Essex vs Cambridge
| Essex | Cambridge | |
|---|---|---|
| Population | 1,880 | 117,962 |
| Median Household Income | $161,250 | $130,748 |
| Median Home Value | $797,100 | $1,092,100 |
| Median Gross Rent | $1,866/mo | $2,787/mo |
| Homeownership Rate | 72.7% | 33.5% |
| Unemployment Rate | 2.2% | 3.4% |
| Bachelor's Degree or Higher | 63.8% | 80.8% |
| Median Age | 42.1 | 30.4 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.