Living in Lynn, Massachusetts
Cost of living, income, home prices, rent and demographics of Lynn · Census data 2020–2024
Lynn has 101,709 residents with a median age of 36.5. The median household income is $75,043 (28% lower than the Massachusetts median), the median home value is $510,100, the median rent is $1,722/month.
Lynn at a glance
- Population
- 101,709
- Median age
- 36.5State: 40
- Median household income
- $75,043State: $103,960
- Median home value
- $510,100State: $562,100
- Median rent
- $1,722/moState: $1,762
- Homeowners
- 48.1%
- Bachelor's degree or higher
- 24.1%
- Average commute
- 32 min
Is Lynn a good place to live?
Pros: Home values 9% lower than the state median; unemployment of 5%.
Cons: Median household income 28% lower than the Massachusetts median; an average commute of 32 minutes; a poverty rate of 13.8%.
The weather is best in June to September.
Cost of living in Lynn
Housing is the biggest part of the cost of living. In Lynn the median home value is $510,100, 53% higher than the U.S. median. Renters pay a median of $1,722 per month, which is 34.6% of household income. Homeowners with a mortgage pay $2,711 a month in housing costs.
Lynn median household income
The median household income in Lynn is $75,043 and the income per person is $35,598. 13.8% of residents live below the poverty line (Massachusetts: 10%).
Housing in Lynn: homes for sale and rent
- Housing units
- 37,960
- Owner-occupied
- 48.1%
- Renter-occupied
- 51.9%
- Vacant
- 4.1%Includes seasonal homes
- Median year built
- 1946
- Average household size
- 2.77
Lynn demographics
- Population
- 101,709
- Median age
- 36.5
- Under 18
- 24.1%
- 65 and older
- 13.7%
- Households
- 36,414
- Foreign-born
- 37.5%
- Veterans
- 3.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Lynn ›
Education in Lynn
24.1% of adults 25 and older in Lynn have a bachelor's degree or higher (Massachusetts: 47.3%), and 8.2% have a graduate or professional degree.
Jobs and commute in Lynn
- Unemployment rate
- 5%State: 5.2%
- Average commute
- 32 minState: 29 min
- Work from home
- 7.9%
- Drive alone
- 66.4%
- Public transit
- 8.7%
- Walk to work
- 2.4%
- Homes with broadband
- 91.4%
Lynn vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lynn | 101,709 | $75,043 | $510,100 | $1,722 |
| Saugus | 28,773 | $101,539 | $603,400 | $2,241 |
| Swampscott | 15,277 | $134,386 | $771,100 | $2,303 |
| Salem | 44,795 | $85,153 | $542,800 | $1,836 |
| Revere | 60,012 | $86,969 | $597,400 | $2,076 |
| Peabody | 54,695 | $96,657 | $596,200 | $1,950 |
| Nahant | 3,325 | $112,762 | $748,800 | $1,777 |
| Melrose | 29,650 | $133,953 | $822,900 | $1,970 |
| Marblehead | 20,413 | $182,132 | $943,900 | $1,764 |
More for people moving to Lynn
Lynn ZIP code ›Weather and climate ›Living in Lynn: FAQ
What is the median household income in Lynn, MA?
The median household income in Lynn is $75,043, 28% 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 Lynn?
The median home value in Lynn is $510,100, compared with $562,100 in Massachusetts.
How much is rent in Lynn?
The median gross rent in Lynn is $1,722 per month, about 34.6% of household income.
Is Lynn, MA a good place to live?
Pluses: home values 9% lower than the state median; unemployment of 5%. Minuses: median household income 28% lower than the Massachusetts median; an average commute of 32 minutes; a poverty rate of 13.8%.
What is the median age in Lynn?
The median age in Lynn is 36.5 years (Massachusetts: 40).
How long is the commute in Lynn?
The average commute to work in Lynn is 32 minutes; 7.9% of workers work from home.
What is the unemployment rate in Lynn?
The unemployment rate in Lynn is 5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lynn?
24.1% of adults in Lynn 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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