Total monthly cost of ownership
Cost to Own a Home in Tulia, Texas
A $87,000 home here costs
$988per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $42,500 a year.
A standard mortgage calculator would have told you $474. The real number is $514 higher every month, 108% more than the payment most buyers budget for.
Compare Swisher County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Tulia from a five-year rolling sample, and with about 4,451 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Swisher County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Tulia against Swisher County and Texas
| Measure | Tulia | Swisher County |
|---|---|---|
| Median home value | $87,300 | $89,200 |
| Median property tax | $1,702 | $1,555 |
| Effective tax rate | 1.950% | 1.743% |
| Median gross rent | $712 | $729 |
| Population | 4,451 | 6,981 |
The weather behind that power bill
Tulia sits in Swisher County, which averages a high of 91.1°F in its hottest month and a low of 22.7°F in its coldest, with 20.54" of precipitation a year and 39% of it in a single three-month stretch. That climate drives 1,372 cooling and 4,179 heating degree days, which is what sets the $174 electricity line above.
See the full climate breakdown for Swisher County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Swisher County
No other places of this size are published in Swisher County.
Talk to someone who works this market
These are Tulia averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Tulia every week. Free, no obligation, and we never sell your details to a list.
Common questions
How much does it cost to own a home in Tulia?
A $87,000 home in Tulia, Texas costs approximately $988 per month with 20% down at 7.24%. That is $474 principal and interest, $141 property tax, $58 homeowners insurance, $242 utilities and $73 set aside for maintenance.
What is the property tax rate in Tulia?
Tulia has an effective property tax rate of 1.950%, based on a median home value of $87,300 and median real estate taxes of $1,702. That is higher than the Swisher County average of 1.743%.
What is the average home price in Tulia?
The median owner-occupied home value in Tulia, Texas is $87,300, against $89,200 across Swisher County.
Is it cheaper to rent or buy in Tulia?
Median gross rent in Tulia is $712 a month, against $988 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Tulia?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Tulia, Texas at today's rate takes a household income of roughly $42,500 a year. That covers the full $988 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Tulia, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Texas.
- 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.