Total monthly cost of ownership
Cost to Own a Home in Ellisville, Mississippi
A $97,000 home here costs
$976per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $499. The real number is $477 higher every month — 96% 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.
Ellisville against Jones County and Mississippi
| Measure | Ellisville | Jones County |
|---|---|---|
| Median home value | $97,000 | $126,800 |
| Median property tax | $1,146 | $1,116 |
| Effective tax rate | 1.181% | 0.880% |
| Median gross rent | $797 | $810 |
| Population | 4,593 | 66,839 |
The weather behind that power bill
Ellisville sits in Jones County, which averages a high of 93.2°F in its hottest month and a low of 34.6°F in its coldest, with 59.64" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 2,342 cooling and 2,138 heating degree days, which is what sets the $145 electricity line above.
See the full climate breakdown for Jones County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Jones County
Full Jones County cost breakdown · Every county in Mississippi
Common questions
How much does it cost to own a home in Ellisville?
A $97,000 home in Ellisville, Mississippi costs approximately $976 per month with 20% down at 6.66%. That is $499 principal and interest, $95 property tax, $88 homeowners insurance, $213 utilities and $81 set aside for maintenance.
What is the property tax rate in Ellisville?
Ellisville has an effective property tax rate of 1.181%, based on a median home value of $97,000 and median real estate taxes of $1,146. That is higher than the Jones County average of 0.880%.
What is the average home price in Ellisville?
The median owner-occupied home value in Ellisville, Mississippi is $97,000, against $126,800 across Jones County.
Is it cheaper to rent or buy in Ellisville?
Median gross rent in Ellisville is $797 a month, against $976 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 Ellisville — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Mississippi.
- 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.