All Countries
Essex, IL
Full City Profile · Illinois · Grundy County County
4.2
/5.0
A
Great
956
Population
410/sq mi density
$101,094
Median Income
$43,264 per capita
$219,000
Home Value
$281,077 Zillow
$1,147
Median Rent
11.1% income on rent
49°F
Avg Temperature
275 sunny days/yr
A
Overall
4.2 / 5.0
Strong
A+
Economy
5.0 / 5.0
$101,094 median income, 2.3% unemployment
A+
Affordability
5.0 / 5.0
$219,000 home value, $1,147/mo rent
C+
Education
2.7 / 5.0
21.8% bachelor's degree or higher
Housing Overview
Median Home Value
$219,000
22% below
US avg: $281,900
Median Rent
$1,147/mo
1% below
US avg: $1,163/mo
Homeownership Rate
90.7%
39% above US avg (65.4%)
Total Housing Units
355
Median year built: 1991
Home Value by Source
Census Median
$219,000
Zillow (ZHVI)
$281,077
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
90.7%
Owner-Occupied
9.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent:
$1,147/mo
Affordability & Housing Stock
Rent Burden
11.1%
of renters spending 30%+ of income on housing
64% below US avg (31.0%)
Median Year Built
1991
Average age of housing stock: 35 years
Homeownership Rate
90.7%
Complete Housing Data
Home Values
| Census Median Value | $219,000 |
| Zillow Home Value (ZHVI) | $281,077 |
Rent
| Census Median Rent | $1,147 |
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
Ownership & Stock
| Owner-Occupied | 90.7% |
| Renter-Occupied | 9.3% |
| Homeownership Rate | 90.7% |
| Total Housing Units | 355 |
| Median Year Built | 1991 |
| Rent Burden | 11.1% |