41859 Property Tax Rate

Dema, Kentucky · Part of Knott County

ACS 2019-2023 · Updated Dec 2024

Effective Tax Rate

0.45%

76.9% below state avg

Median Annual Tax

$253

$21/mo escrow

Estimate Your Tax

$
$50K$2M

Annual Tax

$253

Monthly

$21

Eff. Rate

0.45%

vs. Kentucky Avg76.9% below
vs. National Avg90.6% below

How ZIP 41859 Compares

Median Annual Property Tax

ZIP 41859$253
Kentucky Average$1,097
National Average$2,690

ZIP 41859

0.45%

Effective rate

Kentucky Avg

0.75%

Effective rate

National Avg

1.10%

Effective rate

State Ranking

Property Tax Rank in Kentucky

0.11%state avg 0.75%2.28%

Lower than 94% of ZIP codes in Kentucky(6th percentile, 621 ZIPs compared)

Property Tax Analysis

Property Tax Insights for ZIP 41859

Property owners in ZIP code 41859 (Dema, Kentucky) pay a median of $253/year in property taxes on homes valued at $56,500. This translates to an effective tax rate of 0.45%, which is 41% below the Kentucky state average of 0.75%.

The monthly property tax burden for a median-valued home in 41859 is approximately $21, which factors into escrow payments on mortgages. This ZIP code is located within Knott County. This is $844 less than the Kentucky average of $1,097/year.

Compared to similar ZIP codes in Kentucky, 41859 has higher property taxes. ZIP codes with similar effective rates include 41238 (0.45%) and 40824 (0.44%).

If you're considering purchasing a home in 41859, keep in mind that property taxes are based on the assessed value assigned by the local assessor, which may differ from the purchase price. In some states, properties are reassessed at or near the sale price upon transfer of ownership. For the most current tax information for a specific property, consult Knott County's tax assessor directly.

Frequently Asked Questions

What is the property tax rate in ZIP code 41859?
The effective property tax rate in ZIP code 41859 (Dema, KY) is 0.45%. This rate is calculated by dividing the median annual property tax payment by the median home value within this ZIP Code Tabulation Area (ZCTA), based on U.S. Census Bureau data.
How much are property taxes in Dema, KY (41859)?
The median annual property tax payment in ZIP code 41859 is $253. This figure represents the typical amount paid by homeowners in this area. Actual taxes vary based on your assessed property value and any applicable exemptions.
How does ZIP 41859 compare to the Kentucky average?
ZIP code 41859's effective tax rate of 0.45% is lower than the Kentucky state average of 0.75%. The median annual property tax in this ZIP is $253, compared to the state average of $1,097.
What is the median home value in ZIP 41859?
The median home value in ZIP code 41859 (Dema, KY) is $56,500, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates at the ZCTA level.
What county is ZIP code 41859 in?
ZIP code 41859 is part of Knott County in Kentucky. For broader county-level property tax data, including comparisons with other counties in Kentucky, visit the Knott County profile on TaxByCounty.

Margin of Error

The median property tax estimate for this ZIP code has a margin of error of ±$24. ZCTA-level data has wider margins than county-level estimates due to smaller sample sizes.

County-Level Data

ZIP code 41859 is part of Knott County, Kentucky. View the full county profile for broader context and more data.

View Knott County on TaxByCounty →
By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates (ZCTA level). ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes.

Estimates are informational only and should not be used as financial or legal advice.

Learn about our data sources and methodology →