diff --git a/esphome/components/mcp4461/mcp4461.cpp b/esphome/components/mcp4461/mcp4461.cpp
index f7971a5fbe..2251395d10 100644
--- a/esphome/components/mcp4461/mcp4461.cpp
+++ b/esphome/components/mcp4461/mcp4461.cpp
@@ -26,7 +26,7 @@ void Mcp4461Component::begin_() {
   for (uint8_t i = 0; i < 8; i++) {
     if (this->reg_[i].initial_value.has_value()) {
       uint16_t initial_state;
-      initial_state = static_cast<uint16_t>(*this->reg_[i].initial_value * 1000.f);
+      initial_state = static_cast<uint16_t>(*this->reg_[i].initial_value * 256.0f);
       this->write_wiper_level_(i, initial_state);
     }
     if (this->reg_[i].enabled) {