Slade, Powell County, Kentucky Property Taxes

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

Median Slade, KY effective property tax rate: 0.90%, significantly lower than the national median of 1.02%, but lower than the Kentucky state median of 1.02%.
Median Slade, KY home value: $40,000
Median annual Slade, KY tax bill: $188, $2,212 lower than the national median property tax bill of $2,400.

How are property taxes in Powell County calculated?

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

Last Updated March 1, 2025

Slade, 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

$442

$410

Ownwell’s Slade Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Slade with just two data points. By entering your property's estimated assessed value, our calculator applies Slade’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 Powell County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Slade, Powell County, Kentucky

Local government entities set tax rates, which can vary widely within a state. 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 Slade’s effective property tax rate to other cities in Kentucky and the median property tax rates in Kentucky and the U.S. The median property tax rate in Slade, located in Powell County, is 0.90%, which is below the national median of 1.02%. This lower rate can be an attractive factor for homeowners looking to save on property taxes. However, it is essential to consider that while the rate is lower than the national average, it aligns with the state’s median. Potential homeowners should weigh these factors when considering a move to Slade, as the lower tax rate may contribute to overall affordability in the area.

Property Tax Rates Across Slade, 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 Slade 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 Slade, Powell County, Kentucky

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
40376	0.58%	0.90%	0.91%	0.91%	0.91%

Source: Ownwell

Property Tax Assessment Values Across Slade, Powell County, Kentucky

When examining property taxes in Slade, 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.

In Powell County, assessment notices are sent 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 Slade. For example, the median home price in Slade is $40,000, with tax bills ranging significantly across the county. Zip code 40376 has the highest median home price at $40,000.

Property Tax Assessment Values Across Slade, Powell County, Kentucky

Source: Ownwell

$9,488

$29,037

$48,585

Median Slade Market Value

$48,585

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 Slade, Powell County, Kentucky

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
40376	$5,600	$20,000	$48,585	$250,000	$455,000

Source: Ownwell

Property Tax Bills Across Slade, Powell County, Kentucky

In Slade, Powell County, KY, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The tax rate is applied to this assessed value to determine the tax bill. With a median home price of $40,000, homeowners in Slade face relatively low property tax bills compared to the national median of $2,400. The 25th percentile tax bill is $85, while the 75th percentile is $495, highlighting the range of tax obligations residents might encounter. The highest median tax bill in the area is $188, which is significantly lower than many other regions. This low tax burden can be beneficial for homeowners, but it also means that any savings can be particularly impactful. Ownwell can assist homeowners by identifying potential errors in assessments or overlooked exemptions, ensuring they do not overpay. By leveraging expert knowledge and local insights, Ownwell helps homeowners in Slade reduce their property tax bills, maximizing their savings and financial well-being.

Property Tax Bills Across Slade, Powell County, Kentucky

Source: Ownwell

$90

$279

$467

Median Slade Tax Bill

$467

Median Powell County Tax Bill

$272

Median Kentucky Tax Bill

$1,071

Median United States Tax Bill

$2,400

Property Tax Bills Across Slade, Powell County, Kentucky

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
40376	$64	$136	$467	$3,206	$4,674

Source: Ownwell