25 / 100

Essex County, MA

RANK #744 / 1001 NAT  ·  #9 / 12 MA  ·  POP 813,054

1YR FORECAST: +0.1%

5YR OUTLOOK: +24%

Our model projects Essex County's housing market at +0.1% over the next year, underperforming most U.S. counties.

[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.

MARKET PROFILE

Educated Suburban Growth

Essex County is one of 110 U.S. counties in this market profile — weaker than typical on the BoomTown Index. Within this cohort, its recent home-price change of +1.7% runs below the profile's typical +2.4%.

See all 110 Educated Suburban Growth counties →

[02] Market Snapshot

Housing Ratio
19.8x

Overvalued relative to economy

Home Prices
+1.7%

Above national median

Climate & Terrain
1.4

Moderate climate & terrain

Price/Rent
20x

Above national median (15x)

Housing looks overvalued at 19.8x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Commonwealth of Massachusetts Government
    10,000+
  2. 2
    Whole Foods Market Retail
  3. 3
    Vinfen Healthcare
    1,000+
  4. 4
    Haffner's Retail
  5. 5
    Woodman's Hospitality
  6. 6
    Magical Beginnings Education
    100+

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Essex County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
813,054
+0.72% YoY
Median Household Income
$101,883
Median Home Value
$619,100
+1.71% 12mo
Median Rent
$1,756
Average Annual Pay
$78,104
+3.4% YoY
Employment
326,352
+0.8% YoY
Income-to-Home-Value
0.1646
Less affordable than average
Migration Inflow
2.24%
of pop. from another state
Bachelor's Degree+
43.0%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$717,000
Days on Market
21
Active market
Months of Supply
2.3
Seller's market
Sale-to-List Ratio
102.3%
Homes selling above asking
Sold Above List
58.9%
Listings w/ Price Drops
25.8%
Building Permits (2025)
942
Single-Family Permits
358

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

[05] Crime & Safety

A
SAFETY
GRADE
Homicide Rate
1.9
per 100K · nat avg 6.3
Firearm Fatalities
2.8
per 100K · nat avg 14.8
Injury Deaths
77.0
per 100K · nat avg 76.3
vs National Average
Well below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
41.0
Good
Good Air Days
73%
804 of 1,095 days
Unhealthy+ Days (3yr)
8
Sensitive groups affected
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
38
2022
41
2023
44
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Score Breakdown

Population Growth +0.7% 55 percentile
Income Growth +2.5% 41 percentile
Vacancy Rate 0.6% 87 percentile
Home Price Change +1.7% 51 percentile
Rent Growth +1.2% 22 percentile
Price/Rent 20x 16 percentile

Bars show percentile rank among all 1001 counties.

[08] Frequently Asked Questions

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

At 25/100, Essex County faces headwinds that place it in the lower third of the 1001 counties we track. Median income of $101,883 combined with job growth of +0.8% suggests the local economy is struggling to keep pace with national trends.

Is Essex County affordable?

Essex County leans toward the expensive side. A median home value of $619,100 against an income-to-home-value ratio of 0.16 means housing eats a bigger share of local earnings than the national norm. Renters face $1,756/month on average.

Is Essex County growing or shrinking?

Essex County's population is growing — up +0.7% YoY — while the job market is roughly flat (employment change of +0.8%). Home values shifted +1.7% over the past year. In-migration is outpacing local hiring, which often points to remote workers or retirees driving the headcount.

Are people moving to Essex County?

There's a moderate stream of newcomers. About 2.24% of residents moved from another state, which is above average and suggests Essex County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[09] Similar Counties by Size & Score

Norfolk County, MA 25 Suffolk County, MA 19 Worcester County, MA 32 Barnstable County, MA 36 Plymouth County, MA 38 Middlesex County, MA 12 Utah County, UT 25 DuPage County, IL 25