Pike County, Illinois Property Taxes
Median Pike County effective property tax rate: 1.93%, significantly higher than the national median of 1.02%.
Median Pike County home value: $72,180
Median annual Pike County tax bill: $1,317, $1,083 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 Pittsfield or another part of Pike County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Pike County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.93%
Estimate Property Tax Bill
$1,393
$1,293
Property Tax Rates Across Pike County, Illinois
Local government entities set tax rates, and these can vary significantly within Illinois. Annually, each county determines its necessary budget to fund services and divides it by the total value of all taxable property within its jurisdiction. This calculation establishes the property tax rate. Although votes and legislation play a role in setting these rates and budgets, this is essentially the annual procedure.
Below, you can compare Pike County's effective property tax rate to other counties in Illinois or the U.S. median property tax rate. Pike County has a median property tax rate of 1.93%, which is significantly higher than the national median property tax rate of 1.02%. This rate is also more than the national median property tax bill of $2400. In contrast, Chambersburg boasts the highest median tax rate in the state at 2.32%, while Pittsfield has the lowest at 1.79%. Understanding these differences can help property owners make informed decisions about property investments and tax appeals.
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 Taxx Rate
1.93%
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 Illinois Taxx Rate
2.35%
Median Effective United States Tax Rate
0.99%
Property Tax Rates Across Pike County, Illinois
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Barry | 0.98% | 1.61% | 2.05% | 2.43% | 2.75% |
Baylis | 0.84% | 1.47% | 2.10% | 2.30% | 2.63% |
Chambersburg | 1.26% | 1.88% | 2.32% | 2.63% | 2.91% |
Griggsville | 1.29% | 1.77% | 2.30% | 2.67% | 3.13% |
Hull | 0.87% | 1.42% | 1.93% | 2.48% | 2.58% |
Kinderhook | 0.77% | 1.28% | 1.87% | 2.47% | 2.55% |
Milton | 1.16% | 1.53% | 1.92% | 2.64% | 2.65% |
Mount Sterling | N/A | N/A | N/A | N/A | N/A |
Nebo | 0.66% | 1.24% | 1.79% | 2.15% | 2.86% |
New Canton | 0.99% | 1.49% | 2.09% | 2.47% | 2.67% |
New Salem | 0.68% | 1.27% | 1.86% | 2.23% | 2.24% |
Pearl | 0.72% | 1.46% | 2.10% | 2.21% | 2.61% |
Perry | 0.83% | 1.39% | 2.03% | 2.83% | 2.83% |
Pittsfield | 1.02% | 1.45% | 1.79% | 2.05% | 2.25% |
Pleasant Hill | 1.03% | 1.55% | 2.08% | 2.81% | 2.98% |
Rockport | 0.82% | 1.32% | 1.99% | 2.25% | 2.88% |
Source: Ownwell
Property Tax Assessment Values Across Pike County, Illinois
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 assessment office 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.
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 $1,663, with tax bills ranging significantly across the county. Pittsfield has the highest median home price at $86,595.
Median Pike County Assessed Value
$72,180
Median Illinois Assessed Value
$194,700
Median United States Assessed Value
$244,900
Property Tax Assessment Values Across Pike County, Illinois
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Barry | $28,020 | $47,445 | $71,130 | $116,790 | $178,977 |
Baylis | $14,460 | $33,510 | $61,950 | $119,100 | $188,430 |
Chambersburg | $13,014 | $31,410 | $62,970 | $107,460 | $157,866 |
Griggsville | $24,750 | $44,190 | $74,700 | $119,820 | $192,144 |
Hull | $22,302 | $36,675 | $55,680 | $87,210 | $146,292 |
Kinderhook | $21,585 | $41,572 | $66,810 | $101,918 | $167,385 |
Milton | $23,406 | $39,022 | $56,340 | $76,702 | $93,300 |
Mount Sterling | N/A | N/A | N/A | N/A | N/A |
Nebo | $19,002 | $30,960 | $52,560 | $95,880 | $149,142 |
New Canton | $13,158 | $29,370 | $54,000 | $83,115 | $137,643 |
New Salem | $22,752 | $40,500 | $68,520 | $116,550 | $212,148 |
Pearl | $16,101 | $27,705 | $53,580 | $101,512 | $147,510 |
Perry | $14,430 | $28,050 | $47,175 | $73,598 | $93,582 |
Pittsfield | $37,920 | $58,425 | $86,595 | $131,310 | $200,502 |
Pleasant Hill | $27,066 | $40,132 | $64,230 | $98,370 | $147,216 |
Rockport | $21,078 | $35,790 | $63,690 | $112,590 | $173,568 |
Source: Ownwell
Property Tax Bills Across Pike County, Illinois
Median Pike County Tax Bill
$1,317
Median Illinois Tax Bill
$4,715
Median United States Tax Bill
$2,690
Property Tax Bills Across Pike County, Illinois
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Barry | $335 | $749 | $1,394 | $2,535 | $4,092 |
Baylis | $167 | $536 | $1,161 | $2,526 | $3,760 |
Chambersburg | $202 | $555 | $1,295 | $2,506 | $3,687 |
Griggsville | $339 | $910 | $1,663 | $2,863 | $4,550 |
Hull | $235 | $552 | $1,027 | $1,788 | $3,460 |
Kinderhook | $250 | $520 | $1,169 | $2,028 | $3,734 |
Milton | $348 | $624 | $997 | $1,584 | $1,996 |
Mount Sterling | N/A | N/A | N/A | N/A | N/A |
Nebo | $203 | $396 | $834 | $2,003 | $3,074 |
New Canton | $265 | $449 | $1,022 | $1,784 | $2,920 |
New Salem | $299 | $530 | $1,277 | $2,374 | $4,073 |
Pearl | $157 | $427 | $870 | $1,887 | $2,896 |
Perry | $210 | $407 | $857 | $1,440 | $1,974 |
Pittsfield | $499 | $867 | $1,430 | $2,423 | $3,802 |
Pleasant Hill | $339 | $701 | $1,259 | $2,095 | $3,471 |
Rockport | $268 | $536 | $1,087 | $2,187 | $3,936 |
Source: Ownwell