Lowell, Massachusetts Housing

Lowell, Massachusetts has a population of 115,000, with a median household income of $94,000.

Current housing data for Lowell.

$520,000

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Population

115,000

💰

Median Income

$94,000

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Unemployment

4.70%

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Housing Price

$520,000

🚨

Crime Rate

3.50

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Internet Speed

342.00 Mbps

Situated in Massachusetts, Lowell provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Lowell has a population of 115,000, which is higher than the state average. This indicates a relatively larger urban presence within Massachusetts.

Income and Economy

The median household income in Lowell is $94,000, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Lowell is about $520,000, making it relatively affordable compared to many cities in Massachusetts.

Employment and Safety

The unemployment rate in Lowell is 4.70%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Lowell are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Massachusetts, Lowell shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Lowell offers a balanced mix of economic conditions, population trends, and housing opportunities within Massachusetts.

Frequently Asked Questions about Lowell

What is the population of Lowell?

The population of Lowell is approximately 115,000.

Is Lowell a good place to live?

Lowell offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Lowell?

The median household income in Lowell is around $94,000.

How expensive is housing in Lowell?

The average housing price in Lowell is approximately $520,000.