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Pea Ridge CDP, AL

ZIP 35115 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 35115

Median Home Value
$165,800
Median Rent
$636
Affordability Snapshot
$46,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,065/mo PITI).

14%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.1x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

21.7 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 35115 in Pea Ridge CDP, AL, a household would need roughly $46,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,065. That sits below the local median household income ($54,157), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
71.9%+10% vs US avg
x
Vacancy Rate
7.9%-23% vs US avg
x
Broadband Access
86.2%-1% vs US avg
x
4+ Bedrooms
1.6%-89% vs US avg
x
Built Pre-1939
3.1%-76% vs US avg
x
Built Post-2014
0.6%-91% vs US avg
x
Rent Burden >30%
17.2%-65% vs US avg
x
Mortgage-Free
48.3%+26% vs US avg
x
$165,800
Home Value
$636
Rent
1991
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached62.6%
  • 1-unit attached0.2%
  • 2-9 units7.7%
  • 10+ units2.3%
  • Mobile home & other27.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$165,800
Median rent$636
Owner-occupied71.9%
Vacant7.9%
Price-to-income3.1x
Est. income to buy$46,000