Is Essex a Good Place to Live?
Based on current data, Essex receives an overall livability score of 3.1 out of 5.0, earning a grade of B. Key strengths include above-average household incomes, abundant sunshine, a low poverty rate. Areas to be aware of include high housing costs, above-average unemployment. Essex offers a solid quality of life with a good balance of affordability, safety, and opportunity.
Economy & Jobs
The median household income in Essex is $87,000, 16% above the national average of $75,149. Residents generally enjoy above-average earning potential. At 12.5%, unemployment is notably high. Only 7.3% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 26 minutes.
Cost of Living & Housing
The median home value in Essex is $400,000, 42% above the national median. Renters pay a median of $960 per month, below the national average — a plus for affordability. A price-to-income ratio of 4.6x indicates a reasonably affordable housing market.
Education
10.7% of residents hold a bachelor's degree, below the national average of 33.7%. 36.1% have completed high school.
Climate & Weather
Essex experiences four distinct seasons with an average temperature of 52°F. Winters average 33°F in January while summers reach 72°F in July. With 251 sunny days per year, residents enjoy well above the national average of sunshine. Annual precipitation totals 37.5 inches, including 20.3 inches of snow.