The typical owner-occupied home in Culebra Municipio is worth about $104,300, 21% below the Puerto Rico median of $131,500 and 69% below the national median of $332,700. Owners pay a median $486 a year in property taxes, about 0.47% of their home's value, lower than the Puerto Rico rate of 0.49%. The median household earns $29,630 a year, so the median home costs 3.5 times the median income (5.0 times for Puerto Rico). 67% of occupied homes here are lived in by their owners, and 11% of those owners still have a mortgage.
Culebra Municipio at a glance
| Culebra Municipio | Puerto Rico | U.S. | |
|---|---|---|---|
| Median home value | $104,300 | $131,500 | $332,700 |
| Median property tax paid per year | $486 | $646 | $3,119 |
| Property tax as a share of value | 0.47% | 0.49% | 0.94% |
| Median household income | $29,630 | $26,297 | $80,734 |
| Homes lived in by their owners | 67% | 68% | 65% |
| Owner homes with a mortgage | 11% | 37% | 61% |
| Median monthly costs, owners with a mortgage | $1,258 | $946 | $1,963 |
| Those costs as a share of the owners' income | 42.4% | 24.1% | 21.0% |
| Median rent | $528 | $578 | $1,413 |
| Rent as a share of renters' income | 25.9% | 30.4% | 30.6% |
| Median year homes were built | 1996 | 1979 | 1980 |
| Vacant homes | 66.0% | 21.0% | 10.1% |
| Population | 1,387 | 3,234,309 | 334,922,499 |
What a typical home costs per month in Culebra Municipio
At this week's average 30-year rate of 7.11%, buying the median Culebra Municipio home of $104,300 with 20% down costs about $646 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $819, 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 $27,669 for the 20%-down payment. That payment is 26% of the median Culebra Municipio household income of $29,630; at that income and 20% down, the 28% guideline points to a home of about $112,000.
The median rent here is $528 a month, so owning the median home costs about $118 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $20,860 |
|---|---|
| Loan amount | $83,440 |
| Principal and interest | $561 |
| Property taxes (0.47% a year) | $41 |
| Homeowners insurance (our estimate, 0.5% a year) | $43 |
| PMI | $0 |
| Total per month | $646 |
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| Down payment | $3,650 |
|---|---|
| Loan amount | $102,411 |
| Principal and interest | $689 |
| Property taxes (0.47% a year) | $41 |
| Homeowners insurance (our estimate, 0.5% a year) | $43 |
| FHA mortgage insurance | $46 |
| Total per month | $819 |
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Questions about home buying in Culebra Municipio
What is the median home value in Culebra Municipio?
About $104,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Culebra Municipio?
Homeowners pay a median $486 a year, which is about 0.47% 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 Culebra Municipio?
For the median home with 20% down at 7.11%, the payment is about $646 a month. Keeping that under 28% of gross income takes about $27,669 a year.
More about Culebra Municipio
- Mortgage Refinance in Culebra Municipio
- Debt Relief in Culebra Municipio
- Home Equity Loans in Culebra Municipio
- 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