Pike Road, AL

Above Avg · 117

Alabama · Population 10,103 · Updated March 2026

$1,615
Median Rent / Month
$121,687
Median Income
$375,000
Median Home Value
$1,713
Owner Costs / Month

Affordability

How far your income goes in Pike Road

15.9%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Alabama

State-level tax rates that affect your costs

5.0%
Income Tax (Top Rate)
4.0%
Sales Tax
0.41%
Property Tax Rate

Estimated Annual Costs

$19,380
Annual Rent
$6,084
State Income Tax
$1,537
Property Tax (est.)

Cost of Living Overview

Pike Road is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 117 (where 100 equals the national median), Pike Road residents can expect to pay median rent of $1,615/month while earning a median household income of $121,687/year.

The median home value in Pike Road, AL is $375,000, with typical monthly owner costs around $1,713 including mortgage, insurance, and taxes. The median rent-to-income ratio of 15.9% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Alabama has a moderate income tax rate of 5.0%. Combined with a 4.0% sales tax rate and 0.41% effective property tax rate, the overall tax environment is a factor in the total cost of living in Pike Road.

Frequently Asked Questions

Common questions about living costs in Pike Road

What is the cost of living in Pike Road, AL?
The cost of living index in Pike Road, AL is 117 (US average = 100). Median monthly rent is $1,615, median household income is $121,687/year, and the median home value is $375,000.
Is Pike Road, AL affordable?
No, Pike Road is more expensive than the national average with a cost index of 117. The rent-to-income ratio is 15.9%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Pike Road, AL?
The median gross rent in Pike Road, AL is $1,615 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $19,380.
What is the median household income in Pike Road?
The median household income in Pike Road, AL is $121,687 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Alabama?
Alabama has a top income tax rate of 5.0%, a sales tax of 4.0%, and an effective property tax rate of 0.41%.