Essex, MA
Maps & Population Facts
Population
3,687
Population Density
264
Labor Participaton
64.0%
Bachelor's or Higher
58.4%
Median Household Income
$109,327
Median Individual Income
$51,538
Median Individual Income(Full-time Workers Only)
$72,125
Housing Estimates
Median House Value
$585,700
Median Gross Rent
$1,108
Median Mortgage Payment
$3,199
Housing Units
1,712
People who reside in Essex live in:
Detached - Single Family Homes
69%
Apt, Condo, Other
31%
Analysis
Income
Households in Essex earn significantly more money than the national median income, averaging 81% higher per household.
Housing
Essex has a median house price of $585,700, which makes it one of the most expensive places in the United States to own property. The cost of renting in Essex is 9% more than the national average.
Percent | |
---|---|
Renter Occupied Households | 38% |
New Construction (Built after 2000) | 11% |
Demographics
The median age in Essex is 46. Essex has a population that is significantly older than in comparison to the US median age.
Essex ranks in the highest of the nation for having an educated population with more college graduates per resident than most areas.
Housing Data
Housing Comparison
Essex | Massachusetts | USA | |
Median Property Value | 585,700 | 385,400 | 217,600 |
Median Mortgage Payment | 3,199 | 2,108 | 1,513 |
Median Gross Rent | 1,108 | 1,208 | 1,012 |
Property Vacancy | 15.9% | 10.0% | 12.6% |
% Renters | 20% | 38% | 36% |
Residents per Sq. Mi. | 264 | 885 | 93 |
Personal Comparison
Essex | Massachusetts | USA | |
Median Household Income | 109,327 | 77,385 | 60,336 |
Median Individual Income | 51,538 | 41,700 | 33,646 |
Median Income (Full-Time) | 72,125 | 60,923 | 46,881 |
Median Age | 46.3 | 39.5 | 38.1 |
Labor Participation | 64.0% | 67.8% | 62.8% |
Attained College Degree | 58.4% | 43.4% | 32.0% |
Population Density Analysis
Essex, MA
264
Residents per Sq. Mile
The population density of Essex is comparable to that of a Rural Area.
Major City
10,000 Residents +
Mid-Sized City
5,000 Residents +
Small City
2,500 Residents +
Suburban
500 Residents +
Rural
100 Residents +
Remote
1 Residents +