Owensboro, Daviess County, Kentucky Property Taxes
Property Taxes in Owensboro, Kentucky
Median Owensboro, Kentucky effective property tax rate: 0.76%, significantly lower than the national median of 1.02%, and lower than the Kentucky state median of 1.02%.
Median Owensboro, Kentucky home value: $123,000
Median annual Owensboro, Kentucky tax bill: $537, $1,863 lower than the national median property tax bill of $2,400.
How are property taxes in Daviess calculated?
Property taxes in Owensboro, Kentucky are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Owensboro's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Owensboro, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Owensboro, Daviess County, Kentucky Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.76%
Estimate Property Tax Bill
$935
$867
How Does the Owensboro Property Tax Calculator Work?
Use this Owensboro property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Owensboro's median effective tax rate of 0.76% — based on actual property records in Daviess County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment process uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Owensboro's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Owensboro: rates range from $479.00 in 42301 to $587.00 in 42303, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Owensboro.
About Owensboro Property Taxes
About Property Taxes in Owensboro, Daviess, Kentucky
Owensboro's median effective property tax rate of 0.76% is lower than the Kentucky state median of 1.02% and lower than the national median of 1.02%. This rate reflects the Daviess County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Owensboro. Homeowners in the 42303 ZIP code carry a median effective rate of 0.79%, while those in 42301 pay 0.73%. This spread — 0.06 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Daviess County. Understanding which part of Owensboro you live in can make a meaningful difference to your annual tax bill.
Owensboro homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the May 18, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Owensboro, Daviess County, Kentucky
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Owensboro's effective property tax rate to other cities in Kentucky and the median property tax rates in Kentucky and the U.S.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Owensboro Tax Rate
0.76%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Daviess County Tax Rate
0.82%
Median Effective Kentucky Tax Rate
1.02%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Owensboro, Daviess County, Kentucky
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 42301 | 0.18% | 0.26% | 0.73% | 1.05% | 1.11% |
| 42303 | 0.19% | 0.26% | 0.79% | 1.05% | 1.11% |
Source: Ownwell
Property Tax Assessment Values Across Owensboro, Daviess County, Kentucky
When examining property taxes in Owensboro, Kentucky, understanding the distinction between market value and assessed value is crucial.
The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Daviess County appraisal district estimates the market value for tax purposes.
The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices are sent in the spring each year and typically reach property owners by the middle of the month. Each notice includes both the market value and assessed value, along with an estimate of your property tax bill.
For example, the median home price in Owensboro is $123,000, with tax bills ranging significantly across Daviess County. Zip code 42301 has the highest median home price at $125,500. Owensboro’s median property tax bill is $537, compared with the national median property tax bill of $2,400.
Property Tax Assessment Values Across Owensboro, Daviess County, Kentucky
Source: Ownwell
$53,800
$92,325
$130,850
Median Owensboro Market Value
$123,000
Median Daviess County Market Value
$117,300
Median Kentucky Market Value
$116,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Owensboro, Daviess County, Kentucky
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 42301 | $20,000 | $62,800 | $125,500 | $196,650 | $267,950 |
| 42303 | $10,400 | $55,000 | $119,900 | $204,000 | $305,040 |
Source: Ownwell
Property Tax Bills Across Owensboro, Daviess County, Kentucky
Property tax bills in Owensboro are based on the assessed value of a home and the local tax rate set for Daviess County. A property’s market value is reviewed, then the assessed value is used to calculate how much tax is owed. For homeowners, this means a higher assessed value can lead to a larger bill, while a lower assessed value can reduce it.
In Owensboro, the median home price is $123,000, and tax bills vary across the city. The 25th percentile tax bill is $255, while the 75th percentile is $1,187. At the higher end, the 90th percentile reaches $2,229. ZIP code 42303 has the highest median tax bill at $587, compared with $479 in ZIP code 42301.
These differences show how location and assessed value can affect what homeowners pay each year.
Median Owensboro Tax Bill
$537
Median Daviess County Tax Bill
$559
Median Kentucky Tax Bill
$1,071
Median United States Tax Bill
$2,400
Property Tax Bills Across Owensboro, Daviess County, Kentucky
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 42301 | $134 | $248 | $479 | $1,159 | $2,168 |
| 42303 | $111 | $266 | $587 | $1,207 | $2,335 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | May 18 |
Links | |
|---|---|
| Daviess Tax Assessor | |
| Website | beacon.schneidercorp.com |