Cost of Living in Lynn, MA
Population: 100,905 • 2026 Data
$74,715
Median Household Income
-3% vs national
$1,612
Median Monthly Rent
+20% vs national
$472,600
Median Home Value
+39% vs national
4.6%
Unemployment Rate
Housing in Lynn
The median home value in Lynn, MA is $472,600. Monthly rent for a typical unit averages $1,612, while total monthly housing costs (including utilities and insurance) average $1,847.
Rent-to-income ratio: 25.9%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Lynn, MA is $74,715. The unemployment rate stands at 4.6%, with a labor force of 53,168 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.