The typical owner-occupied home in Culloden is worth about $197,800, 22% above the West Virginia median of $162,600 and 41% below the national median of $332,700. Owners pay a median $1,112 a year in property taxes, about 0.56% of their home's value, higher than the West Virginia rate of 0.53%. The median household earns $73,318 a year, so the median home costs 2.7 times the median income (2.7 times for West Virginia). 90% of occupied homes here are lived in by their owners, and 62% of those owners still have a mortgage.
Culloden at a glance
| Culloden | West Virginia | U.S. | |
|---|---|---|---|
| Median home value | $197,800 | $162,600 | $332,700 |
| Median property tax paid per year | $1,112 | $865 | $3,119 |
| Property tax as a share of value | 0.56% | 0.53% | 0.94% |
| Median household income | $73,318 | $59,608 | $80,734 |
| Homes lived in by their owners | 90% | 75% | 65% |
| Owner homes with a mortgage | 62% | 46% | 61% |
| Median monthly costs, owners with a mortgage | $1,387 | $1,255 | $1,963 |
| Those costs as a share of the owners' income | 15.5% | 17.3% | 21.0% |
| Median rent | $798 | $872 | $1,413 |
| Rent as a share of renters' income | 24.0% | 29.4% | 30.6% |
| Median year homes were built | 1982 | 1976 | 1980 |
| Vacant homes | 13.7% | 15.4% | 10.1% |
| Population | 3,040 | 1,778,373 | 334,922,499 |
What a typical home costs per month in Culloden
At this week's average 30-year rate of 7.11%, buying the median Culloden home of $197,800 with 20% down costs about $1,239 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,569, 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 $53,109 for the 20%-down payment. That payment is 20% of the median Culloden household income of $73,318; at that income and 20% down, the 28% guideline points to a home of about $273,000.
The median rent here is $798 a month, so owning the median home costs about $441 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $39,560 |
|---|---|
| Loan amount | $158,240 |
| Principal and interest | $1,064 |
| Property taxes (0.56% a year) | $92 |
| Homeowners insurance (our estimate, 0.5% a year) | $82 |
| PMI | $0 |
| Total per month | $1,239 |
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| Down payment | $6,923 |
|---|---|
| Loan amount | $194,217 |
| Principal and interest | $1,307 |
| Property taxes (0.56% a year) | $92 |
| Homeowners insurance (our estimate, 0.5% a year) | $82 |
| FHA mortgage insurance | $87 |
| Total per month | $1,569 |
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Questions about home buying in Culloden
What is the median home value in Culloden?
About $197,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Culloden?
Homeowners pay a median $1,112 a year, which is about 0.56% 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 Culloden?
For the median home with 20% down at 7.11%, the payment is about $1,239 a month. Keeping that under 28% of gross income takes about $53,109 a year.
More about Culloden
- Mortgage Refinance in Culloden
- Debt Relief in Culloden
- Home Equity Loans in Culloden
- 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