Last updated: 2024 BLS data · Page refreshed:
Lowell has a population of 118,368 with a median age of 35.6. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 118,368 |
| Median Age | 35.6 |
| White | 46.7% |
| Black or African American | 10.3% |
| Asian | 22.2% |
| Hispanic or Latino | 20.0% |
| Other / Two or More Races | 0.8% |
The median household income in Lowell is $78,658, which is 2.4% below the national median of $80,610. The per capita income is $36,400. The poverty rate is 16.9%.
The unemployment rate in Lowell is 4.6%, compared to the national rate of 4.1%.
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In Lowell, 82.9% of residents age 25+ have a high school diploma or higher, and 30.0% hold a bachelor's degree or higher (11.4% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 82.9% |
| Bachelor's Degree or Higher | 30.0% |
| Graduate or Professional Degree | 11.4% |
The median home value in Lowell is $429,200, above the national median of $303,400. The median monthly rent is $1,625. The homeownership rate is 43.2%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $429,200 |
| Median Monthly Rent | $1,625 |
| Homeownership Rate | 43.2% |
| Vacancy Rate | 3.7% |
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