salaryEssex Junction is the 4th-largest city in Vermont that we track, with 10,803 residents. Rent is higher than in 60% of U.S. cities. A typical house costs about 4.2 years of household income. Commutes are short, about 19.2 minutes.
How much money do I need?
To rent here comfortably, you should earn about $73,600 a year. That is $35 an hour at a full-time job.
Is rent cheaper than other Vermont cities?
No. Rent here is more expensive than in most of Vermont. It is number 9 of 13 cities from cheapest to most expensive.
How much do households earn in Essex Junction?
Share of households by yearly income. 36.7% of households earn $100,000 or more.
Rent by apartment size in Essex Junction
| Size | Essex Junction | U.S. average |
|---|---|---|
| Studio | $1,274 | $1,338 |
| 1 bedroom | $1,386 | $1,324 |
| 2 bedrooms | $1,891 | $1,509 |
| 3 bedrooms | $1,355 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Essex Junction overall?
Everyday prices in Vermont overall are 2% below the U.S. average (index 98.0, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Essex Junction, so the Vermont figure is shown.
Taxes and bills in Essex Junction
Life in Essex Junction
Is it cheaper to rent or buy in Essex Junction?
Renting is cheaper right now: about $987 a month less.
Owning assumes a typical $407,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $40,750 for the down payment.
Frequently asked questions
What is the average rent in Essex Junction, VT?
Renting in Essex Junction costs a median of about $1,840 a month in 2026, including utilities. The Vermont median is $1,655.
How much do I need to make to live in Essex Junction?
To keep rent under 30% of income, you need about $73,600 a year, or $35 an hour at a full-time job.
Is Essex Junction cheap or expensive?
Essex Junction is rated OK: rent takes 22.9% of the typical household income of $96,264. It ranks 9th cheapest of 13 Vermont cities we track.
How much are property taxes in Essex Junction?
The median homeowner in Essex Junction pays $6,797 a year in property taxes, about 1.67% of the median home value.
Is Essex Junction more expensive than the national average?
Overall prices in Vermont are 2% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Essex Junction?
The median home value in Essex Junction is $407,500, about 4.2 times the typical yearly household income.
10,803 people live in Essex Junction. Numbers are typical (middle) values.