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According to statistics, the population in Lynn, MA amounts to 93,069, which shows growth 1% compared to the previous year. The median age of the city’s residents is 35. The average household income is $53,513, shifting growth 5% from the past year, and the average property value in Lynn, MA growth 6% to $279,400 throughout the year.
|Number Of Employees||46,153|
|Median Property Value||$279,400|
The average household income in Lynn, MA grew from $50,774 to $53,513 in the past year. This data is an estimate based upon 32,981 households in Lynn, MA . The chart below presents how household income is distributed in Lynn, MA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Lynn, MA shifted from $263,700 to $279,400 throughout the year. The subsequent graph indicates the share of properties in the given price range in Lynn, MA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Lynn, MA properties falls in the '$300,000 to $399,999' range, which is higher than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Lynn, MA compared to median property taxes around the country. The prevalent amount of property taxes in Lynn, MA equals $3000, which is less than the national average.