Piketon, Pike County, Ohio Property Taxes

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

Median Piketon, OH effective property tax rate: 1.15%, significantly higher than the national median of 1.02%, but lower than the Ohio state median of 1.80%.
Median Piketon, OH home value: $37,950
Median annual Piketon, OH tax bill: $399, $2,001 lower than the national median property tax bill of $2,400.

How are property taxes in Pike calculated?

Property taxes in Piketon, OH 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 Piketon’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Piketon, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Piketon, Pike County, Ohio Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.15%

Estimate Property Tax Bill

$436

$405

Ownwell’s Piketon Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Piketon with just two data points. By entering your property's estimated assessed value, our calculator applies Piketon’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 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 Piketon, Pike County, Ohio

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 Piketon’s effective property tax rate to other cities in Ohio and the median property tax rates in Ohio and the U.S.

Piketon, located in Pike County, has an effective property tax rate of 1.15%, aligning with the county's median rate. This rate is notably higher than the national median property tax rate of 1.02%. The consistency in Piketon’s rate across various zip codes within the county reflects a uniform approach to property tax assessment. Despite the higher rate compared to the national average, it remains competitive within the state of Ohio. Understanding these rates can help homeowners in Piketon make informed decisions about property investments and financial planning.

Property Tax Rates Across Piketon, 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 Piketon Tax Rate

1.15%

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 Piketon, Pike County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
45661	0.78%	1.11%	1.15%	1.36%	1.40%

Source: Ownwell

Property Tax Assessment Values Across Piketon, Pike County, Ohio

When examining property taxes in Piketon, Ohio, 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 appraisal district 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 Piketon.

For example, the median home price in Piketon is $37,950, with tax bills ranging significantly across the county. Zip code 45661 has the highest median home price at $37,950.

Property Tax Assessment Values Across Piketon, Pike County, Ohio

Source: Ownwell

$21,305

$48,658

$76,010

Median Piketon Market Value

$37,950

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 Piketon, Pike County, Ohio

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
45661	$1,926	$8,200	$37,950	$99,310	$166,554

Source: Ownwell

Property Tax Bills Across Piketon, Pike County, Ohio

In Piketon, Ohio, property tax bills are determined by assessing the property's value and applying the local tax rate. The county evaluates the market value of homes, which is then multiplied by the local tax rate to calculate the tax bill. With a median home price of $37,950, homeowners in Piketon face property tax bills that can vary significantly. The 25th percentile tax bill is $96, while the 75th percentile reaches $1,115, and the 90th percentile climbs to $1,889. These figures highlight the variability in tax obligations depending on property value and location within the city. Despite having a median tax bill of $399, which is below the national median of $2,400, homeowners can still benefit from ensuring they are not over-assessed. Ownwell offers expert property tax appeal services, helping homeowners potentially lower their tax obligations. By reviewing assessments and identifying discrepancies, Ownwell can assist in reducing property tax bills, providing substantial savings for homeowners in Piketon.

Property Tax Bills Across Piketon, Pike County, Ohio

Source: Ownwell

$230

$522

$813

Median Piketon Tax Bill

$399

Median Pike County Tax Bill

$512

Median Ohio Tax Bill

$2,396

Median United States Tax Bill

$2,400

Property Tax Bills Across Piketon, Pike County, Ohio

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
45661	$28	$96	$399	$1,115	$1,889

Source: Ownwell