Total monthly cost of ownership
Cost to Own a Home in Sulligent, Alabama
A $132,000 home here costs
$1,122per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $679. The real number is $443 higher every month — 65% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Sulligent against Lamar County and Alabama
| Measure | Sulligent | Lamar County |
|---|---|---|
| Median home value | $132,400 | $112,700 |
| Median property tax | $296 | $245 |
| Effective tax rate | 0.224% | 0.217% |
| Median gross rent | $507 | $548 |
| Population | 1,440 | 13,809 |
The weather behind that power bill
Sulligent sits in Lamar County, which averages a high of 91.8°F in its hottest month and a low of 33.4°F in its coldest, with 58.45" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 2,119 cooling and 2,635 heating degree days, which is what sets the $151 electricity line above.
See the full climate breakdown for Lamar County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Lamar County
Common questions
How much does it cost to own a home in Sulligent?
A $132,000 home in Sulligent, Alabama costs approximately $1,122 per month with 20% down at 6.66%. That is $679 principal and interest, $25 property tax, $90 homeowners insurance, $219 utilities and $110 set aside for maintenance.
What is the property tax rate in Sulligent?
Sulligent has an effective property tax rate of 0.224%, based on a median home value of $132,400 and median real estate taxes of $296. That is in line with the Lamar County average of 0.217%.
What is the average home price in Sulligent?
The median owner-occupied home value in Sulligent, Alabama is $132,400, against $112,700 across Lamar County.
Is it cheaper to rent or buy in Sulligent?
Median gross rent in Sulligent is $507 a month, against $1,122 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Sulligent — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Alabama.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.