Property Tax & Income in Pike County, Alabama
Pike County has an effective property tax rate of 0.27%. On the median home value of $157,600, that's roughly $424 per year. Median household income is $48,677.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Pike County | Alabama (state context) |
|---|---|---|
| Effective property tax rate1 | 0.27% | 0.32% |
| Median home value1 | $157,600 | — |
| State income tax3 | top rate 5.00% | top rate 5.00% |
| State sales tax3 | 9.46% combined | 9.46% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Pike County, AL
In Pike County, Alabama, where Troy is the largest city, buying a home comes with a notably light tax load. The median property value sits at $157,600, and the annual real-estate tax bill on that home runs about $424, based on an effective rate of 0.269%. That rate falls below Alabama's statewide median of 0.324% and ranks 58th among the state's 67 counties. Compare it with the national median effective rate of 0.794%, and the difference is stark. Households here earn a median of $48,677, with per-capita income at $28,534. For a buyer weighing where their money goes, the combination of a below-state-average tax rate and home prices well under many national markets means housing costs take a smaller bite out of earnings, freeing up cash for other priorities.