The typical owner-occupied home in Pine Level is worth about $240,300, 14% above the Alabama median of $209,900 and 28% below the national median of $332,700. Owners pay a median $633 a year in property taxes, about 0.26% of their home's value, lower than the Alabama rate of 0.38%. The median household earns $93,134 a year, so the median home costs 2.6 times the median income (3.3 times for Alabama). 97% of occupied homes here are lived in by their owners, and 65% of those owners still have a mortgage.
Pine Level at a glance
| Pine Level | Alabama | U.S. | |
|---|---|---|---|
| Median home value | $240,300 | $209,900 | $332,700 |
| Median property tax paid per year | $633 | $788 | $3,119 |
| Property tax as a share of value | 0.26% | 0.38% | 0.94% |
| Median household income | $93,134 | $63,999 | $80,734 |
| Homes lived in by their owners | 97% | 70% | 65% |
| Owner homes with a mortgage | 65% | 54% | 61% |
| Median monthly costs, owners with a mortgage | $1,538 | $1,433 | $1,963 |
| Those costs as a share of the owners' income | 18.5% | 19.0% | 21.0% |
| Median rent | – | $1,007 | $1,413 |
| Median year homes were built | 2003 | 1986 | 1980 |
| Vacant homes | 9.4% | 14.5% | 10.1% |
| Population | 4,170 | 5,086,768 | 334,922,499 |
What a typical home costs per month in Pine Level
At this week's average 30-year rate of 7.11%, buying the median Pine Level home of $240,300 with 20% down costs about $1,445 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,846, 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 $61,946 for the 20%-down payment. That payment is 19% of the median Pine Level household income of $93,134; at that income and 20% down, the 28% guideline points to a home of about $361,000.
| Down payment | $48,060 |
|---|---|
| Loan amount | $192,240 |
| Principal and interest | $1,293 |
| Property taxes (0.26% a year) | $52 |
| Homeowners insurance (our estimate, 0.5% a year) | $100 |
| PMI | $0 |
| Total per month | $1,445 |
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| Down payment | $8,410 |
|---|---|
| Loan amount | $235,948 |
| Principal and interest | $1,587 |
| Property taxes (0.26% a year) | $52 |
| Homeowners insurance (our estimate, 0.5% a year) | $100 |
| FHA mortgage insurance | $106 |
| Total per month | $1,846 |
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Questions about home buying in Pine Level
What is the median home value in Pine Level?
About $240,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Pine Level?
Homeowners pay a median $633 a year, which is about 0.26% 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 Pine Level?
For the median home with 20% down at 7.11%, the payment is about $1,445 a month. Keeping that under 28% of gross income takes about $61,946 a year.
More about Pine Level
- Mortgage Refinance in Pine Level
- Debt Relief in Pine Level
- Home Equity Loans in Pine Level
- 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