Cost of Living in Pike County, Ohio
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
Data Story
About Cost of Living in Pike County, Ohio
Pike stretches renters' budgets beyond comfort
Pike County's 20.2% rent-to-income ratio significantly exceeds the national norm, driven by a median household income of just $49,552—33% below the national median of $74,755. For Pike renters, housing consumes a larger share of already-modest earnings than most Americans face.
Ohio's least affordable county here
Pike's 20.2% rent-to-income ratio ranks among Ohio's worst, standing 4.6 percentage points above the state average of 15.6%. The county's low median income, not low rents, drives this affordability crisis—a structural income challenge rather than a market excess.
Lowest rent, lowest income too
Pike's $833 median rent is the cheapest among these eight counties, but residents earn far less than neighbors like Pickaway ($72,927) and Putnam ($82,785). While Pike's rental costs are bargain-basement, its $49,552 median income makes even cheap rent feel expensive.
Income shortfall drives affordability strain
Pike renters pay $833 monthly on incomes averaging $49,552 annually, dedicating 20.2% to rent alone—nearly at the federal threshold for cost-burden. Homebuyers face $759 monthly payments, consuming 18.4% of income, leaving tight margins for other necessities.
Consider Pike carefully if wages matter
Pike offers some of Ohio's lowest rents, but the county's income levels suggest limited job markets compared to higher-earning neighbors. If you're relocating for work, compare Pike's wage opportunities against more affluent counties like Putnam or Pickaway before committing.
Affordability Calculator
See how your income compares to housing costs in Pike County
Rent Burden
20.2%
of gross income
Max Housing (28% Rule)
$1,156
per month
Owner Cost Burden
18.4%
of gross income
The median home in Pike County may be a stretch
Median home value is $148,500. Estimated monthly cost: $1,186 vs. your max of $1,156.
Rent Affordability Guide
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.