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Tula

Learn about the people, housing, costs and businesses in Tula, Mississippi

Median Home$228,500
Median Rent$1,081/month
Population218
Leading IndustriesInformation & Media · Finance & Insurance · Public Administration10% information & media
Home Value Growth⬆⬆⬆+22.7% over 2 years
Young Adults26% of residents
Homeowners88% of occupied units
NotableVeteran Community11% of residents · top 9% nationally
Tula
MS

Frequently Asked Questions

What are today's mortgage rates in Tula?

As of today, the 30-year fixed mortgage rate for Tula is approximately 6.992% (7.032% 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 Tula?

The median home value in Tula is $229k. The median monthly rent is $1,081. Annual property taxes average $738. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Tula?

Home values in Tula have increased 22.7% 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 Tula?

Based on a typical all-in ownership cost of $879/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $38k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Tula is $71k/year.

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What industries drive the economy in Tula?

The largest employment sectors in Tula are public administration (28%) and information and media (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.