MyNeighborhood

Can you afford to live in Lowell?

Median household income, home values and rent in Lowell, MA — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in Lowell.

Median household income: $76,205 — +58.8% since 2015 (not adjusted for inflation)

Median gross rent: $1,603/mo — +59.5% since 2015

Median home value, 2015 to 2023

  • 2015: 232200
  • 2023: 395100

Median household income

  • Lowell: 76205
  • Middlesex County: 126779
  • MA: 101341
  • U.S.: 78538

Median gross rent

  • Lowell: 1603
  • Middlesex County: 2126
  • MA: 1687
  • U.S.: 1348

Share of income a typical renter spends on rent: 30.9% — U.S.: 30.2%

What it means

Households here earn about what households nationally earn ($76,205 versus $78,538).

The typical renter here spends 30.9% of household income on rent, above the 30% level housing agencies use to define cost burden.

Since 2015, rent has risen faster than income here (+59.5% versus +58.8%), before adjusting for inflation.

Sources

Loading the live page…