LOWELL DEMOGRAPHICS

The Greater Merrimack Valley Convention and Visitors' Bureau reports over 750,000 visitors per year to Downtown Lowell.
The Economic Development office provides an array of financial incentives to businesses and real estate developers.
A low-interest loan program is available to retailers and restauranteurs seeking to relocate to, or expand within, Lowell.

Click to download the full-size PDF map of Lowell's Downtown Residential Market.

Market Profile      
       
Incorporated April 1, 1836 Labor Force Distribution (2007)  
Form of Government Council - Manager Lowell-Billerica-Chelmsford, MA-NH NECTA Division  
Total Area 14.54 square miles Manufacturing 19.5%
County Middlesex Construction 6.2%
    Transportation & Public Utilities 21.8%
Population   Wholesale / Retail Trade 10.1%
Lowell — City 105,167 Finance, Insurance & Real Estate 4.1%
Source: 2000 Census   Professional & Business Services 17.2%
    Education, Health & Social Services 13.9%
Population Density: 7,232/per sq. mile Public Administration 18.1%
    Source: MA Division of Employment & Training, March 2007  
Population      
1-mile radius from Downtown Lowell 39,977    
5-mile radius from Downtown Lowell 182,341 Average Payroll Per Employee (2007) $44,991
7-mile radius from Downtown Lowell 255,778 Source: MA Division of Employment & Training, 2004  
Source: 2000 Census      
       
Income   Housing  
(Greater Lowell)   Median Selling Price: Single-Family  
Average Family Income $84,292 Massachusetts $339,000
Average Household Income $75,214 Greater Lowell Area $325,000
Average Per CapitaIncome $30,809 City of Lowell $261,000
Source: 2001 Claritas, Inc.   Median Selling Price: Single-Family  
    Massachusetts $275,000
Education - Enrollments (2006-2007)   Greater Lowell Area $205,000
UMass Lowell 8,269 City of Lowell $165,000
Middlessex Community College 4,321 Downtown Lowell $197000
Lowell High School 3,732 Source: The Edge Group / mylowelllofts / MLS / DPD  
Greater Lowell Vocational High School 1,920 Survey November 2006 - May 2007  
Source: DPD Survey, 2004      
       
Educational Attainment   Labor Force  
(Greater Lowell)   Lowell — City 50,138
Bachelor's Degree or Higher 27% Lowell — PMSA 144,620
Some College 18% Middlesex County 814,316
High School 31% Source: MA Division of Employment & Training,  
Source: 2005 Claritas, Inc.   March 2007