Housing costs in Essex Junction?
A typical home costs
$394,600, which is 16.7% more expensive than the national average of
$338,100 and 14.5% more expensive than the average Vermont home, at
$344,600. Renting a two-bedroom unit in Essex Junction costs
$1,620 per month, which is 13.3% more than the national average of
$1,430 and 20.4% more than the state average of
$1,290.
Can I afford Essex Junction?
To live comfortably in Essex Junction (zip 05452), Vermont, a minimum annual income of
$75,600 for a family, and
$49,600 for a single person is recommended.
What does A.I. say about Essex Junction?
Essex Junction, VT is an affordable place to live with a cost of living that is 3.7% lower than the national average. The median household income in this area is $67,250 which is 5.2% higher than the US average. Transportation costs tend to be slightly higher than the rest of the country due to its location in a rural area of Vermont. The median home price is $270,500 and overall housing costs are quite reasonable when compared to other parts of the US. Food expenses are also relatively low here due to the abundance of local produce and goods available locally as well as nearby in Burlington and Montreal, Canada. In conclusion, living in 05452 Essex Junction, VT is quite affordable and provides residents with many opportunities for entertainment and dining experiences that can fit into almost any budget.