Here's what it costs to live in Lowell, Massachusetts, based on the latest US government data. Renters pay a median of $1,603 per month, while the typical home is valued around $395,100. Households earn a median of $76,205 per year, leaving rent at a manageable share of income for many residents. The figures below cover housing, local wages by occupation, demographics, and air quality, all drawn from the US Census Bureau, BEA, HUD, and EPA.
Median Household Income
$76,205
Annual · Census ACS
Median Gross Rent
$1,603
Per month · Census ACS
Median Home Value
$395,100
Census ACS
Cost of Living Index
N/A
BEA RPP · US avg = 100
Studio FMR
$1,621
HUD Fair Market Rent
1BR Fair Market Rent
$1,792
HUD FMR
2BR Fair Market Rent
$2,351
HUD FMR
3BR Fair Market Rent
$2,819
HUD FMR
HUD Fair Market Rent = 40th percentile gross rent · FY2024
State Income Tax
9.00%
Top marginal rate
State Sales Tax
6.25%
Statewide base rate (local add-ons may apply)
Source: Tax Foundation (2024)
| Occupation | Median Annual Wage |
|---|---|
| 💻Software Developer | N/A |
| 🏥Registered Nurse | N/A |
| 📚Elementary Teacher | N/A |
| ⚡Electrician | N/A |
| 📊Accountant | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
114,799
Latest estimate
Median Age
35.5 yrs
Census ACS
🌬️
AQI data not available
Source: EPA AirNow
What is the cost of living index for Lowell?
The cost of living index for Lowell is not yet available in our database.
What is the median rent in Lowell?
The median gross rent in Lowell is $1,603 per month according to US Census ACS data.
What is the median household income in Lowell?
The median household income in Lowell is $76,205 per year.
What is the median home value in Lowell?
The median home value in Lowell is $395,100 based on the latest Census ACS survey.
How is the air quality in Lowell?
Air quality data for Lowell is not yet available.
What are the taxes like in Lowell?
Massachusetts has a top state income tax rate of 9.00% and a statewide sales tax of 6.25% (local rates may add to this). Source: Tax Foundation, 2024.
Data last updated: December 1, 2024 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology