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These days, finding an affordable place to live in the Ellison Bay area can be challenging. Home prices in Ellison Bay are now at a median cost of $451,000, higher than the Wisconsin average of $280,373.
The average cost of rent is $1,195/mo in Ellison Bay, primarily driven by the current value of real estate in the Ellison Bay area. In Ellison Bay, 10.62% of households rent, and 43.23% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ellison Bay is $6,571 per month. Households that rent pay about 18.18% of their income on rent here. Ellison Bay’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Rowleys Bay, WI: equally priced homes
- Gills Rock, WI: equally priced homes
- Sister Bay, WI: less expensive homes
- Ephraim, WI: equally priced homes
- Washington Island, WI: less expensive homes
- Fish Creek, WI: equally priced homes
- Baileys Harbor, WI: less expensive homes
- Egg Harbor, WI: equally priced homes
- Jacksonport, WI: less expensive homes
- Cedar River, MI: less expensive homes
Cities with Similar Populations
- Pisgah, MS: less expensive homes
- Mercer, NC: less expensive homes
- Meridian, OK: less expensive homes
- Middleton, MI: less expensive homes
- Midway, AL: less expensive homes
- Milan, MN: less expensive homes
- Miller Grove, TX: less expensive homes
- Milligan, FL: less expensive homes
- Norman, IN: less expensive homes
- Paupack, PA: less expensive homes
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