The typical owner-occupied home in Cullen is worth about $69,400, 68% below the Louisiana median of $216,500 and 79% below the national median of $332,700. The median household earns $21,607 a year, so the median home costs 3.2 times the median income (3.6 times for Louisiana). 53% of occupied homes here are lived in by their owners, and 18% of those owners still have a mortgage.
Cullen at a glance
| Cullen | Louisiana | U.S. | |
|---|---|---|---|
| Median home value | $69,400 | $216,500 | $332,700 |
| Median property tax paid per year | – | $1,180 | $3,119 |
| Median household income | $21,607 | $60,756 | $80,734 |
| Homes lived in by their owners | 53% | 67% | 65% |
| Owner homes with a mortgage | 18% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $720 | $1,604 | $1,963 |
| Those costs as a share of the owners' income | 14.7% | 20.4% | 21.0% |
| Median rent | $698 | $1,064 | $1,413 |
| Rent as a share of renters' income | 44.6% | 32.8% | 30.6% |
| Median year homes were built | 1972 | 1983 | 1980 |
| Vacant homes | 34.0% | 14.4% | 10.1% |
| Population | 758 | 4,611,961 | 334,922,499 |
What a typical home costs per month in Cullen
At this week's average 30-year rate of 7.11%, buying the median Cullen home of $69,400 with 20% down costs about $466 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $582, 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 $19,972 for the 20%-down payment. That payment is 26% of the median Cullen household income of $21,607; at that income and 20% down, the 28% guideline points to a home of about $75,000.
The median rent here is $698 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $13,880 |
|---|---|
| Loan amount | $55,520 |
| Principal and interest | $373 |
| Property taxes (1.10% a year) | $64 |
| Homeowners insurance (our estimate, 0.5% a year) | $29 |
| PMI | $0 |
| Total per month | $466 |
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| Down payment | $2,429 |
|---|---|
| Loan amount | $68,143 |
| Principal and interest | $458 |
| Property taxes (1.10% a year) | $64 |
| Homeowners insurance (our estimate, 0.5% a year) | $29 |
| FHA mortgage insurance | $31 |
| Total per month | $582 |
Change the numbers in the calculator
Questions about home buying in Cullen
What is the median home value in Cullen?
About $69,400 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 Cullen?
For the median home with 20% down at 7.11%, the payment is about $466 a month. Keeping that under 28% of gross income takes about $19,972 a year.
More about Cullen
- Mortgage Refinance in Cullen
- Debt Relief in Cullen
- Home Equity Loans in Cullen
- 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