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Essex County, MA

RANK #357 / 996  ·  POP 806,103  ·  MA

PROJECTED GROWTH: +1.3%

Essex County sits in the middle of the pack — stable but not accelerating.

[01] Why Essex County?

Essex County, Massachusetts, stands out for its rich maritime history and diverse coastal communities, such as Salem, known for its historic architecture and colonial past. Located northeast of Boston, with Salem just 16 miles away, the county offers a blend of historic charm and natural beauty. Commute options to Boston include driving, which takes about 39 minutes, or taking a taxi and train, approximately a 1 hour and 9 minute journey. The region boasts extensive outdoor recreation, including the scenic Essex Coastal Scenic Byway, which links 14 coastal communities, and numerous state parks, wildlife refuges, and conservation areas like the Parker River National Wildlife Refuge and Crane Beach. These areas provide opportunities for birdwatching, hiking, biking, and water sports like kayaking and paddleboarding.

Life in Essex County attracts families and individuals seeking a balance of community and access to natural amenities. The public schools in Essex County are generally above average, with Masconomet Regional High School, Hamilton-Wenham Regional High School, and Lynnfield High School among the top-ranked. The economy is diverse, with growing sectors including Financial Activities, Healthcare and Social Assistance, and Professional and Business Services. Tourism also plays a role, with nearly $1.2 billion spent in the county in 2024. While most residents drive to work, public transportation options, including commuter rail and bus services, connect many towns within the county and to Boston.

[02] Market Snapshot

Housing Ratio
8.9x

Overvalued relative to economy

GDP Growth
+1.2%

Well below national median

Home Prices
+1.9%

Above national median

Climate & Terrain
1.4

Moderate climate & terrain

Price/Rent
18x

Above national median (13x)

Housing looks overvalued at 8.9x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Essex County U.S. National

The Numbers

DEMOGRAPHICS
Population
806,103
+0.19% YoY
Median Household Income
$94,378
Median Home Value
$535,300
+1.93% 12mo
Median Rent
$1,580
Average Annual Pay
$75,548
+1.9% YoY
Employment
323,694
+0.6% YoY
Income-to-Home-Value
0.1763
Less affordable than average
Migration Inflow
2.29%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$625,000
Days on Market
37
Active market
Months of Supply
2.0
Seller's market
Sale-to-List Ratio
99.8%
Near asking price
Sold Above List
43.3%
Listings w/ Price Drops
16.7%
Building Permits (2024)
1,011
Single-Family Permits
393

Source: Redfin · Census BPS — Browse sales on Redfin →

[06] Score Breakdown

GDP Growth +1.2% 21 percentile
Population Growth +0.2% 38 percentile
Income Growth +8.9% 61 percentile
Vacancy Rate 0.7% 84 percentile
Home Price Change +1.9% 58 percentile
Rent Growth +1.2% 22 percentile
Price/Rent 18x 17 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Essex County, MA a good place to move to?

Essex County has a Boom Town Index score of 64/100, ranking #357 among 996 U.S. counties. With job growth at +0.6% and a median household income of $94,378, it's an above-average county on economic indicators.

Is Essex County affordable?

The median home value in Essex County is $535,300 with median rent at $1,580/month. The income-to-home-value ratio is 0.1763, which is less affordable than the national average.

Is Essex County growing or shrinking?

Population growth: +0.2% year-over-year. Job growth: +0.6%. Home values changed +1.9% in the past 12 months.

Are people moving to Essex County?

Yes — 2.29% of Essex County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Wayne County, OH 74 Franklin County, MO 74 Nye County, NV 74 Erie County, OH 74 Schuylkill County, PA 74 St. Clair County, IL 74 Elkhart County, IN 74 Linn County, IA 74