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Tuesday, September 9, 2025

Knox County effective property tax rate in Q1 was lower than the national average

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Knox County Recorder Tanner Salyers (2023) | Tanner Salyers, Knox County Recorder

Knox County Recorder Tanner Salyers (2023) | Tanner Salyers, Knox County Recorder

Property owners in Knox County paid 0.9% of the value of their homes in property taxes in the first quarter of 2025, which is less than 0.8 times the national average, according to the real estate analysis posted by Licking Today.

The median sales price of a Knox County home in the first quarter of 2025 was $207,500, based on data from the 78 properties sold during that time. In 2025, the median tax bill for the county was $1,853, which is 0.9% of the median value of the homes that were taxed.

This is 0.8 times lower than the average effective property tax rate of 1.11% in the U.S. in 2023.

The analysis of Knox County real estate data showed homeowners in Danville, Apple Valley, and Mount Vernon paid the highest rates.

The above article calculates the effective property tax rate for 2025 using estimated inflation values and 2023 tax data provided by the county. In some cases, the actual effective property tax rate may vary slightly.

The U.S. housing market has surged in recent years, with its total value approaching $50 trillion in 2024—nearly five times its value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.

The following table compares Danville with some other cities belonging to Knox County by their median effective property tax rate, calculated using sales and property tax data from the first quarter of 2025.

CityQ1 2025 SalesQ1 2025 Median PriceMedian tax 2025Effective tax rate
Danville2$67,750$1,0821.6%
Apple Valley18$280,000$2,9211%
Mount Vernon42$167,000$1,5440.9%
Fredericktown9$218,746$1,6760.8%

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