Jeffersonville, Powell County, Kentucky Property Taxes

Name: Property Tax Bills Across Jeffersonville, Powell County, Kentucky
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Jeffersonville, KY effective property tax rate: 0.54%, significantly lower than the national median of 1.02%, but lower than the Kentucky state median of 1.02%.
Median Jeffersonville, KY home value: $100,326
Median annual Jeffersonville, KY tax bill: $538, $1,862 lower than the national median property tax bill of $2,400.

How are property taxes in Powell calculated?

Property taxes in Jeffersonville, KY 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 Jeffersonville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Jeffersonville, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Jeffersonville, Powell County, Kentucky Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.91%

Estimate Property Tax Bill

$501

$464

Ownwell’s Jeffersonville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Jeffersonville with just two data points. By entering your property's estimated assessed value, our calculator applies Jeffersonville’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Clark County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Jeffersonville, Powell County, Kentucky

Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this process is essentially annual.

In Jeffersonville, located in Clark County, Kentucky, the effective property tax rate is a crucial factor for homeowners. The city's rate is notably lower than the national median property tax rate of 1.02%. This offers a financial advantage to property owners in Jeffersonville, as they benefit from lower property tax bills compared to many other parts of the country. The median property tax bill in Jeffersonville is also significantly below the national median of $2,400, making it an attractive location for those seeking affordability in property ownership. By comparing Jeffersonville’s effective property tax rate to other cities in Kentucky and the median property tax rates in the state and the U.S., homeowners can better understand the financial landscape and make informed decisions about property investments.

Property Tax Rates Across Jeffersonville, Powell County, Kentucky

Source: Ownwell

0.91%

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 Jeffersonville Tax Rate

0.91%

Median Effective Powell County Tax Rate

0.91%

Median Effective Kentucky Tax Rate

1.02%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Jeffersonville, Powell County, Kentucky

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
40337	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Jeffersonville, Powell County, Kentucky

When examining property taxes in Jeffersonville, KY, 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 Powell 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: Powell County sends assessment notices in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Jeffersonville. For example, the median home price in Jeffersonville is $100,326, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Jeffersonville, Powell County, Kentucky

Source: Ownwell

$9,488

$29,037

$48,585

Median Jeffersonville Market Value

$55,000

Median Powell County Market Value

$35,000

Median Kentucky Market Value

$116,000

Median United States Market Value

$235,294

Property Tax Assessment Values Across Jeffersonville, Powell County, Kentucky

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
40337	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Jeffersonville, Powell County, Kentucky

In Jeffersonville, located in Powell County, KY, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by local tax authorities and is a percentage of the property's market value. With a median home price of $100,326, homeowners in Jeffersonville face a median property tax bill of $538. This figure is notably lower than the national median property tax bill of $2,400, reflecting the lower property tax rate in this region compared to the national median rate of 1.02%. However, even with relatively lower tax bills, any increase in assessed values can significantly impact homeowners' finances. This is where Ownwell steps in, offering expert property tax appeal and exemption services. By evaluating your property’s assessment, Ownwell can identify discrepancies and file appeals on your behalf, potentially lowering your tax bill. Our experienced team ensures that you only pay your fair share, helping you save money and providing peace of mind.

Property Tax Bills Across Jeffersonville, Powell County, Kentucky

Source: Ownwell

$90

$279

$467

Median Jeffersonville Tax Bill

$354

Median Powell County Tax Bill

$272

Median Kentucky Tax Bill

$1,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Jeffersonville, Powell County, Kentucky

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
40337	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Don't miss the deadline to appeal!

Dates
Appeal Deadline	May 18

Links
Powell Tax Assessor
Website	qpublic.net