Cost of Living in Essex Junction, VT
Population 10,720 · Vermont · Data vintage 2023
(100 = US avg)
Essex Junction is a smaller Vermont community of around 11000 residents, where median household incomes of $94,423 and housing costs ($377,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. The labor market has been unusually tight, with unemployment around 1.9% — below most comparable cities in the state.
Located 130 miles north of Albany, Essex Junction is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 69% higher than Albany's $223,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Essex Junction
The median home value in Essex Junction is $376,800 — 24% above the national median of $305,000. Median rent runs $1,439/month, 10% higher than the national median of $1,314/month. The median household income of $94,423/year is 27% higher than the US median of $74,580. The local unemployment rate is 1.9%, below the national average of 4.8%. Vermont's top state income tax rate is 8.8% and the combined sales tax is 6.2%. The climate averages highs of 56.6°F and lows of 38.6°F, with about 87.5" of annual snowfall. Overall, Essex Junction has a cost of living index of 118 versus the US average of 100, meaning it is 18% more expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 29 | 32 | 41 | 55 | 69 | 78 | 82 | 81 | 73 | 59 | 46 | 35 |
| Low °F | 13 | 14 | 24 | 36 | 48 | 57 | 62 | 61 | 53 | 42 | 32 | 21 |
| Precip" | 2.13 | 1.77 | 2.24 | 3.07 | 3.76 | 4.26 | 4.06 | 3.54 | 3.67 | 3.83 | 2.70 | 2.50 |
| Snow" | 21.1 | 19.3 | 17.5 | 4.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.3 | 5.7 | 19.5 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Essex Junction, VT?
Essex Junction has a cost index of 118 (100 = national average). It is 18% above the national average.
What is average rent in Essex Junction, VT?
The median gross rent in Essex Junction is $1,439 per month based on 2023 Census data.
What is the average home price in Essex Junction?
The median home value in Essex Junction is $376,800 according to 2023 Census ACS data.
What is the median income in Essex Junction?
The median household income in Essex Junction is $94,423 per year (2023 ACS 5-year estimates).
What is the sales tax in Essex Junction, VT?
The combined state and local sales tax rate in Essex Junction is 6.2%. The Vermont state income tax top rate is 8.8%.
Is Essex Junction, VT affordable?
Essex Junction is above average in cost of living, with an index of 118 — about 18% higher than the national average.
What is the weather like in Essex Junction?
Essex Junction has average high temperatures of 56.6°F and average lows of 38.6°F. Annual precipitation is 37.5". Average annual snowfall is 87.5". Data from NOAA 1991–2020 Climate Normals.
Essex Junction at a Glance
- Population
- 10,720
- Median Income
- $94,423
- Home Value
- $376,800
- Median Rent
- $1,439/mo
- Unemployment
- 1.9%
- Avg High Temp
- 56.6°F
- Sales Tax
- 6.2%
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