Places/MA/Essex County, MA
County profile

Essex County, MA

United States · GDP 2024
#98 of 3,127 US counties by GDP48th-percentile growthmore diversified than 93% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$60.7B
BEA · 2024
GDP growth (YoY)
+4.3%
BEA · 2024
Jobs tracked
287,960
Census CBP · 2023
Employers
19,988
Census CBP · 2023
Avg. wage
$74.1k
BLS QCEW · 2023
Population
826,653
Census PEP · 2025
Labor, income & education
Unemployment
4.3%
Median HH income
$101.9k±$1.5k
Bachelor's degree+
43.0%±0.7%
Poverty rate
9.4%±0.4%
Business applications
8,613 · 2025
Retail establishments
2,499
30.2/10k pop
Industry mix · employment
Health care27%
Manufacturing21%
Retail trade19%
Food & accommodation15%
Professional services9%
Admin & support9%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
826,653
residents · 2025 · +2.3% since 2020
Income per capita $86.9k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration20,560
International migration+33,438
Natural change+5,768

GDP trend

20192024 · nominal
$47.8B
2019
$47.1B
2020
$51.8B
2021
$55.0B
2022
$58.2B
2023
$60.7B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$619.1k±$4.0k
Median gross rent
$1.8k/mo±$23/mo
Vacancy rate
5.0%±0.3%
Affordability
8.3× wages
Residential permits
$275.6M
942 units · 1.1/1k pop
FEMA risk score
95.6
HUD Fair Market Rent (2BR):no HUD FMR published for this area
TOP PERILS · FEMA NRI
Coastal flooding 98Ice storm 97Lightning 95
FHFA HOUSE PRICE INDEX · 20162025
904
2016
967
2017
1019
2018
1067
2019
1102
2020
1227
2021
1391
2022
1484
2023
1571
2024
1647
2025
RESIDENTIAL PERMITS · 20212025
-45% since 2021
1,703
2021
856
2022
1,140
2023
1,011
2024
942
2025

Transport access

BTS · FAA · USACE
Nearest interstate
2.0 km
I-95
Nearest freight rail
3.5 km
Freight rail
Nearest port
17.6 km
BLANEY STREET PIER SALEM FERRY
Nearest commercial airport
34.6 km
GENERAL EDWARD LAWRENCE LOGAN INTL
Wage trend
BLS QCEW · 20192023
$74.1k
avg. annual pay · +20% since 2019
The read

What is the GDP of Essex?

Essex's economy produced $60.7B in 2024, growing 4.3% year over yearabout the middle of the pack among US counties. Its largest employment sector is health care.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.