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Lowell Market Profile 
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Lowell, Massachusetts ... Once the birthplace of the American Industrial Revolution... Now a city reborn and the center of a major market area.

The Basics
Incorporated April 1, 1836
Form of Government Council - Manager
Total Area 14.54 Square Miles
County Middlesex
 
Population

 

City of Lowell

 

106,519
Population Density 7,325 per square mile
*1 Mile radius from Downtown Lowell 39,977
*5 Mile radius from Downtown Lowell 182,341
*7 Mile radius from Downtown Lowell 255,778
Source: 2010 Census
*Source: 2000 Census
 
Income (Greater Lowell)
Average Family Income $109,830
Avergage Household Income $99,037
Average Per Capita Income $35,616
Source: 2010 Census, American Community Survey-3-year estimates
 
Education - Enrollments (Fall 2011)
University of Massachusetts Lowell 15,431
Middlesex Community College 5,066
Lowell High School 3,102
Greater Lowell Vocational High School 2,070
Source: DPD Survey
 
Education Attainment (Greater Lowell)
Bachelor's Degree or Higher 38%
High School Graduate or Higher 92%
Source: 2010 Census, American Community Survey-3-year estimates
 
Labor Force
Lowell - City 52,575
Lowell - PMSA 155,492
Middlesex County 822,322
Source: MA Executive Office of Labor and Workforce Development Feb. 2012
 
Labor Force Distribution (2010)
Agriculture, Forestry, Fishing + Hunting .08%
Manufacturing 14.7%
Construction 5.3%
Transportation & Public Utilities 4.7%
Wholesale / Retail Trade 12.9%
Finance, Insurance & Real Estate 3.0%
Professional and Technical Services 14.9%
Education, Health, Social Services 22.1%
Management of Companies + Enterprises 1.9%
Arts, Entertainment, Acom. + Food Services 8.8%
Public Administration

3.4%

Other Services 8.2%
Source: MA Executive Office of Labor and Workforce Development,  2010 Lowell-Billerica-Chelmsford, MA-NH NECTA Division
 
Average Payroll per Employee
Average payroll per employee City of Lowell $47,904
Average payroll per employee Lowell-Billerica-Chelmsford MA-NH NECTA Division (2010) $56,544
Source: MA Executive Office of Labor and Workforce Development, 2010

Housing

Median Selling Price: Single-Family

*Massachusetts $302,500
City of Lowell $195,000
 
Median Selling Price: Condos
*Massachusetts $268,000
City of Lowell $131,000
Source: *Massachusetts Association of Realtors, 2010 
The Northeastern Association of Realtors, 2010
 

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