Cost of Living in Lowell, MA
Population: 114,799 • 2026 Data
$76,205
Median Household Income
-2% vs national
$1,603
Median Monthly Rent
+19% vs national
$395,100
Median Home Value
+17% vs national
5.4%
Unemployment Rate
Housing in Lowell
The median home value in Lowell, MA is $395,100. Monthly rent for a typical unit averages $1,603, while total monthly housing costs (including utilities and insurance) average $1,672.
Rent-to-income ratio: 25.2%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Lowell, MA is $76,205. The unemployment rate stands at 5.4%, with a labor force of 62,411 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.