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Essex-Westford Educational Community

Learn about the people, housing, costs and businesses in Essex-Westford Educational Community, Vermont

Median Home$427,844
Median Rent$1,558/month
Population24,822
Leading IndustriesProfessional Services · Arts, Food & Hospitality · Public Administration3% professional services
Home Value Growth⬆⬆⬆+21.9% over 2 years
Young Adults27% of residentsnear the national average
Homeowners69% of occupied units
NotableHighly Educated32% bachelor's · 18% graduate · top 3% nationally
NotableHigh Incomes$100k/year · top 15% nationally
Essex-Westford Educational Community
VT

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Frequently Asked Questions

What are today's mortgage rates in Essex-Westford Educational Community?

As of today, the 30-year fixed mortgage rate for Essex-Westford Educational Community is approximately 6.889% (6.921% 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-Westford Educational Community
What is the median home price in Essex-Westford Educational Community?

The median home value in Essex-Westford Educational Community is $428k. The median monthly rent is $1,558. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Essex-Westford Educational Community?

Home values in Essex-Westford Educational Community have increased 21.9% 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-Westford Educational Community?

Based on a typical all-in ownership cost of $1,787/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-Westford Educational Community is $100k/year.

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What industries drive the economy in Essex-Westford Educational Community?

The largest employment sectors in Essex-Westford Educational Community are public administration (27%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.