Cost of Living in Pike County, Alabama
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Pike County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Pike County ranks #1,432 of 3,142 counties for affordability (top 46%)
Sourced county brief
Pike County Official GRAPI Reported at 33.3%
The official median gross rent as a percentage of household income (GRAPI) in Pike County was 33.3%. This canonical rent-to-income percentage is 4.7 percentage points higher than the Alabama unweighted county mean official GRAPI of 28.6%. Median gross rent was $856 per month, which is $36 above the state unweighted county mean of $820. The median home value was estimated at $157,600, while the state unweighted county mean was $159,660. For owner-occupied housing, the median selected monthly owner costs were $802, compared to the state unweighted county mean of $706. Renter-household median income was $29,826, and the median income for all households was $48,677. These snapshot data points are from the U.S. Census Bureau ACS 2020-2024 5-Year Estimates. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Pike County
Affordability Verdict
ACS B25071 estimates median gross rent at 33.3% of renter household income in Pike County, which is between the 30% and 50% rent-burden benchmarks. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $856 per month; median selected monthly owner costs are $802. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $34,240 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The Alabama unweighted mean of county median rents is $820 per month. Pike County's $856 median is 4.4% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Pike County
Rent Burden
21.1%
of gross income
Max Housing (28% Rule)
$1,136
per month
Owner Cost Burden
19.8%
of gross income
The median home in Pike County may be a stretch
Median home value is $157,600. Estimated monthly cost: $1,258 vs. your max of $1,136.
Rent Affordability Guide
Income Needed Calculator
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
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