Housing costs in Pike Road?
A typical home costs
$390,500, which is 15.5% more expensive than the national average of
$338,100 and 82.5% more expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Pike Road costs
$1,340 per month, which is 6.3% cheaper than the national average of
$1,430 and 29.9% more than the state average of
$940.
Can I afford Pike Road?
To live comfortably in Pike Road, Alabama, a minimum annual income of
$74,880 for a family, and
$44,800 for a single person is recommended.
What does A.I. say about Pike Road?
Pike Road, AL is a great place to live with a low cost of living. The cost of goods and services are often much lower than other cities in the area, allowing its residents to stretch their dollar further. The median home value is just over $200,000, significantly less than many other areas around the country. Additionally, the average household income in Pike Road is nearly $76,000, which helps make the cost of living more appealing. Property taxes are also relatively low compared to other places in Alabama. All in all, Pike Road provides an affordable option for those looking to settle down and find a good balance between lifestyle and finances.