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Real Estate Prices & Overview

Essex Village median real estate price is $1,023,543, which is more expensive than 92.0% of the neighborhoods in Connecticut and 90.6% of the neighborhoods in the U.S.

The average rental price in Essex Village is currently $2,111, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 72.1% of Connecticut neighborhoods.

Essex Village is a rural neighborhood (based on population density) located in Essex, Connecticut.

Essex Village real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Essex Village neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.

Home and apartment vacancy rates are 6.9% in Essex Village. NeighborhoodScout analysis shows that this rate is lower than 54.2% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Essex, the Essex Village neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

If you are planning to retire in Connecticut, this neighborhood should be on your must-see list. For many reasons, Essex Village may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Connecticut, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 98.0% of neighborhoods in CT. If a Connecticut retirement is in your future, this neighborhood should be one of the places you visit. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for urban sophisticates, highly educated executives and college students.

In addition, the rate of college educated adults in the Essex Village neighborhood is a unique characteristic of the neighborhood. 74.1% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 34.3% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 95.7% of all U.S. neighborhoods.

Diversity

Did you know that the Essex Village neighborhood has more Lithuanian and Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.5% of this neighborhood's residents have Lithuanian ancestry and 25.0% have Irish ancestry.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Essex Village neighborhood in Essex are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 82.3% of the neighborhoods in America. With 12.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 55.7% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Essex Village neighborhood, 62.8% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 16.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (15.8%), and 8.1% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the Essex Village neighborhood is English, spoken by 96.2% of households.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Essex Village neighborhood in Essex, CT, residents most commonly identify their ethnicity or ancestry as Irish (25.0%). There are also a number of people of Italian ancestry (18.5%), and residents who report English roots (16.0%), and some of the residents are also of Polish ancestry (10.4%), along with some German ancestry residents (7.3%), among others. In addition, 11.7% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Essex Village neighborhood spend under 15 minutes commuting one-way to work (44.4% of working residents), one of the shortest commutes across America.

Here most residents (65.4%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (6.5%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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