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Essex County Housing Market

Virginia · 133 counties · Ranked #2206 in home value

Below National Avg

Housing at a Glance

Median Home Value

$228,600

vs national$228,600 vs $281,900 national

Median Gross Rent

$967/mo

vs national$967 vs $1,163 national

Effective Tax Rate

0.57%

vs national0.57% vs 1.02% national

Median Household Income

$56,481

vs national$56,481 vs $74,755 national

Affordability Ratio

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

30.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$1,312

Tax as % of Home Value

0.57%

Monthly Owner Cost

$942

Renter Income

$44,112

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Mortgage

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Home Search

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Similar Counties by Home Value

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Frequently Asked Questions

What is the median home value in Essex County?

The median home value in Essex County is $228,600. This is below the national median of $281,900.

How much is rent in Essex County?

The median gross rent in Essex County is $967 per month.

What is the property tax rate in Essex County?

The effective property tax rate in Essex County is 0.57%. The median annual property tax bill is $1,312.

Is Essex County affordable?

With a home-value-to-income ratio of 4x, Essex County is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.