The typical owner-occupied home in Sullivan City is worth about $94,600, 67% below the Texas median of $283,800 and 72% below the national median of $332,700. Owners pay a median $1,680 a year in property taxes, about 1.78% of their home's value, higher than the Texas rate of 1.49%. The median household earns $44,464 a year, so the median home costs 2.1 times the median income (3.6 times for Texas). 88% of occupied homes here are lived in by their owners, and 16% of those owners still have a mortgage.
Sullivan City at a glance
| Sullivan City | Texas | U.S. | |
|---|---|---|---|
| Median home value | $94,600 | $283,800 | $332,700 |
| Median property tax paid per year | $1,680 | $4,232 | $3,119 |
| Property tax as a share of value | 1.78% | 1.49% | 0.94% |
| Median household income | $44,464 | $78,476 | $80,734 |
| Homes lived in by their owners | 88% | 63% | 65% |
| Owner homes with a mortgage | 16% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $1,142 | $2,106 | $1,963 |
| Those costs as a share of the owners' income | 25.0% | 21.7% | 21.0% |
| Median rent | $730 | $1,403 | $1,413 |
| Rent as a share of renters' income | 33.6% | 30.9% | 30.6% |
| Median year homes were built | 1997 | 1992 | 1980 |
| Vacant homes | 10.6% | 9.4% | 10.1% |
| Population | 3,902 | 30,188,424 | 334,922,499 |
What a typical home costs per month in Sullivan City
At this week's average 30-year rate of 7.11%, buying the median Sullivan City home of $94,600 with 20% down costs about $689 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $846, 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 $29,522 for the 20%-down payment. That payment is 19% of the median Sullivan City household income of $44,464; at that income and 20% down, the 28% guideline points to a home of about $142,000.
The median rent here is $730 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $18,920 |
|---|---|
| Loan amount | $75,680 |
| Principal and interest | $509 |
| Property taxes (1.78% a year) | $140 |
| Homeowners insurance (our estimate, 0.5% a year) | $39 |
| PMI | $0 |
| Total per month | $689 |
Change the numbers in the calculator
| Down payment | $3,311 |
|---|---|
| Loan amount | $92,887 |
| Principal and interest | $625 |
| Property taxes (1.78% a year) | $140 |
| Homeowners insurance (our estimate, 0.5% a year) | $39 |
| FHA mortgage insurance | $42 |
| Total per month | $846 |
Change the numbers in the calculator
Questions about home buying in Sullivan City
What is the median home value in Sullivan City?
About $94,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Sullivan City?
Homeowners pay a median $1,680 a year, which is about 1.78% 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 Sullivan City?
For the median home with 20% down at 7.11%, the payment is about $689 a month. Keeping that under 28% of gross income takes about $29,522 a year.
More about Sullivan City
- Mortgage Refinance in Sullivan City
- Debt Relief in Sullivan City
- Home Equity Loans in Sullivan City
- 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