Essex County
ZIP 05903
Median home value
$167,500
ACS 5-Year
Cap rate proxy
6.6%
FMR × 0.65 ÷ Home Value
Rent-to-income
18.6%
HUD FMR ÷ ACS HHI
Net migration
+1.62%
IRS SOI
Permits (TTM)
11
Census BPS
Climate risk
3.2
FEMA NRI (0–100)
Median home value
$167,500
Gross yield
7.2%
Cap rate
6.6%
Rent gap
9.1%
Affordability
Section 8 detail
Numbers repeat across most ZIPs in this county
ZIP-level home-value data isn't published for rural areas. Federal sources (Census ACS, HUD non-metro FMR) are available at the county level only, so home-value, cap-rate, and rent-gap numbers use the county estimate for every ZIP in the county.
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate | Rent gap |
|---|---|---|---|---|---|
| 05824 | $245,872 | $1,007 | 4.9% | 4.5% | 9.1% |
| 05837 | $167,500county est. | $1,007 | 7.2% | 6.6% | 9.1% |
| 05840 | $167,500county est. | $1,007 | 7.2% | 6.6% | 9.1% |
| 05846 | $224,416 | $1,007 | 5.4% | 4.9% | 9.1% |
| 05858 | $167,500county est. | $1,007 | 7.2% | 6.6% | 9.1% |
Ranked by composite score
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Owner-occupied
83.2%
Census ACS
Vacancy rate
44.5%
Census ACS
Bachelor's degree +
21.2%
Census ACS
Rent burdened
38.8%
Census ACS (>30% income)
Median age
51.4
Census ACS