Lawrence, MA
Maps & Population Facts
Population
79,497
Population Density
11,470
Labor Participaton
66.2%
Bachelor's or Higher
11.3%
Median Household Income
$39,627
Median Individual Income
$24,608
Median Individual Income(Full-time Workers Only)
$32,265
Housing Estimates
Median House Value
$238,200
Median Gross Rent
$1,067
Median Mortgage Payment
$1,728
Housing Units
27,530
People who reside in Lawrence live in:
Detached - Single Family Homes
18%
Apt, Condo, Other
82%
Analysis
Income
Households in Lawrence earn signifcantly less money than the national median income, averaging 34% less per household.
Housing
Lawrence has a median house price of $238,200. The cost of homeownership is comparable with other areas. The cost of renting in Lawrence is 5% more than the national average.
| Percent | |
|---|---|
| Renter Occupied Households | 38% |
| New Construction (Built after 2000) | 4% |
Demographics
The median age in Lawrence is 31. Lawrence has a population that is significantly younger than in comparison to the US median age.
Lawrence ranks in the lowest of the nation for having an educated population and has significantly less college graduates per resident than most areas.
Housing Data
Housing Comparison
| Lawrence | Massachusetts | USA | |
| Median Property Value | 238,200 | 385,400 | 217,600 |
| Median Mortgage Payment | 1,728 | 2,108 | 1,513 |
| Median Gross Rent | 1,067 | 1,208 | 1,012 |
| Property Vacancy | 6.2% | 10.0% | 12.6% |
| % Renters | 72% | 38% | 36% |
| Residents per Sq. Mi. | 11,470 | 885 | 93 |
Personal Comparison
| Lawrence | Massachusetts | USA | |
| Median Household Income | 39,627 | 77,385 | 60,336 |
| Median Individual Income | 24,608 | 41,700 | 33,646 |
| Median Income (Full-Time) | 32,265 | 60,923 | 46,881 |
| Median Age | 31.4 | 39.5 | 38.1 |
| Labor Participation | 66.2% | 67.8% | 62.8% |
| Attained College Degree | 11.3% | 43.4% | 32.0% |
Population Density Analysis
Lawrence, MA
11,470
Residents per Sq. Mile
The population density of Lawrence is comparable to that of a Major City.
Major City
10,000 Residents +
Mid-Sized City
5,000 Residents +
Small City
2,500 Residents +
Suburban
500 Residents +
Rural
100 Residents +
Remote
1 Residents +