Total monthly cost of ownership
Cost to Own a Home in Ellis, Kansas
A $157,000 home here costs
$1,477per 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 $63,500 a year.
A standard mortgage calculator would have told you $856. The real number is $621 higher every month, 73% more than the payment most buyers budget for.
Compare Ellis County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Ellis from a five-year rolling sample, and with about 2,145 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 Ellis 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.
Ellis against Ellis County and Kansas
| Measure | Ellis | Ellis County |
|---|---|---|
| Median home value | $156,900 | $211,100 |
| Median property tax | $2,341 | $2,582 |
| Effective tax rate | 1.492% | 1.223% |
| Median gross rent | — | $899 |
| Population | 2,145 | 28,870 |
The weather behind that power bill
Ellis sits in Ellis County, which averages a high of 93.2°F in its hottest month and a low of 20.0°F in its coldest, with 24.84" of precipitation a year and 44% of it in a single three-month stretch. That climate drives 1,546 cooling and 4,935 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Ellis County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Ellis County
Talk to someone who works this market
These are Ellis 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 Ellis 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 Ellis?
A $157,000 home in Ellis, Kansas costs approximately $1,477 per month with 20% down at 7.24%. That is $856 principal and interest, $195 property tax, $92 homeowners insurance, $204 utilities and $131 set aside for maintenance.
What is the property tax rate in Ellis?
Ellis has an effective property tax rate of 1.492%, based on a median home value of $156,900 and median real estate taxes of $2,341. That is higher than the Ellis County average of 1.223%.
What is the average home price in Ellis?
The median owner-occupied home value in Ellis, Kansas is $156,900, against $211,100 across Ellis County.
Is it cheaper to rent or buy in Ellis?
Rent data is not published for Ellis at this level of detail.
What salary do you need to buy a home in Ellis?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Ellis, Kansas at today's rate takes a household income of roughly $63,500 a year. That covers the full $1,477 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Ellis, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Kansas.
- 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.