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Essex Village, CT
Full City Profile · Connecticut · Lower Connecticut River Valley Planning Region County
3.5
/5.0
B+
Good
2,722
Population
709/sq mi density
$110,469
Median Income
$83,961 per capita
$744,100
Home Value
$434,595 Zillow
$2,071
Median Rent
51.0% income on rent
53°F
Avg Temperature
282 sunny days/yr
137
Violent Crime/100K
1,990 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$110,469 median income, 0.4% unemployment
C+
Affordability
2.9 / 5.0
$744,100 home value, $2,071/mo rent
F
Safety
1.0 / 5.0
137 violent crimes/100K
A+
Education
5.0 / 5.0
70.3% bachelor's degree or higher
Housing Overview
Median Home Value
$744,100
164% above
US avg: $281,900
Median Rent
$2,071/mo
78% above
US avg: $1,163/mo
Homeownership Rate
90.1%
38% above US avg (65.4%)
Total Housing Units
1,298
Median year built: 1962
Home Value by Source
Census Median
$744,100
Zillow (ZHVI)
$434,595
Median Sale Price
$882,950
Median List Price
$874,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
90.1%
Owner-Occupied
9.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,351/mo
1 Bedroom
$1,590/mo
2 Bedroom
$1,955/mo
3 Bedroom
$2,415/mo
4 Bedroom
$2,824/mo
Census median rent:
$2,071/mo
Market Indicators (Redfin)
Median Days on Market
42 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
2
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$493
Active Inventory
8
homes for sale
Affordability & Housing Stock
Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
1962
Average age of housing stock: 64 years
Homeownership Rate
90.1%
Complete Housing Data
Home Values
| Census Median Value | $744,100 |
| Zillow Home Value (ZHVI) | $434,595 |
| Median Sale Price | $882,950 |
| Median List Price | $874,900 |
| Price Per Sq Ft | $493 |
Rent
| Census Median Rent | $2,071 |
| FMR Studio | $1,351 |
| FMR 1-Bedroom | $1,590 |
| FMR 2-Bedroom | $1,955 |
| FMR 3-Bedroom | $2,415 |
| FMR 4-Bedroom | $2,824 |
Market
| Days on Market | 42 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 0.0% |
| Homes Sold | 2 |
| Active Inventory | 8 |
| Price Per Sq Ft | $493 |
Ownership & Stock
| Owner-Occupied | 90.1% |
| Renter-Occupied | 9.9% |
| Homeownership Rate | 90.1% |
| Total Housing Units | 1,298 |
| Median Year Built | 1962 |
| Rent Burden | 51.0% |