Essex, MA County is a great place to live. Located in northeastern Massachusetts, the county boasts beautiful scenery and a thriving economy. Home to major employers such as Raytheon, Hanscom Air Force Base, and Charles River Laboratories, Essex offers plenty of opportunities for career growth. Additionally, the cost of living is relatively low compared to other parts of the country—2 bedroom rent averages around $2,380 per month and the local grocery cost index is 110 compared to 100 nationally. It's no wonder why so many people are flocking to Essex for work and leisure alike.
Essex County has an unemployment rate of 7.4%. The US average is 6.0%.
Essex County has seen the job market decrease by -9.4% over the last year. Future job growth over the next ten years is predicted to be 38.7%, which is higher than the US average of 33.5%.
Tax Rates for Essex County
- The Sales Tax Rate for Essex County is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Essex County is 5.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Essex County
- The average income of a Essex County resident is $46,263 a year. The US average is $37,638 a year.
- The Median household income of a Essex County resident is $86,684 a year. The US average is $69,021 a year.