Pike County, Alabama
Income Data
At a Glance
How Pike County Compares
Detailed Income Statistics
Data Story
About Household Income in Pike County, Alabama
Pike earns 36% below national level
Pike County's median household income of $47,961 trails the U.S. median of $74,755 by $26,794 annually. This significant gap reflects economic challenges common across rural and post-industrial Alabama, though Pike performs better than several regional peers.
Below state median, but functional
Pike's median household income of $47,961 falls 12% short of Alabama's state median of $54,196, placing it in Alabama's lower-middle income band. Per capita income of $27,762 also trails the state average of $29,701, though the gap is modest.
Pike ranks middle in the region
Pike's $47,961 income beats Pickens ($47,014), Monroe ($40,225), and Perry ($34,368), but falls short of Randolph ($51,551), Montgomery ($58,153), and Mobile ($58,119). Pike occupies the lower-middle tier of this eight-county group.
Housing costs pinch tight budgets
Pike's rent-to-income ratio of 21.4% means households dedicate over one-fifth of income to housing alone, leaving limited room for savings. Median home values of $149,000 are manageable but require financial discipline given the $47,961 median household income.
Balance housing and financial goals
Pike households should target housing costs at or below 28% of gross income to preserve 15-20% for other financial priorities. Once housing is stabilized, even modest contributions to retirement accounts and emergency savings—starting at $50-100 monthly—establish the habit and discipline of wealth-building.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Pike County median
County median: $47,961 per year
vs. County Median
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vs. State Average
-12%
vs. National Median
-36%
Income Adequacy
Your monthly income ($3,997) vs. median rent ($855/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.