Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Essex Junction

Learn about the people, housing, costs and businesses in Essex Junction, Vermont

Median Home$412,832
Median Rent$1,545/month
Population10,781
Leading IndustriesTransportation · Professional Services · Arts, Food & Hospitality3% transportation
Home Value Growth⬆⬆+20.9% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners59% of occupied units
NotableTransit93/100 · excellent transit access
NotableAmenity Score81/100 · highly walkable area
Essex Junction
VT

Frequently Asked Questions

What are today's mortgage rates in Essex Junction?

As of today, the 30-year fixed mortgage rate for Essex Junction is approximately 6.888% (6.924% 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 Junction
What is the median home price in Essex Junction?

The median home value in Essex Junction is $413k. The median monthly rent is $1,545. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Essex Junction?

Home values in Essex Junction have increased 20.9% 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 Junction?

Based on a typical all-in ownership cost of $1,785/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $77k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Essex Junction is $90k/year.

Calculate your buying power
What industries drive the economy in Essex Junction?

The largest employment sectors in Essex Junction are public administration (23%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.