Essex, MA
1,688Residents
$161,250Median household income
$1,866/moMedian gross rent
$797,100Median home value
42.1Median age
64%Adults with a bachelor’s degree or higher
73%Homes lived in by their owners
4.9×Home value to household income
Median rent takes about 14% of the median household income in Essex.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $75,000 a year. In Massachusetts that leaves roughly $4,820 a month after tax. See the full paycheck breakdown for $75,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.