Commercial yttria-stabilized zirconia (YSZ) thermal barrier coatings (TBCs) are no longer sufficient for the stringent demands in the high operating temperature and excellent thermophysical properties of the high-performance gas turbines and aviation engines. High entropy ceramics, distinguished by their superior thermophysical properties, have risen as a potential substitute for TBCs. However, the realm of atmospheric plasma spraying (APS) in the creation of these advanced TBCs remains relatively unexplored. In this work, three distinct high-entropy (La0.2Sm0.2Eu0.2Yb0.2Y0.2)2(Ce0.5Zr0.5)2O7 coatings were developed through the meticulous alteration of spraying power. The effects of spraying power on the microstructure, valence states of constituent elements and thermophysical properties of the coatings were deeply investigated. The results indicated that all the as-sprayed coatings exhibit a defect fluorite structure. Spraying power does have a significant impact on the thermophysical properties of the coatings. With the decrease in spraying power, the thermal conductivity of the coatings shows a progressive reduction, whereas the coefficient of thermal expansion (CTE) exhibits a gradual increase. This trend is closely related to valence states of constituent elements in the coatings. The resulting coating exhibits a low thermal conductivity of 0.54 W⋅m-1⋅K-1, a high CTE of 11.22×10-6·K-1 and a superior phase stability at elevated temperatures.