Property Tax & Income in Powell County, Kentucky
Powell County has an effective property tax rate of 0.62%. On the median home value of $141,100, that's roughly $875 per year. Median household income is $40,309.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Powell County | Kentucky (state context) |
|---|---|---|
| Effective property tax rate1 | 0.62% | 0.68% |
| Median home value1 | $141,100 | — |
| State income tax3 | top rate 3.50% | top rate 3.50% |
| State sales tax3 | 6.00% combined | 6.00% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Powell County, KY
Buying a home in Powell County, Kentucky, comes with a median price tag of $141,100, and the property taxes attached to that purchase run about $875 a year. That works out to an effective rate of 0.620%, which sits below Kentucky's statewide median of 0.675% and well under the national figure of 0.794%. Among the state's 120 counties, this one ranks 92nd for property tax rate, placing it toward the lower end. Households here earn a median of $40,309, with per-capita income at $23,040, so the annual tax bill amounts to roughly two percent of what a median household brings in. Slade and Pine Ridge are the main communities. Anyone weighing a move to the area will find that both the purchase price and the recurring tax cost stay on the lower side.