Financial Self-Sufficiency
Homeownership Rate


Homeownership Rate

Click on arrows to view the legend. Click map to view data.

What does this measure?

The percentage of all occupied housing units (not vacant) that are owner-occupied (not rented).

Why is this important?

Homeownership is an important factor for neighborhood stability and civic participation. A home is a vital financial asset for a family and an investment in both the local neighborhood and surrounding community.

How is our county doing?

In 2013-17, the homeownership rate in Essex County was 64%, level since 2000 and on par with the national rate and lower than the state rate. Although the rate in Essex County has remained steady overall, homeownership rates varied greatly among local communities. Some of the lowest rates were in the cities of Lawrence (28%), Lynn (44%) and Salem (51%). The highest rates were in the towns of Boxford (97%), Topsfield (95%) and West Newbury (93%).

How do we compare to similar counties?

Essex County's homeownership rate in 2013-17 was similar with Middlesex, MA and Westchester, NY, but lower than Lake, IL, at 73%. Similar to Essex, rates in Middlesex and Westchester changed little since 2000, while Lake, IL dropped 5 percentage points.

Notes about the data

Multiyear figures are from the Census Bureau's American Community Survey. The bureau combined five years of responses to the survey to provide estimates for smaller geographic areas and increase the precision of its estimates. The survey provides data on characteristics of the population that used to be collected only during the decennial census. However, because the information came from a survey, the samples responding to the survey were not always large enough to produce reliable results, especially in small geographic areas.

CGR has noted on data tables the estimates with relatively large margins of error. Estimates with three asterisks have the largest margins, plus or minus 50% or more of the estimate. Two asterisks mean plus or minus 35%-50%, and one asterisk means plus or minus 20%-35%. For all estimates, the confidence level is 90%, meaning there is 90% probability the true value (if the whole population were surveyed) would be within the margin of error (or confidence interval). Data for this indicator are released annually in December.

Homeownership Rate
20002008-122013-17
Essex County, MA64%64%64%
Amesbury74%70%
Beverly60%62%61%
Gloucester60%65%64%
Haverhill60%63%59%
Lawrence32%32%28%
Lynn46%47%44%
Methuen72%72%71%
Newburyport67%72%76%
Peabody71%64%65%
Salem49%49%51%
Andover79%81%80%
Boxford97%98%97%
Danvers77%71%70%
Essex70%64%80%
Georgetown86%85%80%
Groveland86%88%84%
Hamilton82%76%82%
Ipswich73%77%74%
Lynnfield94%89%88%
Manchester71%72%70%
Marblehead75%79%80%
Merrimac83%83%89%
Middleton86%87%86%
Nahant68%68%71%
Newbury81%79%83%
North Andover73%75%74%
Rockport64%70%71%
Rowley77%78%84%
Salisbury69%78%76%
Saugus80%77%81%
Swampscott77%77%78%
Topsfield89%92%95%
Wenham85%91%90%
West Newbury93%88%93%
Middlesex County, MA62%63%63%
Lake County, IL78%77%73%
Westchester County, NY60%62%62%
Massachusetts62%63%62%
United States66%66%64%

Source: U.S. Census Bureau
Notes: Multiyear results are from rolling American Community Survey. * Margin of error between 20% & 35% of estimate; ** margin of error between 35% & 50%; *** margin of error greater than 50%.




Number of Owner-occupied Housing Units
20002008-122013-17
Essex County, MA175,022183,078186,007
Amesbury4,9854,921
Beverly9,4569,5959,967
Gloucester7,5247,9238,246
Haverhill13,83815,11014,286
Lawrence7,8698,4577,330
Lynn15,31515,69014,670
Methuen11,89212,71612,549
Newburyport5,0265,3815,957
Peabody13,23113,63113,854
Salem8,5948,7209,277
Andover8,8919,8149,846
Boxford2,4962,6802,637
Danvers7,3707,3017,440
Essex9189101,149
Georgetown2,2162,3822,621
Groveland1,7762,0911,967
Hamilton2,1881,9802,197
Ipswich3,8574,2434,176
Lynnfield3,9483,6273,979
Manchester1,5361,4381,481
Marblehead6,4346,2296,621
Merrimac1,8502,0242,382
Middleton1,9742,2752,583
Nahant1,1101,0811,126
Newbury2,0252,0312,350
North Andover7,0737,6828,225
Rockport2,2442,1772,286
Rowley1,5091,7541,826
Salisbury2,1142,6482,722
Saugus7,9427,7378,242
Swampscott4,3784,3524,252
Topsfield1,8671,9362,120
Wenham1,0961,1911,236
West Newbury1,2941,2871,486
Middlesex County, MA346,591366,125371,697
Lake County, IL168,293184,999179,525
Westchester County, NY202,765214,097212,731
Massachusetts1,508,2481,595,9591,612,329
United States69,816,51375,484,66175,833,135

Source: U.S. Census Bureau
Notes: Multiyear results are from rolling American Community Survey. * Margin of error between 20% & 35% of estimate; ** margin of error between 35% & 50%; *** margin of error greater than 50%.




INDICATORS TREND | ESSEX COUNTY
Early Prenatal Care by Mother's Race/Ethnicity Not Applicable
Preterm Births Increasing
Infant Mortality Rate Maintaining
Children with Elevated Blood Lead Levels Decreasing
Children Living in Poverty Increasing
Children Living in Poverty by Race/Ethnicity Not Applicable
Child Abuse and Neglect Increasing
Disengaged Youth Decreasing
Live Births to Teen Mothers Decreasing
Youth Arrests Decreasing
Arts, Entertainment and Recreation Establishments Maintaining
Arts, Entertainment and Recreation Employment Maintaining
Tourism Spending Maintaining
Voter Participation Rate Increasing
Charitable Contributions Maintaining
Protected Land Not Applicable
Days with Good Air Quality Increasing
Beach Contamination Decreasing
Daily Water Use per Resident Decreasing
Crimes Against People Increasing
Crimes Against Property Increasing
Drug-Related Arrests Maintaining
Reports of Domestic Violence Increasing
Incarceration Rates Decreasing
Recidivism Decreasing
Households Without Vehicles Maintaining
Means of Transportation to Work Not Applicable
Traffic Injuries and Fatalities Maintaining
Households With Internet Access Increasing
Change in Total Population Increasing
Change in Population by Age/Gender Not Applicable
People 65 or Older Living Alone Decreasing
People with Disabilities Increasing
Households by Type Not Applicable
Single-Parent Families by Gender Not Applicable
Single-Parent Families by Race/Ethnicity Not Applicable
Change in Population by Race/Ethnicity Not Applicable
Foreign-Born Population Increasing
Language Diversity Increasing
Change in Total Jobs Increasing
Change in Jobs by Sector Not Applicable
Change in Average Salary Increasing
Change in Average Salary by Sector Not Applicable
Average Salary by Sector Not Applicable
Median Earnings by Occupation by Gender Not Applicable
People Entering/Leaving County for Work Not Applicable
Employer Size Not Applicable
Self-Employment Revenue Maintaining
Unemployment Rate Increasing
Unemployment Rate by Race/Ethnicity Not Applicable
Prekindergarten Participation Not Applicable
Female Enrollment in School Not Applicable
Chronically Absent Students Increasing
Per-Student Spending Maintaining
Bullying Maintaining
Student Performance on Grade 3 Reading Not Applicable
Student Performance on Grade 8 Math by Student Group Not Applicable
Student Performance on Grade 10 English Language Arts Not Applicable
Student Performance on Grade 10 Math Not Applicable
High School Cohort Graduation Rate Increasing
High School Cohort Graduation Rate by Student Group Not Applicable
Education Levels of Adults Not Applicable
Bachelor's Degree or Higher by Race/Ethnicity Not Applicable
Income in Relation to Poverty Level Not Applicable
People Living in Poverty by Race/Ethnicity Not Applicable
Median Household Income Maintaining
Median Household Income by Race/Ethnicity Not Applicable
Median Household Income by Household Type Not Applicable
Living Wage Rate by Household Type Not Applicable
Households Receiving Temporary Assistance Maintaining
Households Receiving Federal Food Assistance Increasing
Participation in Food Assistance by Race/Ethnicity Not Applicable
Earned Income Tax Credit Participation Maintaining
Economically Disadvantaged Students Increasing
Median Home Value Maintaining
Housing Affordability for Homeowners Increasing
Housing Affordability for Renters Increasing
Homeownership Rates Maintaining
Homeownership Rates by Race/Ethnicity Not Applicable
Homeless Persons Increasing
People Without Health Insurance Decreasing
Medical Care Expenses Maintaining
Prevalence of Children with Asthma Maintaining
Prevalence of Overweight Children Decreasing
Prevalence of Overweight Adults Not Applicable
Diabetes Incidence Decreasing
Chronic Disease Among Older Adults Increasing
Cancer Incidence Decreasing
Cancer Mortality Rate Decreasing
Heart Disease Mortality Rate Decreasing
Mortality Rate Decreasing
People who Smoke Not Applicable
Use of Illegal Drugs Not Applicable
Youth Use of Illegal Drugs Not Applicable
Substance Abuse Treatment Admissions Not Applicable
Drug Overdose Mortality Rate Increasing
Prevalence of Mental Illness Maintaining
Suicide Rate Maintaining