Lowell, MA
Maps & Population Facts
Population
110,964
Population Density
8,155
Labor Participaton
65.5%
Bachelor's or Higher
22.6%
Median Household Income
$48,581
Median Individual Income
$30,552
Median Individual Income(Full-time Workers Only)
$42,675
Housing Estimates
Median House Value
$240,500
Median Gross Rent
$1,089
Median Mortgage Payment
$1,708
Housing Units
41,489
People who reside in Lowell live in:
Detached - Single Family Homes
32%
Apt, Condo, Other
68%
Analysis
Income
Households in Lowell earn signifcantly less money than the national median income, averaging 19% less per household.
Housing
Lowell has a median house price of $240,500. The cost of homeownership is slightly higher than most areas. The cost of renting in Lowell is 8% more than the national average.
| Percent | |
|---|---|
| Renter Occupied Households | 38% |
| New Construction (Built after 2000) | 6% |
Demographics
The median age in Lowell is 33. Lowell has a population that is significantly younger than in comparison to the US median age.
Lowell 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
| Lowell | Massachusetts | USA | |
| Median Property Value | 240,500 | 385,400 | 217,600 |
| Median Mortgage Payment | 1,708 | 2,108 | 1,513 |
| Median Gross Rent | 1,089 | 1,208 | 1,012 |
| Property Vacancy | 6.1% | 10.0% | 12.6% |
| % Renters | 58% | 38% | 36% |
| Residents per Sq. Mi. | 8,155 | 885 | 93 |
Personal Comparison
| Lowell | Massachusetts | USA | |
| Median Household Income | 48,581 | 77,385 | 60,336 |
| Median Individual Income | 30,552 | 41,700 | 33,646 |
| Median Income (Full-Time) | 42,675 | 60,923 | 46,881 |
| Median Age | 33.3 | 39.5 | 38.1 |
| Labor Participation | 65.5% | 67.8% | 62.8% |
| Attained College Degree | 22.6% | 43.4% | 32.0% |
Population Density Analysis
Lowell, MA
8,155
Residents per Sq. Mile
The population density of Lowell is comparable to that of a Mid-Sized 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 +