Cost of Living in Pike County, Georgia
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Pike County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Pike County ranks #1,669 of 3,144 counties for affordability (bottom 47%)
Data Story
About Cost of Living in Pike County, Georgia
Pike earns high income, keeps rents low
Pike County's 15.1% rent-to-income ratio ranks among Georgia's best, beating the national standard by staying well below typical affordability thresholds. With median household income reaching $84,184—above the national $74,755—Pike residents enjoy above-average earnings paired with moderate housing costs of $1,056 monthly.
Top-tier affordability in Georgia
Pike County's 15.1% rent-to-income ratio ranks it among Georgia's most affordable counties, significantly below the state's 18.6% average. This combination of higher incomes and controlled rents positions Pike as a housing sweet spot within the state.
Pike leads regional affordability race
Pike County's $1,056 monthly rent and $84,184 income create superior affordability compared to nearby Putnam County ($1,063 rent, $64,163 income). Even Rabun County, with its high home values, can't match Pike's balanced rent-to-income equation at 15.1%.
High income powers Pike's advantage
Pike residents earning $84,184 annually allocate just 15.1% to $1,056 rent, while homeowners spend $1,206 monthly on $265,700 median homes. This income-to-cost ratio means Pike offers genuine buying power: homeownership remains accessible without overwhelming monthly payments.
Pike County attracts earners seeking value
Moving to Pike? You'll find above-average incomes paired with below-average rent-to-income ratios—a rare combination in Georgia's housing market. Compare Pike's 15.1% ratio against state average 18.6% to see how relocating here protects your paycheck.
Cost of Living Advisory: Pike County
Affordability Verdict
Pike County is affordable for renters, with a median gross rent of $1,056/month representing approximately 15.1% of median household income. The rent burden (GRAPI) stands at 26.0%.
Rent vs. Own
Renters in Pike County pay $1,056/month on average, compared to $1,206/month for homeowners. This market favors renters by about 12%.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $42,240/year. For owner costs at the 28% rule, the required income is roughly $51,686/year. With a median household income of $84,184, most households can comfortably afford rent here. Notably, 26.0% of renter households in Pike County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Pike County sits 5% more expensive than Lowndes County ($1,002/month) in terms of median gross rent.
Affordability Calculator
See how your income compares to housing costs in Pike County
Rent Burden
15.1%
of gross income
Max Housing (28% Rule)
$1,964
per month
Owner Cost Burden
17.2%
of gross income
The median home in Pike County may be a stretch
Median home value is $265,700. Estimated monthly cost: $2,121 vs. your max of $1,964.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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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 (2019-2023) — Informational only. Not financial or legal advice.
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