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Essex, MA
Full City Profile · Massachusetts · Essex County County
4.1
/5.0
A
Great
1,775
Population
862/sq mi density
$156,094
Median Income
$63,654 per capita
$774,400
Home Value
$871,366 Zillow
$1,750
Median Rent
31.2% income on rent
48°F
Avg Temperature
246 sunny days/yr
A
Overall
4.1 / 5.0
Strong
A+
Economy
5.0 / 5.0
$156,094 median income, 1.1% unemployment
B+
Affordability
3.9 / 5.0
$774,400 home value, $1,750/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
67.9% bachelor's degree or higher
Housing Overview
Median Home Value
$774,400
175% above
US avg: $281,900
Median Rent
$1,750/mo
50% above
US avg: $1,163/mo
Homeownership Rate
75.2%
15% above US avg (65.4%)
Total Housing Units
669
Median year built: 1955
Home Value by Source
Census Median
$774,400
Zillow (ZHVI)
$871,366
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
75.2%
Owner-Occupied
24.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,565/mo
1 Bedroom
$1,730/mo
2 Bedroom
$2,270/mo
3 Bedroom
$2,722/mo
4 Bedroom
$3,006/mo
Census median rent:
$1,750/mo
Affordability & Housing Stock
Rent Burden
31.2%
of renters spending 30%+ of income on housing
1% above US avg (31.0%)
Median Year Built
1955
Average age of housing stock: 71 years
Homeownership Rate
75.2%
Complete Housing Data
Home Values
| Census Median Value | $774,400 |
| Zillow Home Value (ZHVI) | $871,366 |
Rent
| Census Median Rent | $1,750 |
| FMR Studio | $1,565 |
| FMR 1-Bedroom | $1,730 |
| FMR 2-Bedroom | $2,270 |
| FMR 3-Bedroom | $2,722 |
| FMR 4-Bedroom | $3,006 |
Market
Ownership & Stock
| Owner-Occupied | 75.2% |
| Renter-Occupied | 24.8% |
| Homeownership Rate | 75.2% |
| Total Housing Units | 669 |
| Median Year Built | 1955 |
| Rent Burden | 31.2% |