Living in Lawrence, Massachusetts
Cost of living, income, home prices, rent and demographics of Lawrence · Census data 2020–2024
Lawrence has 88,736 residents with a median age of 32.6. The median household income is $60,433 (42% lower than the Massachusetts median), the median home value is $415,200, the median rent is $1,662/month.
Lawrence at a glance
- Population
- 88,736
- Median age
- 32.6State: 40
- Median household income
- $60,433State: $103,960
- Median home value
- $415,200State: $562,100
- Median rent
- $1,662/moState: $1,762
- Homeowners
- 28.1%
- Bachelor's degree or higher
- 16.8%
- Average commute
- 23 min
Is Lawrence a good place to live?
Pros: Home values 26% lower than the state median; an average commute of 23 minutes.
Cons: Median household income 42% lower than the Massachusetts median; unemployment of 8.5%; a poverty rate of 17.6%.
The weather is best in June to September.
Cost of living in Lawrence
Housing is the biggest part of the cost of living. In Lawrence the median home value is $415,200, 25% higher than the U.S. median. Renters pay a median of $1,662 per month, which is 34.9% of household income. Homeowners with a mortgage pay $2,207 a month in housing costs.
Lawrence median household income
The median household income in Lawrence is $60,433 and the income per person is $28,249. 17.6% of residents live below the poverty line (Massachusetts: 10%).
Housing in Lawrence: homes for sale and rent
- Housing units
- 31,845
- Owner-occupied
- 28.1%
- Renter-occupied
- 71.9%
- Vacant
- 2.2%Includes seasonal homes
- Median year built
- 1950
- Average household size
- 2.82
Lawrence demographics
- Population
- 88,736
- Median age
- 32.6
- Under 18
- 26.3%
- 65 and older
- 10.5%
- Households
- 31,142
- Foreign-born
- 44.6%
- Veterans
- 1.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Lawrence ›
Education in Lawrence
16.8% of adults 25 and older in Lawrence have a bachelor's degree or higher (Massachusetts: 47.3%), and 5.1% have a graduate or professional degree.
Jobs and commute in Lawrence
- Unemployment rate
- 8.5%State: 5.2%
- Average commute
- 23 minState: 29 min
- Work from home
- 6.8%
- Drive alone
- 66.3%
- Public transit
- 3.6%
- Walk to work
- 2.6%
- Homes with broadband
- 84.9%
Lawrence vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lawrence | 88,736 | $60,433 | $415,200 | $1,662 |
| Methuen | 53,475 | $113,310 | $499,700 | $1,749 |
| Andover | 36,652 | $172,606 | $855,600 | $2,201 |
| North Andover | 31,490 | $140,670 | $732,900 | $2,223 |
| Boxford | 8,208 | $200,871 | $907,000 | $776 |
| Salem | 30,964 | $110,490 | $473,300 | $1,625 |
| Haverhill | 67,698 | $88,326 | $453,900 | $1,668 |
| Tewksbury | 31,273 | $128,061 | $573,600 | $2,310 |
| Dracut | 32,574 | $114,036 | $473,900 | $1,839 |
More for people moving to Lawrence
Lawrence ZIP code ›Weather and climate ›Living in Lawrence: FAQ
What is the median household income in Lawrence, MA?
The median household income in Lawrence is $60,433, 42% lower than the Massachusetts median of $103,960 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Lawrence?
The median home value in Lawrence is $415,200, compared with $562,100 in Massachusetts.
How much is rent in Lawrence?
The median gross rent in Lawrence is $1,662 per month, about 34.9% of household income.
Is Lawrence, MA a good place to live?
Pluses: home values 26% lower than the state median; an average commute of 23 minutes. Minuses: median household income 42% lower than the Massachusetts median; unemployment of 8.5%; a poverty rate of 17.6%.
What is the median age in Lawrence?
The median age in Lawrence is 32.6 years (Massachusetts: 40).
How long is the commute in Lawrence?
The average commute to work in Lawrence is 23 minutes; 6.8% of workers work from home.
What is the unemployment rate in Lawrence?
The unemployment rate in Lawrence is 8.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lawrence?
16.8% of adults in Lawrence have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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