Lowell, Massachusetts is a mid-sized city with a population of just under 111,000. Young adults aged 15-24 will find no shortage of peers, as they account for a larger portion of the population here (17%) than nationally (14%), while retirees account for a smaller percentage of the city. Overall, the city's residents, at an average age of just under 36, skew decidedly younger than most cities in Massachusetts. Homeowners tend to be in the minority in Lowell, and 58% of residents are renting. With a relatively reasonable average rent of $1,061 a month in the city, renting remains an affordable option, particularly compared to other cities in Massachusetts. Each month, renters in Lowell will pay around $157 less compared to the state average.
Lowell has a relatively high concentration of residents older than 25 who have a high school degree or GED (22%) compared to the national average. Further, 8% possess a Bachelor's degree and 6% have earned a Master's degree or Doctorate. There are three primary industries in Lowell: healthcare, manufacturing, and retail. Combined, these industries make up 22% of the city's labor force. Meanwhile, looking at job function, many workers in these industries are in transportation, making it the top profession in the city. With an average annual income of nearly $63K, Lowell workers take home less than their peers elsewhere in Massachusetts. Lowell's average income also falls below the national average of $73,345.
Lowell has an average commute time of about 28 minutes. Many residents (40%) commute to work by car or truck, while public transportation isn't widely used. Relatively few commuters (3%) walk to work, though the number surpasses the national average.
|Studio||1 Bed||2 Bed||3 Bed|
© 2020 RentPath, LLC. All rights reserved. All photos, videos, text and other content are the property of RentPath, LLC. APARTMENT GUIDE and the APARTMENT GUIDE Trade Dress are registered trademarks of RentPath, LLC or its affiliates.
Apple, the Apple logo, iPad, and iPhone are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc.
Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.