CostBy County

Cost of Living in Essex County, Virginia

$972/mo
Median Monthly Rent
$238,100
Median Home Value

At a Glance

Median Monthly Rent
$972/mo
17% below state average
Median Home Value
$238,100
28% below national
Census GRAPI
32.4%
Median gross rent as % of renter income

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Stretched
Median gross rent is 30–50% of renter household income

These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.

How Essex County Compares

Median monthly rent comparison

Essex County$972/mo
Virginia Average$1,170/mo
National Median$1,413/mo

Detailed Housing Stats

$972/mo
Median Gross Rent
$238,100
Median Home Value
$955/mo
Monthly Owner Cost
32.4%
Census GRAPI

National Ranking

Affordability Rank

Essex County ranks #2,068 of 3,142 counties for affordability (bottom 34%)

Most AffordableLeast Affordable

Sourced county brief

Essex County Rent-to-Income Percentage Reaches 32.4%

In Essex County, the official median gross rent as a percentage of household income (GRAPI) was 32.4%. This is 3.8 percentage points higher than the Virginia unweighted county mean GRAPI of 28.6%. The median gross rent for the county was estimated at $972 per month, which is below the state unweighted county mean of $1,170. Renter households had an estimated median income of $44,176. For owner-occupied properties, the median selected monthly owner cost was $955, while the state unweighted county mean was $1,190. The median home value in the county was $238,100, which is $57,708 lower than the Virginia unweighted county mean of $295,808. These figures from the 2020-2024 ACS 5-year estimates provide a statistical snapshot of housing costs relative to income levels for residents of the county. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Essex County

Affordability Verdict

ACS B25071 estimates median gross rent at 32.4% of renter household income in Essex County, which is between the 30% and 50% rent-burden benchmarks. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $972 per month; median selected monthly owner costs are $955. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $38,880 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.

Regional Context

The Virginia unweighted mean of county median rents is $1,170 per month. Essex County's $972 median is 16.9% below that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Essex County

$

Rent Burden

20.6%

of gross income

Max Housing (28% Rule)

$1,319

per month

Owner Cost Burden

20.3%

of gross income

The median home in Essex County may be a stretch

Median home value is $238,100. Estimated monthly cost: $1,901 vs. your max of $1,319.

Rent Affordability Guide

Your entered rent as a share of entered income20.6%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $56,520Needed: $38,880
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $56,520Needed: $40,929
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $56,520Needed: $55,412

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Essex County, Virginia?
Essex County, Virginia has a median monthly rent of $972/mo and a median home value of $238,100. The affordability rating is Stretched, with median gross rent equal to approximately 32.4% of renter household income.
What is the median rent in Essex County?
The median gross rent in Essex County is $972/mo. This is 17% below state average for Virginia.
Is Essex County affordable?
Essex County is rated Stretched using the Census median gross-rent-as-a-percentage-of-income measure of 32.4%. Median gross rent is 30–50% of renter household income.
How does Essex County's rent compare to the state average?
Essex County's median rent of $972/mo is 17% below state average of $1,170/mo for Virginia.
What is the median home value in Essex County?
The median home value in Essex County, Virginia is $238,100. This is 28% below the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

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