Housing decision brief
Essex County, VT Housing Market
Essex County screens as a below-state purchase price, below-state rent, a manageable tax-rate signal market. Use the page as a decision brief, not just a price lookup, because local income, taxes, and data confidence change how affordable the county really is.
1st lowest home value out of 14 Vermont counties with data | 3rd lowest rent out of 14
Median home value
$167,500
Purchase-price signal from Census ACS.
Median rent
$915/mo
Gross rent, including utilities where reported.
Monthly owner cost
$938/mo
Owner costs before individual loan terms.
Decision snapshot
Read this county in four signals.
Buy screen
2.8x
Median home value divided by local household income.
Rent burden
28.0%
Below 30% usually screens as less pressured.
Rent vs own
$23/mo
Median rent screens below owner cost.
Data confidence
1 note
Crime coverage is partial, so safety comparisons need source context.
What Works
Lower purchase price
$167,500 median home value is 37% below Vermont county median
Lower rent
$915/mo is 16% below Vermont county median
Rent burden below pressure line
28.00% of renter income goes to rent, below the 30% burden threshold.
Low disaster-risk signal
Risk score is 96.8 out of 100, a stronger cross-check for long-term ownership costs.
What to Check
Lower income base
$58,985 median income is 20% below Vermont county median
Crime data coverage
Crime data coverage is partial. Treat zero or low crime rates as incomplete until you check the source coverage.
Best Fit For
- Buyers comparing homes to local incomes
- Long-term owners who care about disaster-risk exposure
- Remote earners or cash buyers looking below the state price line
Poor Fit For
- Households dependent on a deep local wage market
- Buyers focused only on purchase price and ignoring annual property tax
- Anyone treating reported crime rates as complete without source context
County vs State vs National
The county number only matters after you see the benchmark. These comparisons show where Essex County is genuinely cheap, where it is average, and where the hidden cost may be.
| Metric | County | State | U.S. | Signal |
|---|---|---|---|---|
Median home value Lower usually helps affordability. | $167,500 | $266,250 | $281,900 | 37% favorable37% below Vermont county median |
Median gross rent Lower usually helps affordability. | $915 | $1,092 | $1,163 | 16% favorable16% below Vermont county median |
Monthly owner cost Lower usually helps affordability. | $938 | $1,328 | $1,672 | 29% favorable29% below Vermont county median |
Median household income | $58,985 | $73,371 | $74,755 | 20% pressure20% below Vermont county median |
Effective property-tax rate Lower usually helps affordability. | 1.69% | 2.00% | 1.02% | 16% favorable16% below Vermont county median |
Rent burden Lower usually helps affordability. | 28.00% | 29.00% | N/A | Near state median28.00% of renter income goes to rent. |
Income Fit
A low price only helps if local income can carry the monthly cost. This panel compares the county income base with rent and owner-cost thresholds.
Rent cushion
+$22,385
Median income minus rent threshold.
Owner cushion
+$18,785
Median income minus owner-cost threshold.
Affordability Advisory
This turns the raw housing numbers into income and buy-versus-rent screens.
Affordability verdict
For renters in Essex County, the market is affordable. Expect to pay around $915/month in gross rent, with 28.0% of renter households considered cost-burdened.
Rent vs own
Renters in Essex County pay $915/month on average, compared to $938/month for homeowners. This market favors renters by about 2%.
Income needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $36,600/year. For owner costs at the 28% rule, the required income is roughly $40,200/year. With a median household income of $58,985, most households can comfortably afford rent here. Notably, 28.0% of renter households in Essex County are cost-burdened, spending more than 30% of income on housing.
Regional context
Essex County sits 13% less expensive than Windham County ($1,056/month) in terms of median gross rent.
Better Counties to Compare
Similar counties are matched on home value, rent, income, and state context. This is more useful than a simple nearest-price list.
| County | Home Value | Rent | Why compare |
|---|---|---|---|
| Caledonia County, VT | $215,900 | $904/mo | Same-state comparison near $215,900 home value and $904/mo rent. |
| Orleans County, VT | $213,300 | $897/mo | Same-state comparison near $213,300 home value and $897/mo rent. |
| Owen County, IN | $162,400 | $912/mo | Out-of-state peer near $162,400 home value and $912/mo rent. |
| Milam County, TX | $168,900 | $948/mo | Out-of-state peer near $168,900 home value and $948/mo rent. |
| Buckingham County, VA | $167,800 | $874/mo | Out-of-state peer near $167,800 home value and $874/mo rent. |
Data Confidence
- Crime coverage is partial, so safety comparisons need source context.
Next Checks
Housing Questions for Essex County
Is Essex County affordable for buying a home?
Is renting or owning cheaper in Essex County?
How much income do you need for housing in Essex County?
What should I double-check before moving to Essex County?
Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.