The typical owner-occupied home in Hull is worth about $260,200, 14% below the Georgia median of $303,300 and 22% below the national median of $332,700. The median household earns $43,333 a year, so the median home costs 6.0 times the median income (3.9 times for Georgia). 48% of occupied homes here are lived in by their owners, and 74% of those owners still have a mortgage.
Hull at a glance
| Hull | Georgia | U.S. | |
|---|---|---|---|
| Median home value | $260,200 | $303,300 | $332,700 |
| Median property tax paid per year | – | $2,341 | $3,119 |
| Median household income | $43,333 | $77,353 | $80,734 |
| Homes lived in by their owners | 48% | 66% | 65% |
| Owner homes with a mortgage | 74% | 63% | 61% |
| Median monthly costs, owners with a mortgage | $1,714 | $1,783 | $1,963 |
| Those costs as a share of the owners' income | 41.3% | 20.0% | 21.0% |
| Median rent | $1,114 | $1,393 | $1,413 |
| Rent as a share of renters' income | 35.0% | 31.3% | 30.6% |
| Median year homes were built | 1993 | 1992 | 1980 |
| Vacant homes | 6.1% | 10.3% | 10.1% |
| Population | 832 | 10,940,407 | 334,922,499 |
What a typical home costs per month in Hull
At this week's average 30-year rate of 7.11%, buying the median Hull home of $260,200 with 20% down costs about $1,747 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,181, 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 $74,882 for the 20%-down payment. That payment is 48% of the median Hull household income of $43,333; at that income and 20% down, the 28% guideline points to a home of about $151,000.
The median rent here is $1,114 a month, so owning the median home costs about $633 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $52,040 |
|---|---|
| Loan amount | $208,160 |
| Principal and interest | $1,400 |
| Property taxes (1.10% a year) | $239 |
| Homeowners insurance (our estimate, 0.5% a year) | $108 |
| PMI | $0 |
| Total per month | $1,747 |
Change the numbers in the calculator
| Down payment | $9,107 |
|---|---|
| Loan amount | $255,487 |
| Principal and interest | $1,719 |
| Property taxes (1.10% a year) | $239 |
| Homeowners insurance (our estimate, 0.5% a year) | $108 |
| FHA mortgage insurance | $115 |
| Total per month | $2,181 |
Change the numbers in the calculator
Questions about home buying in Hull
What is the median home value in Hull?
About $260,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Hull?
For the median home with 20% down at 7.11%, the payment is about $1,747 a month. Keeping that under 28% of gross income takes about $74,882 a year.
More about Hull
- Mortgage Refinance in Hull
- Debt Relief in Hull
- Home Equity Loans in Hull
- 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