Pike County, Ohio Property Taxes

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

Median Pike County effective property tax rate: 1.23%, significantly higher than the national median of 1.02%.

Median Pike County home value: $47,540.

Median annual Pike County tax bill: $512, $1,888 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 Waverly or another part of Pike County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Pike County, Ohio Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.23%

Estimate Property Tax Bill

$585

$543

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, Ohio

Local government entities set tax rates, which can vary widely within a state. This is because 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 Ohio or the U.S. median property tax rate.

Property Tax Rates Across Pike County, Ohio

Source: Ownwell

1.14%

1.25%

1.37%

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

1.23%

Median Effective Ohio Tax Rate

1.80%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Pike County, Ohio

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Bainbridge	0.53%	1.03%	1.17%	1.21%	1.27%
Beaver	0.77%	1.12%	1.17%	1.35%	1.53%
Chillicothe	0.97%	1.35%	1.37%	1.38%	1.43%
Hillsboro	0.62%	0.94%	1.14%	1.17%	1.20%
Latham	0.52%	1.11%	1.14%	1.14%	1.17%
Lucasville	0.60%	1.07%	1.15%	1.18%	1.24%
Otway	1.15%	1.15%	1.18%	1.18%	1.18%
Peebles	0.75%	1.11%	1.14%	1.18%	1.21%
Piketon	0.78%	1.11%	1.15%	1.36%	1.40%
Rarden	0.47%	0.88%	1.16%	1.22%	1.24%
Waverly	0.95%	1.22%	1.35%	1.44%	1.46%
Cynthiana	N/A	N/A	N/A	N/A	N/A
Jasper	N/A	N/A	N/A	N/A	N/A
Middle River	N/A	N/A	N/A	N/A	N/A
Wakefield	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Pike County, Ohio

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 Auditor 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 $813, with tax bills ranging significantly across the county. Hillsboro has the highest median home price at $76,010.

Property Tax Assessment Values Across Pike County, Ohio

Source: Ownwell

$21,305

$48,658

$76,010

Median Pike County Market Value

$47,540

Median Ohio Market Value

$133,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Pike County, Ohio

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Bainbridge	$2,634	$10,910	$38,120	$97,625	$182,640
Beaver	$2,525	$8,820	$45,790	$103,858	$173,615
Chillicothe	$4,968	$19,925	$44,795	$108,352	$152,507
Hillsboro	$3,940	$16,380	$76,010	$148,610	$237,450
Latham	$1,996	$7,000	$27,370	$74,920	$140,724
Lucasville	$2,155	$8,445	$32,340	$90,880	$147,650
Otway	$4,410	$7,205	$21,305	$34,532	$66,375
Peebles	$2,300	$6,860	$22,405	$68,210	$122,270
Piketon	$1,926	$8,200	$37,950	$99,310	$166,554
Rarden	$2,292	$7,060	$40,250	$126,270	$166,092
Waverly	$3,482	$14,355	$64,170	$104,082	$166,646
Cynthiana	N/A	N/A	N/A	N/A	N/A
Jasper	N/A	N/A	N/A	N/A	N/A
Middle River	N/A	N/A	N/A	N/A	N/A
Wakefield	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Pike County, Ohio

In Pike County, OH, property tax bills are calculated based on the assessed value of a home, which is a percentage of the property's market value. The median home price in Pike County is $47,540, which is significantly lower than the national median. This lower home value contributes to a more affordable property tax bill for homeowners in the area. The property tax bill can vary widely within the county, with the 25th percentile at $113 and the 90th percentile reaching $1,911. Cities within Pike County, such as Waverly, have the highest median tax bill at $813, while Latham has the lowest at $230. These figures highlight the disparity in tax bills across different areas within the county. Homeowners should be aware of how property taxes are determined, as they play a crucial role in their annual financial planning. Understanding these factors can help homeowners anticipate their tax obligations and manage their budgets more effectively.

Property Tax Bills Across Pike County, Ohio

Source: Ownwell

$230

$522

$813

Median Pike County Tax Bill

$512

Median Ohio Tax Bill

$2,396

Median United States Tax Bill

$2,400

Property Tax Bills Across Pike County, Ohio

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Bainbridge	$25	$102	$393	$1,064	$1,999
Beaver	$35	$113	$510	$1,159	$1,833
Chillicothe	$66	$258	$611	$1,254	$2,106
Hillsboro	$46	$167	$702	$1,444	$2,201
Latham	$21	$75	$230	$696	$1,417
Lucasville	$31	$82	$344	$940	$1,539
Otway	$51	$87	$249	$359	$762
Peebles	$31	$67	$245	$674	$1,266
Piketon	$28	$96	$399	$1,115	$1,889
Rarden	$35	$81	$463	$1,072	$1,589
Waverly	$39	$169	$813	$1,351	$2,109
Cynthiana	N/A	N/A	N/A	N/A	N/A
Jasper	N/A	N/A	N/A	N/A	N/A
Middle River	N/A	N/A	N/A	N/A	N/A
Wakefield	N/A	N/A	N/A	N/A	N/A

Source: Ownwell