The minimum wage in Essex is $13.67/hour in 2026. See how it compares to the MIT living wage of $21.00/hour and local cost of living.
Last updated: May 2026 · Data: MIT Living Wage Calculator, C2ER, U.S. Census, BLS, IRS, state and city sources
Calculate annual, monthly, and weekly income at any hourly wage in Essex.
The minimum wage in Essex is the Vermont statewide minimum of $13.67/hour. Essex does not set a separate town minimum wage, so the Vermont statewide minimum of $13.67/hour applies; Vermont indexes the rate to inflation each January. The bigger question for most workers is how that compares to what it actually costs to live in Essex. With average 1-bedroom rent near $1,550/month and a cost-of-living index of 112 (US average = 100), the gap between the minimum wage and a true living wage is significant.
| Benchmark (Essex, 2026) | Hourly | Annual (full-time) |
|---|---|---|
| Applicable minimum wage | $13.67 | $28,434 |
| MIT living wage (single adult) | $21.00 | $43,680 |
| MIT living wage (family of four, one earner) | $42.50 | $88,400 |
| Federal minimum wage | $7.25 | $15,080 |
| Average rent (1-bedroom, annual) | - | $18,600 |
Living wage figures: MIT Living Wage Calculator for Chittenden County. Minimum wage reflects the rate applicable to most private employers in Essex.
Essex is home to the largest GlobalFoundries semiconductor manufacturing campus in Vermont, the state's single biggest private employer, and sits in the Burlington metro with a strong technology, manufacturing, and residential base.
| Local Metric | Essex (2026 estimate) |
|---|---|
| Metro population | 22,000 |
| County / jurisdiction | Chittenden County |
| Cost of living index (US avg = 100) | 112 |
| MIT living wage, single adult | $21.00/hour |
| MIT living wage, one earner supporting a family of four | $42.50/hour |
| Applicable minimum wage | $13.67/hour |
| Average rent, 1-bedroom | $1,550/month |
| Average rent, 2-bedroom | $1,950/month |
| Median home price | $440,000 |
| Median household income | $85,000/year |
| Combined sales tax rate | 7% |
| Effective property tax rate | 1.85% of value/year |
Local figures are 2026 estimates compiled from the MIT Living Wage Calculator, the C2ER Cost of Living Index, U.S. Census and Zillow housing data, and city and county sources. Verify current figures before relying on them.
The minimum wage in Essex is the Vermont statewide minimum of $13.67/hour. Essex does not set a separate town minimum wage, so the Vermont statewide minimum of $13.67/hour applies; Vermont indexes the rate to inflation each January. A full-time worker (40 hours/week, 52 weeks) earns about $28,434 per year gross before taxes at that rate.
Not for a single adult. The MIT Living Wage Calculator estimates a single adult in Chittenden County needs about $21.00/hour (roughly $43,680/year) to cover basic costs. That is $7.33/hour above the applicable minimum wage, and a one-earner family of four needs closer to $42.50/hour.
At $13.67/hour, full-time work (2,080 hours/year) produces about $28,434 gross. Part-time at 30 hours/week is roughly $21,325/year. Average 1-bedroom rent in Essex is about $1,550/month, or $18,600/year.
Essex does not set a separate town minimum wage, so the Vermont statewide minimum of $13.67/hour applies; Vermont indexes the rate to inflation each January.
The federal minimum wage is $7.25/hour and has not changed since 2009. Vermont has set a state minimum wage of $13.67/hour, indexed to inflation and above the federal floor, and that rate applies in Essex.