Property taxes must be paid by year’s end
Published 11:16 pm Thursday, December 20, 2018
With all of the hustle and bustle of the Christmas season, it’s understandable to forget about paying one’s property taxes.
So, Pike County Revenue Commissioner Curtis Blair said, just as a reminder to Pike County property owners, 2018 property taxes are due on December 31, 2018.
“The Pike County Tax Assessor’s Office will be close on Wednesday, January 1, 2019 for New Year’s so there will be no late penalties assessed until after January 1,” Blair said. “Our office will open again on January 2, 2019.”
Blair said the penalty for a late payment is five dollars. Delinquent payments will then be assessed one percent of the amount due each month.
The Pike County Tax Assessor’s Office will be open after Christmas, December 26, 27 and 28 for those who want to avoid the late payment fee.
According to information made available by the 2017 Tax Resource the median property tax in Pike County, Alabama is $320 per year for a home worth the median value of $93,900.
Pike County collects, on average, 0.34 percent of a property’s assessed fair market value as property tax. The county has one of the lowest median property tax rates in the country.
The average yearly property tax paid by Pike County residents amounts to about 0.73 percent of their yearly income. Pike County is ranked 2720th of the 3143 counties for property taxes as a percentage of median income.