The typical owner-occupied home in Cerulean is worth about $103,600, 50% below the Kentucky median of $205,600 and 69% below the national median of $332,700. The median household earns $60,096 a year, so the median home costs 1.7 times the median income (3.2 times for Kentucky). 57% of occupied homes here are lived in by their owners, and 48% of those owners still have a mortgage.
Cerulean at a glance
| Cerulean | Kentucky | U.S. | |
|---|---|---|---|
| Median home value | $103,600 | $205,600 | $332,700 |
| Median property tax paid per year | – | $1,544 | $3,119 |
| Median household income | $60,096 | $63,726 | $80,734 |
| Homes lived in by their owners | 57% | 68% | 65% |
| Owner homes with a mortgage | 48% | 56% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,433 | $1,963 |
| Median rent | – | $967 | $1,413 |
| Median year homes were built | 1975 | 1982 | 1980 |
| Vacant homes | 0.0% | 10.3% | 10.1% |
| Population | 263 | 4,534,824 | 334,922,499 |
What a typical home costs per month in Cerulean
At this week's average 30-year rate of 7.11%, buying the median Cerulean home of $103,600 with 20% down costs about $696 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $868, 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 $29,814 for the 20%-down payment. That payment is 14% of the median Cerulean household income of $60,096; at that income and 20% down, the 28% guideline points to a home of about $209,000.
| Down payment | $20,720 |
|---|---|
| Loan amount | $82,880 |
| Principal and interest | $558 |
| Property taxes (1.10% a year) | $95 |
| Homeowners insurance (our estimate, 0.5% a year) | $43 |
| PMI | $0 |
| Total per month | $696 |
Change the numbers in the calculator
| Down payment | $3,626 |
|---|---|
| Loan amount | $101,724 |
| Principal and interest | $684 |
| Property taxes (1.10% a year) | $95 |
| Homeowners insurance (our estimate, 0.5% a year) | $43 |
| FHA mortgage insurance | $46 |
| Total per month | $868 |
Change the numbers in the calculator
Questions about home buying in Cerulean
What is the median home value in Cerulean?
About $103,600 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 Cerulean?
For the median home with 20% down at 7.11%, the payment is about $696 a month. Keeping that under 28% of gross income takes about $29,814 a year.
More about Cerulean
- Mortgage Refinance in Cerulean
- Debt Relief in Cerulean
- Home Equity Loans in Cerulean
- 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