Harlan County
Tax: $722/yr Rate: 0.99%
Spencer County
Tax: $2,118/yr Rate: 0.71%
Knott County
Tax: $536/yr Rate: 0.72%
Owen County
Tax: $1,231/yr Rate: 0.75%
Mason County
Tax: $998/yr Rate: 0.63%
Allen County
Tax: $972/yr Rate: 0.55%
Frequently Asked Questions
What is the average property tax in Powell County, Kentucky? ▼
The median annual property tax in Powell County is $829 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.58% on a median home value of $142,400.
How does Powell County property tax compare to the national average? ▼
Property taxes in Powell County are 57% below the national average of $1,923. The effective rate of 0.58% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Powell County? ▼
In Powell County, homeowners with a mortgage pay a median of $954 in annual property taxes, while homeowners without a mortgage pay $689. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Powell County? ▼
Property taxes in Powell County represent approximately 2.1% of the median household income of $39,811. 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.