Pike County, IN

Comprehensive housing, income, and cost of living data for Pike County, Indiana. Population: 12.2K.

Median Home Price
$213.1K

Based on 5 cities

Median Household Income
$66.3K

Annual household income

Price-to-Income Ratio
3.2x

Moderately affordable

Salary Needed to Buy
$53.7K

30-yr mortgage, 6.5% rate, 20% down

Housing & Finance

Annual Property Tax
$1,044

Average annual amount

Effective Tax Rate
0.49%

Property tax / home value

Monthly Housing Costs
Mortgage (P&I)$1,077
Property Tax$87.00
Insurance$88.77
Total Monthly$1,253
Historical Home Prices
2015
$82.1K
2016
$83.3K
+1.5%%
2017
$89.1K
+7.0%%
2018
$95.8K
+7.5%%
2019
$100.6K
+5.0%%
2020
$115.9K
+15.2%%
2021
$128.8K
+11.2%%
2022
$141.1K
+9.6%%
2023
$148.6K
+5.3%%
2024
$155.0K
+4.3%%
2025
$168.8K
+8.9%%
Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate
3.2%%

Below national average

Population Density
37

People per square mile

Political Lean (2020)
Competitive

R+1

Racial Demographics

White
95.6%
Black
0.3%
Hispanic
1.5%
Asian
0%
Native American
1.3%
Two or More Races
1.3%

Source: Census ACS 2023. Hispanic/Latino ethnicity counted separately from race.

Climate & Environment

Average Temperature
55°F

Annual average

Sunny Days
195

Days per year

Annual Rainfall
48.2"

Inches per year

Natural Disaster Risk
Low Risk

Score: 19/100

Frequently Asked Questions

What is the median home price in Pike County, IN?

The median home price in Pike County, Indiana is $213.1K. The price-to-income ratio is 3.2x, meaning the median home costs 3.2 times the median household income.

What salary do you need to buy a home in Pike County?

Based on a 30-year mortgage at 6.5% with 20% down and the 28% debt-to-income rule, you need approximately $53.7K per year to buy the median home in Pike County, IN. Monthly housing costs break down to $1,077 for mortgage, $87.00 for property tax, and $88.77 for insurance.

What is the property tax rate in Pike County?

The effective property tax rate in Pike County is 0.49%, which comes to approximately $1,044 per year on the median home.

What is the median household income in Pike County?

The median household income in Pike County, Indiana is $66.3K per year, based on Census Bureau American Community Survey data. The unemployment rate is 3.2%%.

Is Pike County a good place to live?

Pike County, Indiana has a population of 12.2K. Housing affordability is strong with a price-to-income ratio of 3.2x. The climate averages 55 degrees F with 195 sunny days per year. Compare Pike County with other areas using our cost of living tools to find the best fit for your budget and lifestyle.