Knox County, Kentucky Property Taxes
Census Bureau ACS property tax data for Kentucky. Population: 7,425.
The median annual property tax in Knox County is $803, which is 27% lower than the Kentucky state average and 58% below the national average. The effective tax rate is 0.74% on a median home value of $109,200. Property taxes represent 2.4% of the median household income in this county.
Median Annual Tax
$803
-27% vs State
-58% vs US
Median Home Value
$109,200
-27% vs State
-48% vs US
Effective Tax Rate
0.74%
+3% vs State
-22% vs US
With vs Without Mortgage
With Mortgage
$1,245
$104/mo
Without Mortgage
$569
$47/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 | $803 -2.8% | 0.74% |
| 2022 | $826 +10.9% | 0.76% |
| 2021 | $745 +13.6% | 0.78% |
| 2020 | $656 +5.0% | 0.75% |
| 2019 | $625 | 0.72% |
Tax Burden
Tax-to-Income Ratio
2.4%
of median household income
Median Income
$33,153
per year
Monthly Tax
$67
per month
Other Counties in Kentucky
Elliott County
Tax: $671/yr Rate: 0.69%
Caldwell County
Tax: $594/yr Rate: 0.52%
Greenup County
Tax: $1,273/yr Rate: 0.94%
Shelby County
Tax: $2,248/yr Rate: 0.81%
Trimble County
Tax: $1,175/yr Rate: 0.68%
Lyon County
Tax: $1,016/yr Rate: 0.55%
Frequently Asked Questions
What is the average property tax in Knox County, Kentucky? ▼
The median annual property tax in Knox County is $803 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.74% on a median home value of $109,200.
How does Knox County property tax compare to the national average? ▼
Property taxes in Knox County are 58% below the national average of $1,923. The effective rate of 0.74% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Knox County? ▼
In Knox County, homeowners with a mortgage pay a median of $1,245 in annual property taxes, while homeowners without a mortgage pay $569. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Knox County? ▼
Property taxes in Knox County represent approximately 2.4% of the median household income of $33,153. 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.