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Ellison Bay

Learn about the people, housing, costs and businesses in Ellison Bay, Wisconsin

Median Home$395,100
Median Rent$1,121/month
Population256
Leading IndustriesRetail · Construction · Agriculture & Mining19% retail
Home Value Growth⬆⬆⬆+26.2% over 2 years
Retirees25% of residentsabove average nationally
Homeowners89% of occupied units
NotableTransit88/100 · excellent transit access
Ellison Bay
WI

Frequently Asked Questions

What are today's mortgage rates in Ellison Bay?

As of today, the 30-year fixed mortgage rate for Ellison Bay is approximately 6.864% (6.899% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Ellison Bay?

The median home value in Ellison Bay is $395k. The median monthly rent is $1,121. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Ellison Bay?

Home values in Ellison Bay have increased 26.2% 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 Ellison Bay?

Based on a typical all-in ownership cost of $1,208/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $52k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Ellison Bay is $78k/year.

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What industries drive the economy in Ellison Bay?

The largest employment sectors in Ellison Bay are retail (19%) and public administration (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.