Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Ellenton

Learn about the people, housing, costs and businesses in Ellenton, Florida

Median Home$304,100
Median Rent$1,791/month
Population5,836
Leading IndustriesWholesale Trade · Professional Services10% wholesale trade
Home Value Growth⬆⬆+17.1% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners80% of occupied units
NotableVeteran Community11% of residents · top 9% nationally
Ellenton
FL

Frequently Asked Questions

What are today's mortgage rates in Ellenton?

As of today, the 30-year fixed mortgage rate for Ellenton is approximately 6.932% (6.969% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Ellenton
What is the median home price in Ellenton?

The median home value in Ellenton is $304k. The median monthly rent is $1,791. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Ellenton?

Home values in Ellenton have increased 17.1% 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 Ellenton?

Based on a typical all-in ownership cost of $1,538/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $66k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Ellenton is $81k/year.

Calculate your buying power
What industries drive the economy in Ellenton?

The largest employment sectors in Ellenton are public administration (22%) and wholesale trade (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.