Essex Junction, VT
Population 10,720 · Vermont
About Essex Junction, VT
Essex Junction is a mid-sized city located in Vermont with a population of 10,720 residents according to the latest US Census Bureau American Community Survey data. The median household income is $94,423 per year, which is 26% above the national median of $75,149. The median age of 40.4 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Essex Junction features a median home value of $376,800, which is 54% above the national median of $244,900. This places Essex Junction in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,439, 24% above the national average of $1,163/month. Of the 4,852 total housing units, 61% are owner-occupied (2,891 units) and 39% are renter-occupied (1,825 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Essex Junction shows an unemployment rate of 1.9%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 6.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Essex Junction have an average one-way commute time of 20.3 minutes.
Education & Demographics
50.3% of Essex Junction 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, 0.1% Hispanic or Latino, 0.3% Black or African American, and 1.2% Asian residents, with 12.9% of the population being foreign-born.
How Essex Junction Ranks in Vermont
Cost of Living in Essex Junction, VT
Compared to national averages, Essex Junction has a median household income of $94,423 (26% above the national median of $75,149). Home values average $376,800, which is 54% above the national median. Monthly rent at $1,439 is 24% above the US average of $1,163. Within Vermont, Essex Junction's income is 29% above the state average of $72,974, and home values are 47% above the state median of $255,863.
Why Live in Essex Junction, VT?
Essex Junction offers a strong local economy with a median household income of $94,423, well above the national average, and a strong job market with an unemployment rate of just 1.9%, and a well-educated community where 50.3% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 6.6%, better than the national average, and short commute times averaging just 20.3 minutes.
Potential considerations include a competitive housing market where the typical home costs $376,800. However, Essex Junction’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Essex Junction has a population of 10,720 with a median age of 40.4 years. Compare Essex Junction with other cities to see how it stacks up, or explore all cities in Vermont.
Similar Cities Near Essex Junction
Cities in Vermont with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Bennington | 8,888 | $53,839 | $185,100 | Compare |
| Barre | 8,461 | $53,288 | $200,100 | Compare |
| Winooski | 8,198 | $77,020 | $350,700 | Compare |
| Montpelier | 8,038 | $79,175 | $349,200 | Compare |
| Brattleboro | 7,793 | $46,972 | $239,500 | Compare |
| Middlebury | 7,145 | $74,900 | $388,100 | Compare |
| St. Albans | 6,910 | $53,370 | $245,600 | Compare |
| Shelburne | 6,292 | $106,187 | $496,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Vermont
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Essex Junction With Other Cities
Frequently Asked Questions about Essex Junction
What is the population of Essex Junction, VT?
The population of Essex Junction, VT is 10,720 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Vermont.
What is the median household income in Essex Junction?
The median household income in Essex Junction, VT is $94,423 per year, which is 26% above the national median of $75,149.
What is the median home value in Essex Junction?
The median home value in Essex Junction, VT is $376,800, which is 54% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Essex Junction?
The median monthly rent in Essex Junction, VT is $1,439, which is 24% above the national average of $1,163/month.
What is the unemployment rate in Essex Junction?
The unemployment rate in Essex Junction, VT is 1.9%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Essex Junction, VT a good place to live?
Essex Junction offers above-average incomes, a competitive housing market, and a strong job market. With a population of 10,720 and a median age of 40.4, the city appeals to a broad range of residents.
How educated is Essex Junction, VT?
50.3% of residents in Essex Junction 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 Junction?
Key cost-of-living indicators for Essex Junction, VT: median home value is $376,800 (54% above national), median rent is $1,439/month, and median household income is $94,423. The home-value-to-income ratio is 4.0x, a moderate figure by national standards.
What is the poverty rate in Essex Junction?
The poverty rate in Essex Junction, VT is 6.6%, 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 Junction, VT?
Essex Junction's population is 0.0% White, 0.1% Hispanic or Latino, 0.3% Black or African American, 1.2% Asian, and 3.3% two or more races. 12.9% of residents are foreign-born.