The typical owner-occupied home in Culloden is worth about $185,700, 39% below the Georgia median of $303,300 and 44% below the national median of $332,700. Owners pay a median $1,164 a year in property taxes, about 0.63% of their home's value, lower than the Georgia rate of 0.77%. The median household earns $121,000 a year, so the median home costs 1.5 times the median income (3.9 times for Georgia). 89% of occupied homes here are lived in by their owners, and 41% of those owners still have a mortgage.
Culloden at a glance
| Culloden | Georgia | U.S. | |
|---|---|---|---|
| Median home value | $185,700 | $303,300 | $332,700 |
| Median property tax paid per year | $1,164 | $2,341 | $3,119 |
| Property tax as a share of value | 0.63% | 0.77% | 0.94% |
| Median household income | $121,000 | $77,353 | $80,734 |
| Homes lived in by their owners | 89% | 66% | 65% |
| Owner homes with a mortgage | 41% | 63% | 61% |
| Median monthly costs, owners with a mortgage | $1,536 | $1,783 | $1,963 |
| Those costs as a share of the owners' income | 12.2% | 20.0% | 21.0% |
| Median rent | $938 | $1,393 | $1,413 |
| Median year homes were built | 1938 | 1992 | 1980 |
| Vacant homes | 40.2% | 10.3% | 10.1% |
| Population | 428 | 10,940,407 | 334,922,499 |
What a typical home costs per month in Culloden
At this week's average 30-year rate of 7.11%, buying the median Culloden home of $185,700 with 20% down costs about $1,174 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,484, 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 $50,325 for the 20%-down payment. That payment is 12% of the median Culloden household income of $121,000; at that income and 20% down, the 28% guideline points to a home of about $446,000.
The median rent here is $938 a month, so owning the median home costs about $236 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $37,140 |
|---|---|
| Loan amount | $148,560 |
| Principal and interest | $999 |
| Property taxes (0.63% a year) | $97 |
| Homeowners insurance (our estimate, 0.5% a year) | $77 |
| PMI | $0 |
| Total per month | $1,174 |
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| Down payment | $6,500 |
|---|---|
| Loan amount | $182,337 |
| Principal and interest | $1,227 |
| Property taxes (0.63% a year) | $97 |
| Homeowners insurance (our estimate, 0.5% a year) | $77 |
| FHA mortgage insurance | $82 |
| Total per month | $1,484 |
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Questions about home buying in Culloden
What is the median home value in Culloden?
About $185,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Culloden?
Homeowners pay a median $1,164 a year, which is about 0.63% 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 Culloden?
For the median home with 20% down at 7.11%, the payment is about $1,174 a month. Keeping that under 28% of gross income takes about $50,325 a year.
More about Culloden
- Mortgage Refinance in Culloden
- Debt Relief in Culloden
- Home Equity Loans in Culloden
- 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