Lowell, MA Real Estate
According to census data in the year 2000 there were 39,468 housing units in Lowell.
This represents a 2.1% decline from 40,302 in 1990.
Of those housing units, 39,468 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Lowell is about 43.1%.
Lowell's vacancy rate, including seasonal lodging, is about 4%.
Average household size is 2.67 people.
The majority of houses, apartments or condos in Lowell were built after 1945.
|Housing Units by Size|
|Five Bedrooms or more||3.40%|
Owned Homes, Apartments and Condos
|Average Household Size||2.88|
|Median year structure was built||1939|
|Median Value of occupied units||$134,200|
|Median Price asked for vacant units||$132,400|
Rented Homes, Apartments and Condos
|Average Household Size||2.52|
|Median year structure was built||1948|
|Median Monthly Rent asked for vacant units||$598|
Owners Finance Status
|Second Mortgage & Equity Loan||0.10%|
|Home Equity Loan||7.10%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19.4%|