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Cost of Living in Essex County, NY

Population 36,973 · Census ACS 2020–2024 5-year estimates

Median rent$934
Median home value$211,900
Median household income$71,661

The median rent in Essex County, NY is $934/month, 42% lower than the New York median and 34% lower than the U.S. median. The median home value is $211,900, 36% lower than the national median. Households earn a median of $71,661 a year, 17% lower than the state median.

Affordability

Rent as a share of median income: 15.6%
Income needed for median rent (30% rule): $37,360/yr
Home price-to-income ratio: 3.0×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,071/mo

Run your own numbers: mortgage calculator · hourly to salary

Essex County vs. New York vs. U.S.

Essex CountyNew YorkU.S.
Median rent$934$1,621$1,413
Median home value$211,900$423,800$332,700
Median household income$71,661$85,974$80,734
Homeownership rate77.3%54.3%65.2%
Bachelor's degree or higher32.8%40.2%35.7%
Poverty rate11.2%14.0%12.5%
Unemployment rate4.0%6.4%5.2%
Work from home13.2%14.9%15.1%
Median age49.939.838.9

FAQ

What is the average rent in Essex County, NY?

The median gross rent in Essex County, NY is $934 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Essex County, NY?

Using the common 30% rule, renting a median-priced home takes about $37,360 a year in gross income.

Is Essex County, NY expensive to live in?

Rent there is 34% lower than the U.S. median, and the median home costs about 3.0 times the median household income.

Other counties in New York

Kings County, NYRent $1,833 · Income $80,263Queens County, NYRent $1,956 · Income $86,136New York County, NYRent $2,197 · Income $103,931Suffolk County, NYRent $2,255 · Income $130,686Bronx County, NYRent $1,458 · Income $48,676Nassau County, NYRent $2,252 · Income $146,202

Counties with a similar cost of living

Erie County, OHRent $933 · Income $71,993Marshall County, INRent $938 · Income $71,808Sheridan County, WYRent $939 · Income $71,388Peach County, GARent $940 · Income $71,293Franklin County, TXRent $936 · Income $72,360Southampton County, VARent $930 · Income $70,795

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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