The typical owner-occupied home in Ellis County is worth about $119,100, 40% below the Oklahoma median of $199,800 and 64% below the national median of $332,700. Owners pay a median $877 a year in property taxes, about 0.74% of their home's value, lower than the Oklahoma rate of 0.80%. The median household earns $61,016 a year, so the median home costs 2.0 times the median income (3.1 times for Oklahoma). 82% of occupied homes here are lived in by their owners, and 26% of those owners still have a mortgage.
Ellis County at a glance
| Ellis County | Oklahoma | U.S. | |
|---|---|---|---|
| Median home value | $119,100 | $199,800 | $332,700 |
| Median property tax paid per year | $877 | $1,599 | $3,119 |
| Property tax as a share of value | 0.74% | 0.80% | 0.94% |
| Median household income | $61,016 | $65,039 | $80,734 |
| Homes lived in by their owners | 82% | 66% | 65% |
| Owner homes with a mortgage | 26% | 54% | 61% |
| Median monthly costs, owners with a mortgage | $1,232 | $1,539 | $1,963 |
| Those costs as a share of the owners' income | 19.6% | 19.6% | 21.0% |
| Median rent | $815 | $1,014 | $1,413 |
| Rent as a share of renters' income | 20.0% | 28.4% | 30.6% |
| Median year homes were built | 1969 | 1980 | 1980 |
| Vacant homes | 30.5% | 12.0% | 10.1% |
| Population | 3,683 | 4,028,634 | 334,922,499 |
What a typical home costs per month in Ellis County
At this week's average 30-year rate of 7.11%, buying the median Ellis County home of $119,100 with 20% down costs about $764 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $962, 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 $32,744 for the 20%-down payment. That payment is 15% of the median Ellis County household income of $61,016; at that income and 20% down, the 28% guideline points to a home of about $222,000.
The median rent here is $815 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $23,820 |
|---|---|
| Loan amount | $95,280 |
| Principal and interest | $641 |
| Property taxes (0.74% a year) | $73 |
| Homeowners insurance (our estimate, 0.5% a year) | $50 |
| PMI | $0 |
| Total per month | $764 |
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| Down payment | $4,168 |
|---|---|
| Loan amount | $116,943 |
| Principal and interest | $787 |
| Property taxes (0.74% a year) | $73 |
| Homeowners insurance (our estimate, 0.5% a year) | $50 |
| FHA mortgage insurance | $53 |
| Total per month | $962 |
Change the numbers in the calculator
Questions about home buying in Ellis County
What is the median home value in Ellis County?
About $119,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Ellis County?
Homeowners pay a median $877 a year, which is about 0.74% 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 Ellis County?
For the median home with 20% down at 7.11%, the payment is about $764 a month. Keeping that under 28% of gross income takes about $32,744 a year.
More about Ellis County
- Mortgage Refinance in Ellis County
- Debt Relief in Ellis County
- Home Equity Loans in Ellis County
- 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