Essex, MT
Population 57 · Montana
About Essex, MT
Essex is a small community located in Montana with a population of 57 residents according to the latest US Census Bureau American Community Survey data. The median household income is $73,393 per year, which is 2% below the national median of $75,149. The median age of 63.1 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Essex features a median home value of $329,200, which is 34% above the national median of $244,900. This positions Essex in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 109 total housing units, 100% are owner-occupied (33 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Essex shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 12.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Essex have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
45.6% of Essex residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Essex, MT
Compared to national averages, Essex has a median household income of $73,393 (2% below the national median of $75,149). Home values average $329,200, which is 34% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Montana, Essex's income is 12% above the state average of $65,821, and home values are 14% above the state median of $288,703.
Why Live in Essex, MT?
Essex offers rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%, and a well-educated community where 45.6% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 12.3%, better than the national average, and short commute times averaging just 0 minutes.
Potential considerations include median household income ($73,393) that falls below the national average. However, Essex’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Essex has a population of 57 with a median age of 63.1 years. Compare Essex with other cities to see how it stacks up, or explore all cities in Montana.
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Demographics
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Economy & Education
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Other Cities in Montana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Essex
What is the population of Essex, MT?
The population of Essex, MT is 57 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Montana.
What is the median household income in Essex?
The median household income in Essex, MT is $73,393 per year, which is 2% below the national median of $75,149.
What is the median home value in Essex?
The median home value in Essex, MT is $329,200, which is 34% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Essex?
The median monthly rent in Essex, MT is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Essex?
The unemployment rate in Essex, MT is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Essex, MT a good place to live?
Essex offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 57 and a median age of 63.1, the city appeals to established professionals and retirees.
How educated is Essex, MT?
45.6% of residents in Essex aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Essex?
Key cost-of-living indicators for Essex, MT: median home value is $329,200 (34% above national), median rent is $0/month, and median household income is $73,393. The home-value-to-income ratio is 4.5x, a moderate figure by national standards.
What is the poverty rate in Essex?
The poverty rate in Essex, MT is 12.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Essex, MT?
Essex's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.