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Ellsworth

Learn about the people, housing, costs and businesses in Ellsworth, Illinois

Median Home$134,000
Median Rent$1,035/month
Population201
Leading IndustriesEducation · Construction · Agriculture & Mining3% education
Home Value Growth⬆⬆⬆+24.7% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners82% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
Ellsworth
IL

Frequently Asked Questions

What are today's mortgage rates in Ellsworth?

As of today, the 30-year fixed mortgage rate for Ellsworth is approximately 6.994% (7.003% 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 Ellsworth?

The median home value in Ellsworth is $134k. The median monthly rent is $1,035. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Ellsworth?

Home values in Ellsworth have increased 24.7% 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 Ellsworth?

Based on a typical all-in ownership cost of $948/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Ellsworth is $78k/year.

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What industries drive the economy in Ellsworth?

The largest employment sectors in Ellsworth are public administration (15%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.