The typical owner-occupied home in Ellsworth is worth about $242,300, 18% below the Maine median of $296,600 and 27% below the national median of $332,700. Owners pay a median $3,262 a year in property taxes, about 1.35% of their home's value, higher than the Maine rate of 1.02%. The median household earns $77,375 a year, so the median home costs 3.1 times the median income (4.0 times for Maine). 67% of occupied homes here are lived in by their owners, and 69% of those owners still have a mortgage.
Ellsworth at a glance
| Ellsworth | Maine | U.S. | |
|---|---|---|---|
| Median home value | $242,300 | $296,600 | $332,700 |
| Median property tax paid per year | $3,262 | $3,036 | $3,119 |
| Property tax as a share of value | 1.35% | 1.02% | 0.94% |
| Median household income | $77,375 | $74,733 | $80,734 |
| Homes lived in by their owners | 67% | 74% | 65% |
| Owner homes with a mortgage | 69% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,709 | $1,729 | $1,963 |
| Those costs as a share of the owners' income | 21.2% | 20.6% | 21.0% |
| Median rent | $1,017 | $1,139 | $1,413 |
| Rent as a share of renters' income | 32.9% | 29.4% | 30.6% |
| Median year homes were built | 1980 | 1977 | 1980 |
| Vacant homes | 26.0% | 20.6% | 10.1% |
| Population | 8,657 | 1,387,817 | 334,922,499 |
What a typical home costs per month in Ellsworth
At this week's average 30-year rate of 7.11%, buying the median Ellsworth home of $242,300 with 20% down costs about $1,678 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,081, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $71,894 for the 20%-down payment. That payment is 26% of the median Ellsworth household income of $77,375; at that income and 20% down, the 28% guideline points to a home of about $261,000.
The median rent here is $1,017 a month, so owning the median home costs about $661 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $48,460 |
|---|---|
| Loan amount | $193,840 |
| Principal and interest | $1,304 |
| Property taxes (1.35% a year) | $273 |
| Homeowners insurance (our estimate, 0.5% a year) | $101 |
| PMI | $0 |
| Total per month | $1,678 |
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| Down payment | $8,480 |
|---|---|
| Loan amount | $237,911 |
| Principal and interest | $1,600 |
| Property taxes (1.35% a year) | $273 |
| Homeowners insurance (our estimate, 0.5% a year) | $101 |
| FHA mortgage insurance | $107 |
| Total per month | $2,081 |
Change the numbers in the calculator
Questions about home buying in Ellsworth
What is the median home value in Ellsworth?
About $242,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Ellsworth?
Homeowners pay a median $3,262 a year, which is about 1.35% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Ellsworth?
For the median home with 20% down at 7.11%, the payment is about $1,678 a month. Keeping that under 28% of gross income takes about $71,894 a year.
More about Ellsworth
- Mortgage Refinance in Ellsworth
- Debt Relief in Ellsworth
- Home Equity Loans in Ellsworth
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data