The typical owner-occupied home in Fulton is worth about $140,300, 51% below the Texas median of $283,800 and 58% below the national median of $332,700. The median household earns $56,324 a year, so the median home costs 2.5 times the median income (3.6 times for Texas). 71% of occupied homes here are lived in by their owners, and 25% of those owners still have a mortgage.
Fulton at a glance
| Fulton | Texas | U.S. | |
|---|---|---|---|
| Median home value | $140,300 | $283,800 | $332,700 |
| Median property tax paid per year | – | $4,232 | $3,119 |
| Median household income | $56,324 | $78,476 | $80,734 |
| Homes lived in by their owners | 71% | 63% | 65% |
| Owner homes with a mortgage | 25% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $1,542 | $2,106 | $1,963 |
| Those costs as a share of the owners' income | 19.0% | 21.7% | 21.0% |
| Median rent | $1,053 | $1,403 | $1,413 |
| Rent as a share of renters' income | 30.1% | 30.9% | 30.6% |
| Median year homes were built | 2002 | 1992 | 1980 |
| Vacant homes | 30.5% | 9.4% | 10.1% |
| Population | 818 | 30,188,424 | 334,922,499 |
What a typical home costs per month in Fulton
At this week's average 30-year rate of 7.11%, buying the median Fulton home of $140,300 with 20% down costs about $942 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,176, 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 $40,377 for the 20%-down payment. That payment is 20% of the median Fulton household income of $56,324; at that income and 20% down, the 28% guideline points to a home of about $196,000.
The median rent here is $1,053 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $28,060 |
|---|---|
| Loan amount | $112,240 |
| Principal and interest | $755 |
| Property taxes (1.10% a year) | $129 |
| Homeowners insurance (our estimate, 0.5% a year) | $58 |
| PMI | $0 |
| Total per month | $942 |
Change the numbers in the calculator
| Down payment | $4,910 |
|---|---|
| Loan amount | $137,759 |
| Principal and interest | $927 |
| Property taxes (1.10% a year) | $129 |
| Homeowners insurance (our estimate, 0.5% a year) | $58 |
| FHA mortgage insurance | $62 |
| Total per month | $1,176 |
Change the numbers in the calculator
Questions about home buying in Fulton
What is the median home value in Fulton?
About $140,300 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 Fulton?
For the median home with 20% down at 7.11%, the payment is about $942 a month. Keeping that under 28% of gross income takes about $40,377 a year.
More about Fulton
- Mortgage Refinance in Fulton
- Debt Relief in Fulton
- Home Equity Loans in Fulton
- 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