Essex County, Massachusetts
Income Data
At a Glance
How Essex County Compares
Detailed Income Statistics
Data Story
About Household Income in Essex County, Massachusetts
Essex County earns well above U.S. average
Essex County's median household income of $99,431 runs 33% higher than the national median of $74,755, placing it among the nation's most prosperous regions. This strong performance reflects a regional economy anchored by biotech, finance, healthcare, and professional services concentrated in the Route 128 corridor.
Second-wealthiest county in Massachusetts
Essex County's $99,431 median exceeds the state average of $96,546 by 3%, ranking second statewide behind only Dukes County. The county's position reflects its role as home to Boston's northern suburbs and a major hub for high-wage professional and technical employment.
Leads greater Boston income rankings
Essex County's $99,431 median outpaces Barnstable County ($94,452) and significantly exceeds Bristol County ($84,198) and Hampshire County ($86,391). Only Martha's Vineyard-based Dukes County commands higher household incomes across Massachusetts.
High income offset by elevated housing costs
With a 20.2% rent-to-income ratio and median home values at $584,000, Essex County residents face substantial housing burdens despite strong earnings. The county's proximity to Boston and thriving job market drive property costs that consume a meaningful portion of household income.
Invest surplus earnings for future security
Essex County's high incomes provide real capacity for wealth-building beyond housing costs, making strategic investment critical. Diversifying into stocks, bonds, real estate, and retirement accounts can help households leverage their earnings advantage into lasting intergenerational wealth.
Frequently Asked Questions
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Income Comparison Calculator
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County median: $99,431 per year
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vs. State Average
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vs. National Median
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.