Essex, Illinois is a small, rural village with a population of just under 800 people. Here are a few potential benefits of owning a home in Essex:

1. Lower cost of living: The cost of living in Essex is typically lower than in many urban or suburban areas. This can translate to lower housing costs, property taxes, and overall expenses.

2. Investment potential: As property values increase over time, owning a home in a desirable area can be a good investment. Essex's small size and rural setting may limit the extent of value increases, but it's still possible to build equity over time.

3. Peaceful, natural setting: Essex is located in an area with many natural amenities, including rivers, forests, and parks. If you enjoy spending time outdoors or prefer a quieter lifestyle, living in Essex could be a good fit.

4. Tight-knit community: Small towns often have tight-knit communities where people know each other and support each other. If you value a strong sense of community, Essex could be a good place to live.

Keep in mind that every person's situation is different, and what might be a benefit to one person might not be as important to another. Before making any decisions about buying a home, it's important to do your own research and consider all of the factors that will affect your home ownership experience.