The typical owner-occupied home in Pleasant Grove is worth about $226,400, 8% above the Alabama median of $209,900 and 32% below the national median of $332,700. Owners pay a median $1,380 a year in property taxes, about 0.61% of their home's value, higher than the Alabama rate of 0.38%. The median household earns $70,317 a year, so the median home costs 3.2 times the median income (3.3 times for Alabama). 79% of occupied homes here are lived in by their owners, and 70% of those owners still have a mortgage.
Pleasant Grove at a glance
| Pleasant Grove | Alabama | U.S. | |
|---|---|---|---|
| Median home value | $226,400 | $209,900 | $332,700 |
| Median property tax paid per year | $1,380 | $788 | $3,119 |
| Property tax as a share of value | 0.61% | 0.38% | 0.94% |
| Median household income | $70,317 | $63,999 | $80,734 |
| Homes lived in by their owners | 79% | 70% | 65% |
| Owner homes with a mortgage | 70% | 54% | 61% |
| Median monthly costs, owners with a mortgage | $1,456 | $1,433 | $1,963 |
| Those costs as a share of the owners' income | 20.8% | 19.0% | 21.0% |
| Median rent | $1,400 | $1,007 | $1,413 |
| Rent as a share of renters' income | 27.4% | 29.5% | 30.6% |
| Median year homes were built | 1983 | 1986 | 1980 |
| Vacant homes | 7.5% | 14.5% | 10.1% |
| Population | 9,442 | 5,086,768 | 334,922,499 |
What a typical home costs per month in Pleasant Grove
At this week's average 30-year rate of 7.11%, buying the median Pleasant Grove home of $226,400 with 20% down costs about $1,428 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,805, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $61,193 for the 20%-down payment. That payment is 24% of the median Pleasant Grove household income of $70,317; at that income and 20% down, the 28% guideline points to a home of about $260,000.
The median rent here is $1,400 a month, so owning the median home costs about $28 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $45,280 |
|---|---|
| Loan amount | $181,120 |
| Principal and interest | $1,218 |
| Property taxes (0.61% a year) | $115 |
| Homeowners insurance (our estimate, 0.5% a year) | $94 |
| PMI | $0 |
| Total per month | $1,428 |
Change the numbers in the calculator
| Down payment | $7,924 |
|---|---|
| Loan amount | $222,299 |
| Principal and interest | $1,495 |
| Property taxes (0.61% a year) | $115 |
| Homeowners insurance (our estimate, 0.5% a year) | $94 |
| FHA mortgage insurance | $100 |
| Total per month | $1,805 |
Change the numbers in the calculator
Questions about home buying in Pleasant Grove
What is the median home value in Pleasant Grove?
About $226,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Pleasant Grove?
Homeowners pay a median $1,380 a year, which is about 0.61% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Pleasant Grove?
For the median home with 20% down at 7.11%, the payment is about $1,428 a month. Keeping that under 28% of gross income takes about $61,193 a year.
More about Pleasant Grove
- Mortgage Refinance in Pleasant Grove
- Debt Relief in Pleasant Grove
- Home Equity Loans in Pleasant Grove
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data