LowellMassachusetts

Lowell Population Demographics

According to US population projections for 2022, the estimated population of Lowell is 114,005. 25.05% is under 18, while 13.72% is over 65.

A closer look at the age demography reveals that 5.73% of the population was five years old or younger, 25.05% were 18 years or younger and 28.53% were aged 65 years and over. The gender split in the state was nearly even, with 51.83% female and 48.17% male.

Lowell Housing

According to the US Census, Lowell has 44,466 housing units. The average owner-occupied housing unit rate in Lowell was 95.75%. At the same time, the city's median value of owner-occupied homes was $380,400

Lowell Racial Demographics

In 2020, the US Census estimated that White Alone and Asian Alone constitute 67.82% of Lowell's population. Residents of the city who were Some Other Race Alone, made up 12.15% of the total population.

Other racial groups include Black Or African American Alone, constituting 8.95% of the city's population and White Black Or African American at 0.80%

How Educated is Lowell

According to Census estimates, in 2021, 16.5% of Lowell residents had a bachelor's degree, while 12.1% had a graduate or professional degree.

Overall, 28.60% of residents have a bachelor's degree or higher.

Average Income in Lowell

The median household income in Lowell is $64,221. This figure is significantly (approximately 0.00%) less than the state average of $64,221.

Estimates by family type revealed that families earned an average of $75,841 per year, while married-couple families earned an average of $92,535.

A closer examination of the income groups of Lowell households revealed that the largest income group consisted of households with an annual income between $50,000 and $74,999. Other groups with yearly high household incomes include those between $100,000 and $149,999 (17.1%) and those with incomes exceeding $200,000 (5.9%). 5.9% of households in the City of Angels had an annual income of less than $10,000.

Median Income by Type of Family