Stanton, Powell County, Kentucky Property Taxes
Median Stanton, 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 Stanton, KY home value: $50,000
Median annual Stanton, KY tax bill: $359, $2,041 lower than the national median property tax bill of $2,400.
How are property taxes in Powell County calculated?
Property taxes in Stanton, 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 Stanton’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Stanton, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Stanton, Powell County, Kentucky Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.9%
Estimate Property Tax Bill
$450
$418
Property Tax Rates Across Stanton, Powell County, Kentucky
Local government entities set tax rates, which can vary widely within a state. 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.
In Stanton, Kentucky, located in Powell County, the effective property tax rate is 0.90%, which is below the national median of 1.02%. This means residents in Stanton enjoy a lower property tax rate compared to many other parts of the country. The local rate is consistent across the city, with no significant variation between different ZIP codes, indicating a uniform tax policy within the area. With the national median property tax bill at $2,400, Stanton residents potentially save more on their property taxes, as the local rates are more favorable. This financial advantage can make Stanton an attractive place for property owners looking to minimize their tax liabilities while still benefiting from local services funded by these taxes.
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 Stanton Tax Rate
0.90%
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 Powell County Tax Rate
0.90%
Median Effective Kentucky Tax Rate
1.02%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Stanton, Powell County, Kentucky
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 40380 | 0.44% | 0.90% | 0.90% | 0.90% | 0.90% |
Source: Ownwell
Property Tax Assessment Values Across Stanton, Powell County, Kentucky
When examining property taxes in Stanton, 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 Stanton.
For example, the median home price in Stanton is $50,000, with tax bills ranging significantly across the county. Zip code 40380 has the highest median home price at $50,000.
Property Tax Assessment Values Across Stanton, Powell County, Kentucky
Source: Ownwell
$17,500
$33,750
$50,000
Median Stanton Market Value
$50,000
Median Powell County Market Value
$40,000
Median Kentucky Market Value
$110,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Stanton, Powell County, Kentucky
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 40380 | $5,000 | $15,000 | $50,000 | $92,500 | $150,000 |
Source: Ownwell
Property Tax Bills Across Stanton, Powell County, Kentucky
Median Stanton Tax Bill
$359
Median Powell County Tax Bill
$302
Median Kentucky Tax Bill
$1,031
Median United States Tax Bill
$2,400
Property Tax Bills Across Stanton, Powell County, Kentucky
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 40380 | $39 | $108 | $359 | $788 | $1,346 |
Source: Ownwell