Property Tax & Income in Pike County, Illinois
Pike County has an effective property tax rate of 1.53%. On the median home value of $101,400, that's roughly $1,556 per year. Median household income is $59,777.
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 | Illinois (state context) |
|---|---|---|
| Effective property tax rate1 | 1.53% | 1.80% |
| Median home value1 | $101,400 | — |
| State income tax3 | top rate 4.95% | top rate 4.95% |
| State sales tax3 | 8.98% combined | 8.98% 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, IL
In Pike County, Illinois, homes sell for a median of $101,400, and the annual property tax bill on such a home comes to about $1,556. That works out to an effective rate of 1.535%, which sits below Illinois's statewide median of 1.804% and ranks the county 79th out of 102. Buyers weighing a move to Griggsville or the surrounding towns will find the combination of lower-than-average home prices and a rate under the state figure keeps carrying costs contained. Households here earn a median of $59,777, with per-capita income at $32,134, so the yearly tax bill equals roughly 2.6% of median household earnings. Nationally, the median effective rate is 0.794%, meaning property taxes take a bigger share here than in much of the country, though the county's below-average home values offset some of that difference.