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Cullomburg

Learn about the people, housing, costs and businesses in Cullomburg, Alabama

Median Home$111,867
Median Rent$457/month
Population143
Leading IndustriesInformation & Media · Education · Construction11% information & media
Home Value Growth⬆⬆+14.9% over 2 years
Young Adults28% of residentsnear the national average
Homeowners84% of occupied units
NotableAffordable Market$112k median home · lower cost than 88% of the country
Cullomburg
AL

Frequently Asked Questions

What are today's mortgage rates in Cullomburg?

As of today, the 30-year fixed mortgage rate for Cullomburg is approximately 6.953% (6.994% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Cullomburg?

The median home value in Cullomburg is $112k. The median monthly rent is $457. Annual property taxes average $199. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Cullomburg?

Home values in Cullomburg have increased 14.9% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Cullomburg?

Based on a typical all-in ownership cost of $592/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $25k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Cullomburg is $62k/year.

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What industries drive the economy in Cullomburg?

The largest employment sectors in Cullomburg are public administration (19%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.