Essex, MA (01929) is a coastal town located in Essex County. It is home to about 4,000 people and offers a variety of amenities and activities. The 2 Bedroom Rent in the area is $2,220 compared to the US average rent of $1,430. Additionally, the Grocery Cost Index in Essex is 111 versus the national average of 100. There are many local companies that offer services and products to residents in Essex. These companies include South Shore Seafood Market, which provides fresh seafood year-round; Haverhill Rovers Brewery, which brews craft beer for locals; and Cape Ann Soap Company, a Bath & Body business that sells handmade soaps and lotions. All three businesses have been established for several years and provide quality goods to their customers.
Essex (zip 01929) has an unemployment rate of 7.4%. The US average is 6.0%.
Essex (zip 01929) has seen the job market increase by 4.0% 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 (zip 01929)
- The Sales Tax Rate for Essex (zip 01929) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Essex (zip 01929) 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 (zip 01929)
- The average income of a Essex (zip 01929) resident is $48,054 a year. The US average is $28,555 a year.
- The Median household income of a Essex (zip 01929) resident is $115,670 a year. The US average is $69,021 a year.