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Lawrence, Massachusetts

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
88,736
Population
$60,433
Median Income
$415,200
Home Value
32.6
Median Age

Demographics

Lawrence has a population of 88,736 with a median age of 32.6. Here is the racial and ethnic breakdown of the population:

Hispanic
83.2%
White
18.9%
Black
4.0%
Asian
1.9%
Demographic Value
Total Population88,736
Median Age32.6
White18.9%
Black or African American4.0%
Asian1.9%
Hispanic or Latino83.2%
Lawrence, Massachusetts — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 108.Hispanic/Latino: 77.0%White: 17.5%Black: 3.7%Other: 1.8%88,736PopulationHispanic/LatinoHispanic/Latino77.0%WhiteWhite17.5%BlackBlack3.7%OtherOther1.8%

Income & Economy

The median household income in Lawrence is $60,433, which is 25.0% below the national median of $80,610. The per capita income is $28,249. The poverty rate is 17.6%.

$60,433
Median Household Income
$28,249
Per Capita Income
17.6%
Poverty Rate

Employment

The unemployment rate in Lawrence is 5.9%, compared to the national rate of 4.1%.

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Education

In Lawrence, 72.5% of residents age 25+ have a high school diploma or higher, and 16.8% hold a bachelor's degree or higher (5.1% with a graduate or professional degree).

HS Diploma+
72.5%
Bachelor's+
16.8%
Graduate+
5.1%
Education Level % of Adults (25+)
High School Diploma or Higher72.5%
Bachelor's Degree or Higher16.8%
Graduate or Professional Degree5.1%

Housing

The median home value in Lawrence is $415,200, above the national median of $303,400. The median monthly rent is $1,662. The homeownership rate is 28.1%.

$415,200
Median Home Value
$1,662/mo
Median Rent
28.1%
Homeownership Rate
Housing Metric Value
Median Home Value$415,200
Median Monthly Rent$1,662
Homeownership Rate28.1%
Vacancy Rate2.2%

Salaries in Massachusetts

Explore salary data for popular occupations in Massachusetts:

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Other Cities in Massachusetts

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Frequently Asked Questions

What is the population of Lawrence, Massachusetts?
The population of Lawrence, Massachusetts is 88,736 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Lawrence, Massachusetts?
The median household income in Lawrence, Massachusetts is $60,433. This is 25.0% below the national median of $80,610.
What is the median home value in Lawrence, Massachusetts?
The median home value in Lawrence, Massachusetts is $415,200. The median monthly rent is $1,662.
What percentage of people in Lawrence have a college degree?
In Lawrence, Massachusetts, 16.8% of adults age 25 and older hold a bachelor's degree or higher, and 72.5% have a high school diploma or higher.
Is Lawrence, Massachusetts an affordable place to live?
The home price-to-income ratio in Lawrence, Massachusetts is 6.9x (median home value $415,200 vs. median income $60,433), making it relatively expensive by that measure. A ratio under 4.0 is generally considered affordable.

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