Essex, Connecticut Median Income

Essex, Connecticut has a population of 6,854, with a median household income of $115,432.

Current median income data for Essex.

$115,432

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Population

6,854

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Median Income

$115,432

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Unemployment

3.30%

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Housing Price

$845,231

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Crime Rate

1.80

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Internet Speed

240.00 Mbps

Essex is a small local community located in Connecticut. The city has a population that is below the average city population in Connecticut, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in Connecticut, Essex provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Essex has a population of 6,854, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Essex is $115,432, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Essex average around $845,231, which is relatively high compared to other cities in Connecticut.

Employment and Safety

The unemployment rate in Essex is 3.30%, which is lower than the state average, indicating a relatively strong job market. Essex has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Connecticut, Essex shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Essex continues to play a role in shaping regional trends in Connecticut, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Essex

What is the population of Essex?

The population of Essex is approximately 6,854.

Is Essex a good place to live?

Essex offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Essex?

The median household income in Essex is around $115,432.

How expensive is housing in Essex?

The average housing price in Essex is approximately $845,231.