Pike County, Alabama Property Taxes

Name: Property Tax Bills Across Pike County, Alabama
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Pike County effective property tax rate: 0.35%, significantly lower than the national median of 1.02%.
Median Pike County home value: $106,920
Median annual Pike County tax bill: $420, $1,980 lower than the national median property tax bill of $2,400.

How are property taxes in Pike County calculated?

Property taxes in Pike County are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Troy or another part of Pike County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Pike County, Alabama Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.35%

Estimate Property Tax Bill

$374

$347

Ownwell’s Pike County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Pike County with just two data points. By entering your property's estimated assessed value, our calculator applies Pike County’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Pike County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Pike County, Alabama

Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Pike County's effective property tax rate to other counties in Alabama or the U.S. median property tax rate. Pike County has an effective property tax rate of 0.35%, significantly lower than the national median property tax rate of 1.02%. This means homeowners in Pike County pay less in property taxes compared to the average American homeowner. For residents looking to appeal their property tax assessments, understanding these rates is crucial. Lower rates can offer relief, but it’s essential to ensure that property assessments are accurate to avoid overpaying. By staying informed and proactive, property owners in Pike County can optimize their tax savings and contribute fairly to the community’s budget needs.

Property Tax Rates Across Pike County, Alabama

Source: Ownwell

0.23%

0.30%

0.37%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Pike County Tax Rate

0.35%

Median Effective Alabama Tax Rate

0.47%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Pike County, Alabama

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Banks	0.14%	0.23%	0.30%	0.35%	0.68%
Brundidge	0.20%	0.28%	0.37%	0.47%	0.91%
Glenwood	0.14%	0.20%	0.27%	0.34%	0.67%
Goshen	0.16%	0.23%	0.30%	0.35%	0.68%
Luverne	0.12%	0.17%	0.23%	0.31%	0.36%
Ramer	0.13%	0.17%	0.26%	0.33%	0.38%
Troy	0.23%	0.30%	0.36%	0.44%	0.76%

Source: Ownwell

Property Tax Assessment Values Across Pike County, Alabama

When examining property taxes in Pike County, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Pike County Revenue Commission estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

Assessment notices:

In Pike County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Pike County. For example, the median tax bill in Pike County is $518, with tax bills ranging significantly across the county. Troy has the highest median home price at $126,430.

Property Tax Assessment Values Across Pike County, Alabama

Source: Ownwell

$57,720

$102,410

$147,100

Median Pike County Market Value

$106,920

Median Alabama Market Value

$149,600

Median United States Market Value

$235,294

Property Tax Assessment Values Across Pike County, Alabama

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Banks	$29,560	$56,010	$97,000	$159,630	$250,644
Brundidge	$18,490	$39,980	$66,930	$111,995	$194,646
Glenwood	$23,000	$39,305	$66,140	$137,770	$254,522
Goshen	$26,000	$43,820	$77,570	$134,105	$235,236
Luverne	$19,780	$29,450	$81,130	$125,485	$259,496
Ramer	$24,540	$33,100	$57,720	$104,315	$178,286
Troy	$33,394	$64,475	$126,430	$193,745	$270,920

Source: Ownwell

Property Tax Bills Across Pike County, Alabama

In Pike County, Alabama, property tax bills are determined by assessing the property's value and applying the local tax rate. The median home price in the county is $106,920, which significantly impacts the tax bill calculation. Homeowners in this region experience a median tax bill of $518, specifically in the city of Troy, indicating a relatively low burden compared to the national median property tax bill of $2,400. Meanwhile, Ramer records the lowest median tax bill at $167. Factors influencing the property tax bill include the assessed value of the home and any applicable exemptions or deductions. For instance, a homeowner in the 25th percentile might pay around $191, while those in the 75th and 90th percentiles might see bills of $725 and $1,071, respectively. Understanding these factors is crucial for homeowners as they can significantly affect annual financial planning and homeownership costs. The property tax rate in Pike County is considerably lower than the national median rate of 1.02%, offering some relief to local homeowners.

Property Tax Bills Across Pike County, Alabama

Source: Ownwell

$167

$366

$565

Median Pike County Tax Bill

$420

Median Alabama Tax Bill

$717

Median United States Tax Bill

$2,400

Property Tax Bills Across Pike County, Alabama

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Banks	$74	$157	$293	$492	$775
Brundidge	$65	$139	$260	$438	$686
Glenwood	$53	$95	$218	$470	$724
Goshen	$65	$123	$249	$444	$813
Luverne	$36	$68	$172	$349	$565
Ramer	$32	$53	$167	$350	$458
Troy	$104	$240	$518	$809	$1,158

Source: Ownwell