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Essex County

Learn about the people, housing, costs and businesses in Essex County County

Median Home$608,117
Median Rent$1,841/month
Population813,054
Leading IndustriesHealthcare · Arts, Food & Hospitality · Professional Services15% healthcare
Home Value Growth⬆⬆+15.0% over 2 years
Young Adults28% of residentsslightly above average
Homeowners63% of occupied units
NotableHigh Incomes$113k/year · top 4% nationally
NotableAmenity Score72/100 · highly walkable area
Essex County
MA

Frequently Asked Questions

What are today's mortgage rates in Essex County?

As of today, the 30-year fixed mortgage rate for Essex County is approximately 6.830% (6.853% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Essex County
What is the median home price in Essex County?

The median home value in Essex County is $608k. The median monthly rent is $1,841. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Essex County?

Home values in Essex County have increased 15.0% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Essex County?

Based on a typical all-in ownership cost of $2,169/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $93k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Essex County is $113k/year.

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What industries drive the economy in Essex County?

The largest employment sectors in Essex County are public administration (25%) and healthcare (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas