Lowell, MA
118,368Residents
$78,658Median household income
$1,625/moMedian gross rent
$429,200Median home value
35.6Median age
30%Adults with a bachelor’s degree or higher
43%Homes lived in by their owners
5.5×Home value to household income
Median rent takes about 25% of the median household income in Lowell.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $65,000 a year. In Massachusetts that leaves roughly $4,263 a month after tax. See the full paycheck breakdown for $65,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.