housing costs · Massachusetts
Housing costs in Essex County
What it costs to live here: rent, home values and the share of income rent takes.
Median gross rent
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $1,756 | ± $23 | evidence → |
| 2019–2023 | $1,673 | ± $24 | evidence → |
| 2018–2022 | $1,580 | ± $23 | evidence → |
| 2017–2021 | $1,392 | ± $23 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $619,100 | ± $3,976 | evidence → |
| 2019–2023 | $584,000 | ± $4,587 | evidence → |
| 2018–2022 | $535,300 | ± $4,970 | evidence → |
| 2017–2021 | $462,900 | ± $3,659 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 33.3 % | ± 0.6 % | evidence → |
| 2019–2023 | 33.1 % | ± 0.7 % | evidence → |
| 2018–2022 | 33.0 % | ± 0.7 % | evidence → |
| 2017–2021 | 32.5 % | ± 0.7 % | evidence → |
In context
Median rent in Essex County is $1,756, above the Massachusetts median of $1,552 across 14 counties (2020–2024).
American Community Survey, five-year estimates. Each release covers five years, so consecutive releases overlap by four of them — a change from one release to the next is damped, and reading them as annual values understates swings. Margins of error are at 90 % confidence and are wide in sparsely populated counties.