Living in Lowell, Massachusetts
Cost of living, income, home prices, rent and demographics of Lowell · Census data 2020–2024
Lowell has 118,368 residents with a median age of 35.6. The median household income is $78,658 (24% lower than the Massachusetts median), the median home value is $429,200, the median rent is $1,625/month.
Lowell at a glance
- Population
- 118,368
- Median age
- 35.6State: 40
- Median household income
- $78,658State: $103,960
- Median home value
- $429,200State: $562,100
- Median rent
- $1,625/moState: $1,762
- Homeowners
- 43.2%
- Bachelor's degree or higher
- 30%
- Average commute
- 28 min
Is Lowell a good place to live?
Pros: Home values 24% lower than the state median; an average commute of 28 minutes.
Cons: Median household income 24% lower than the Massachusetts median; unemployment of 5.7%; a poverty rate of 16.9%.
The weather is best in June to September.
Cost of living in Lowell
Housing is the biggest part of the cost of living. In Lowell the median home value is $429,200, 29% higher than the U.S. median. Renters pay a median of $1,625 per month, which is 31.1% of household income. Homeowners with a mortgage pay $2,334 a month in housing costs.
Lowell median household income
The median household income in Lowell is $78,658 and the income per person is $36,400. 16.9% of residents live below the poverty line (Massachusetts: 10%).
Housing in Lowell: homes for sale and rent
- Housing units
- 44,850
- Owner-occupied
- 43.2%
- Renter-occupied
- 56.8%
- Vacant
- 3.7%Includes seasonal homes
- Median year built
- 1953
- Average household size
- 2.61
Lowell demographics
- Population
- 118,368
- Median age
- 35.6
- Under 18
- 21.7%
- 65 and older
- 12.6%
- Households
- 43,183
- Foreign-born
- 30.5%
- Veterans
- 3.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Lowell ›
Education in Lowell
30% of adults 25 and older in Lowell have a bachelor's degree or higher (Massachusetts: 47.3%), and 11.4% have a graduate or professional degree.
Jobs and commute in Lowell
- Unemployment rate
- 5.7%State: 5.2%
- Average commute
- 28 minState: 29 min
- Work from home
- 10.6%
- Drive alone
- 71%
- Public transit
- 1.6%
- Walk to work
- 4.1%
- Homes with broadband
- 87.4%
Lowell vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lowell | 118,368 | $78,658 | $429,200 | $1,625 |
| Dracut | 32,574 | $114,036 | $473,900 | $1,839 |
| Chelmsford | 36,446 | $140,629 | $593,700 | $2,062 |
| Tewksbury | 31,273 | $128,061 | $573,600 | $2,310 |
| Tyngsborough | 12,550 | $129,348 | $552,500 | $1,986 |
| Billerica | 42,003 | $148,200 | $612,000 | $2,282 |
| Pelham | 14,449 | $135,956 | $552,600 | $1,425 |
| Westford | 24,690 | $187,198 | $748,500 | $2,436 |
| Carlisle | 5,239 | $250,001 | $1,103,900 | $1,313 |
More for people moving to Lowell
Lowell ZIP code ›Weather and climate ›Living in Lowell: FAQ
What is the median household income in Lowell, MA?
The median household income in Lowell is $78,658, 24% 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 Lowell?
The median home value in Lowell is $429,200, compared with $562,100 in Massachusetts.
How much is rent in Lowell?
The median gross rent in Lowell is $1,625 per month, about 31.1% of household income.
Is Lowell, MA a good place to live?
Pluses: home values 24% lower than the state median; an average commute of 28 minutes. Minuses: median household income 24% lower than the Massachusetts median; unemployment of 5.7%; a poverty rate of 16.9%.
What is the median age in Lowell?
The median age in Lowell is 35.6 years (Massachusetts: 40).
How long is the commute in Lowell?
The average commute to work in Lowell is 28 minutes; 10.6% of workers work from home.
What is the unemployment rate in Lowell?
The unemployment rate in Lowell is 5.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lowell?
30% of adults in Lowell 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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