Essex vs Springfield
| Essex | Springfield | |
|---|---|---|
| Population | 1,880 | 155,305 |
| Median Household Income | $161,250 | $52,656 |
| Median Home Value | $797,100 | $245,000 |
| Median Gross Rent | $1,866/mo | $1,144/mo |
| Homeownership Rate | 72.7% | 49.6% |
| Unemployment Rate | 2.2% | 8.7% |
| Bachelor's Degree or Higher | 63.8% | 20.5% |
| Median Age | 42.1 | 33.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.