Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Pearson area can be challenging. Home prices in Pearson are now at a median cost of $212,257, lower than the Alabama average of $228,911.
The average cost of rent is $1,202/mo in Pearson, primarily driven by the current value of real estate in the Pearson area. In Pearson, 10.70% of households rent, and 57.26% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Pearson is $6,330 per month. Households that rent pay about 18.98% of their income on rent here. Pearson’s most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Eoline, AL: equally priced homes
- Hagler, AL: equally priced homes
- Vernontown, AL: less expensive homes
- Ellards, AL: less expensive homes
- Pondville, AL: less expensive homes
- Brent, AL: less expensive homes
- Centreville, AL: less expensive homes
- Coaling, AL: equally priced homes
- Fairdale, AL: less expensive homes
- Howton, AL: equally priced homes
Cities with Similar Populations
- Standley, OH: less expensive homes
- Spaulding, IA: higher priced homes
- Speedwell, NC: equally priced homes
- St. John, ME: less expensive homes
- St. Joseph, OR: higher priced homes
- St. Marks, FL: higher priced homes
- St. Maurice, IN: higher priced homes
- St. Nicholas, MI: less expensive homes
- St. Peter, WI: higher priced homes
- St. Xavier, MT: equally priced homes
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