Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Essex area can be challenging. Home prices in Essex are now at a median cost of $330,943, higher than the Vermont average of $260,894.
The average cost of rent is $1,419/mo in Essex, primarily driven by the current value of real estate in the Essex area. While nearly 30.65% of residents own their homes outright in Essex, 25.66% rent.
Housing affordability isn’t just about home prices, though. The average household income in Essex is $8,230 per month. Households that rent pay about 17.25% of their income on rent here. Essex's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Williston, VT: higher priced homes
- Winooski, VT: less expensive homes
- South Burlington, VT: equally priced homes
- Jericho, VT: higher priced homes
- Colchester, VT: less expensive homes
- Essex Junction, VT: equally priced homes
- Burlington, VT: higher priced homes
- Underhill Center, VT: equally priced homes
- Westford, VT: equally priced homes
- Richmond, VT: equally priced homes
Cities with Similar Populations
- Ridgefield, WA: higher priced homes
- Matteson, IL: less expensive homes
- Mays Landing, NJ: less expensive homes
- McAlester, OK: less expensive homes
- McNair, VA: higher priced homes
- Mechanicsville, MD: equally priced homes
- Merchantville, NJ: less expensive homes
- Merrick, NY: higher priced homes
- Middletown, PA: less expensive homes
- Milford, MI: equally priced homes
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