Lowell, MA has a population of 110,964, while the median age is 33. The household income in Lowell, MA is around $48,581. The homeownership rate among the residents is 42%. The median residential property value in Lowell, MA that you should keep in mind is $240,500.
Population | 110,964 |
Median Age | 33.3 |
Poverty Rate | 22% |
Household Income | $48,581 |
Number Of Employees | 53,075 |
Median Property Value | $240,500 |
Numbers claim that the highest paid jobs in Lowell, MA are Legal Occupations, Computer & Mathematical Occupations, Architecture & Engineering Occupations, Computer, Engineering, Science Occupations and Management Occupations.
Keeping in mind that the employment rate changed by 1% recently, there must be a strong understanding of industries people of Lowell, MA work in. The highest paid industries are Professional, Scientific, Technical Services, Real Estate & Rental & Leasing, Information, Public Administration and Finance & Insurance, Real Estate & Rental & Leasing.
According to latest census, Lowell, MA is a home for 61% white residents. The second common group is asian with 21% residents. The list of the most common racial or ethnic groups is closed by latino with 8% residents.
Past year Lowell, MA universities awarded around 481,000 degrees. Statistics show that the population of students in Lowell, MA includes 240,500 female students and 240,500 male students. Lowell, MA offers private and public tuition with a median cost of $n/a for private four-year colleges and $31,415 for in-state public four-year colleges. The largest university of this city is the University of Massachusetts-Lowell with the majority of graduates. The Lincoln Technical Institute-Lowell and Lowell Academy Hairstyling Institute hold the second and the third place respectively. The share of the public colleges in Lowell, MA is 96 and 4 go to the private colleges.
Primary care physicians in Lowell, MA see an average of 788 patients, dentists 1,052 patients, metal health providers 202 patients, and other healthcare providers 1,183 patients per year.
Citizens of Lowell, MA travel to their offices around 25 minutes lately and drove alone to get there. The rest of the residents carpooled and walked.
Rent Price | Apr | vs Last Month |
---|---|---|
1 bed rentals | $1,625 | -3% |
2 bed rentals | $1,720 | +2.3% |
3 bed rentals | $2,266 | +1.5% |
4+ bed rentals | $3,544 | +1.5% |
Over the Apr 2022, the average rent for an apartment in/near Lowell, MA decreased by 1.4% to $2,014.
Breaking it down in details, we now see that the average price for 1-bed apartment stands at $1,625 with no changes this month. Pricing for 2-bed apartment remains the same, a place of this size will still cost you $1,720. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for $2,266. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $3,544 for a big-family home.
Rent Type Price | Apr | vs Last Month |
---|---|---|
Apartment rentals | $1,994 | -1.4% |
Room rentals | $962 | -3.8% |
Condo rentals | $3,275 | +40.6% |
House rentals | $2,331 | -24.8% |
Looking at the median rent price for an apartment in Lowell, MA, you can note that it remains flat with a price tag of $1,994. The median rent for a house is still $2,331 with no significant changes this month. Condo for rent is now available for the same pricing as previously — $3,275. If you’re looking for a room, the price tag still starts at $962. The median price did not change this time.