Lynn, MA
Maps & Population Facts
Population
93,069
Population Density
8,662
Labor Participaton
68.2%
Bachelor's or Higher
19.6%
Median Household Income
$53,513
Median Individual Income
$31,994
Median Individual Income(Full-time Workers Only)
$41,368
Housing Estimates
Median House Value
$279,400
Median Gross Rent
$1,098
Median Mortgage Payment
$1,980
Housing Units
34,537
People who reside in Lynn live in:
Detached - Single Family Homes
34%
Apt, Condo, Other
66%
Analysis
Income
Households in Lynn earn less money than the national median income, averaging 11% less per household.
Housing
Lynn has a median house price of $279,400. The cost of homeownership is slightly higher than most areas. The cost of renting in Lynn is 8% more than the national average.
Percent | |
---|---|
Renter Occupied Households | 38% |
New Construction (Built after 2000) | 4% |
Demographics
The median age in Lynn is 35. Lynn has a population that is younger than in comparison to the US median age.
Lynn 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
Lynn | Massachusetts | USA | |
Median Property Value | 279,400 | 385,400 | 217,600 |
Median Mortgage Payment | 1,980 | 2,108 | 1,513 |
Median Gross Rent | 1,098 | 1,208 | 1,012 |
Property Vacancy | 4.5% | 10.0% | 12.6% |
% Renters | 56% | 38% | 36% |
Residents per Sq. Mi. | 8,662 | 885 | 93 |
Personal Comparison
Lynn | Massachusetts | USA | |
Median Household Income | 53,513 | 77,385 | 60,336 |
Median Individual Income | 31,994 | 41,700 | 33,646 |
Median Income (Full-Time) | 41,368 | 60,923 | 46,881 |
Median Age | 34.5 | 39.5 | 38.1 |
Labor Participation | 68.2% | 67.8% | 62.8% |
Attained College Degree | 19.6% | 43.4% | 32.0% |
Population Density Analysis
Lynn, MA
8,662
Residents per Sq. Mile
The population density of Lynn 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 +