Property Tax & Income in Pike County, Indiana
Pike County has an effective property tax rate of 0.78%. On the median home value of $154,900, that's roughly $1,206 per year. Median household income is $71,334.
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 | Indiana (state context) |
|---|---|---|
| Effective property tax rate1 | 0.78% | 0.66% |
| Median home value1 | $154,900 | — |
| State income tax3 | top rate 2.95% | top rate 2.95% |
| State sales tax3 | 7.00% combined | 7.00% 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, IN
In Pike County, Indiana, buying a home costs far less than the national norm — the median value sits at $154,900, and the annual property tax bill that comes with it averages $1,206. That works out to an effective rate of 0.779%, which lands just under the national median of 0.794% but above Indiana's statewide figure of 0.657%. Among the state's 92 counties, Pike County ranks 14th for property tax rate. With a median household income of $71,334 and per-capita income of $35,974, the tax bill takes up a smaller share of earnings than you might expect at this rate. Petersburg, the county's largest town, anchors the area. For buyers weighing affordability, the combination of low home prices and a tax burden that stays close to the national average makes this county worth a look.