HomeMassachusettsEssex CountyLawrence city
Lawrence city, Massachusetts: commercial real estate data.
Lawrence city is a Census city of 88,736 people across 6.93 square miles of land, in Essex County. Median household income is $60,433, 28.1 percent of occupied homes are owned, and the SBA record carries 141 7(a) approvals to borrowers here worth $35.2 m.
77 sourced place values · tier FULL · 8 sections
Lawrence
What Lawrence is
- Census place typecity
- Land area6.93 sq mi
- Water area0.5 sq mi
- Population per square mile of land12,805
- County holding the largest share of its areaEssex County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lawrence
How many people live in Lawrence
- Population88,736
- Median age32.6
- Population under 1823,362
- Share under 1826.3 percent
- Population 65 and over9,318
- Share 65 and over10.5 percent
- Households31,142
- Family households20,982
- Share of households that are families67.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lawrence
Income and work in Lawrence
- Median household income$60,433
- Per capita income$28,249
- Civilian labor force46,583
- Employed42,637
- Unemployed3,946
- Unemployment rate8.5 percent
- Adults 25 and over55,420
- Adults 25 and over with a high school diploma or higher72.5 percent
- Adults 25 and over with a bachelor degree or higher16.8 percent
- Adults 25 and over with a graduate degree5.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lawrence
Housing in Lawrence
- Housing units31,845
- Occupied units31,142
- Vacant units703 plus or minus 202
- Vacancy rate2.2 percent plus or minus 0.6
- Owner occupied8,738
- Renter occupied22,404
- Ownership rate28.1 percent
- Median owner-occupied home value$415,200
- Median gross rent, monthly$1,662
- Annual rent as a share of median income33.0 percent
- Single family units8,541
- Share single family26.8 percent
- Units in buildings of two or more23,245
- Share in buildings of two or more73.0 percent
- Mobile homes59 plus or minus 44
- Median year structure built1950
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lawrence
How Lawrence gets to work
- Workers 16 and over who commute39,156
- Commuting under 15 minutes12,966
- Share commuting under 15 minutes33.1 percent
- Commuting 30 minutes or more12,334
- Share commuting 30 minutes or more31.5 percent
- Drove alone66.3 percent
- Carpooled14.6 percent
- Public transport3.6 percent plus or minus 1.0
- Walked2.6 percent plus or minus 0.7
- Worked from home6.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lawrence
SBA 7(a) lending to Lawrence borrowers
- Approvals141
- Gross approval$35,179,300
- Average approval$249,499
- Median approval$75,000
- Ninetieth percentile approval$500,000
- Largest approval$5,000,000
- Jobs supported1,286
- Jobs per approval9.1
- Loans with a final outcome37
- Paid in full31
- Charged off6
- Charge-off rate over resolved loans16.2 percent
- Median term120 months
- Share on real estate terms of 20 years or more3.5 percent
- Share to franchises2.1 percent
- Distinct lenders28
- Distinct industries by NAICS70
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Lawrence
SBA 504 lending to Lawrence borrowers
- Approvals41
- Gross approval$20,709,000
- Average approval$505,098
- Median approval$307,000
- Largest approval$2,634,000
- Jobs supported265
- Loans with a final outcome6
- Charged off0
- Median term240 months
- Distinct CDCs3
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Essex County, not Lawrence
Essex County context, not Lawrence figures
These are Essex County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Lawrence measurements.
- Establishments in Essex County19,988
- Employment at those establishments, Essex County287,960
- Covered employment, Essex County323,694
- Average annual pay, Essex County$75,548
- Average weekly wage, Essex County$1,453
- Housing units permitted, Essex County1,011
- Of those, single family, Essex County393
- County product, 2024, Essex County$60,732,738,000
- County product change over the prior year, Essex County4.3 percent
- Average income of an arriving household, Essex County$106,455
Every figure in this section is published for Essex County as a whole and is not a measurement of Lawrence. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Lawrence questions, answered from the record.
How many people live in Lawrence, Massachusetts?
88,736, in 31,142 households. Lawrence city covers 6.93 square miles of land, which is 12,805 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Lawrence in?
Essex County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Lawrence?
$60,433. The median owner-occupied home is valued at $415,200. Median gross rent is $1,662 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Lawrence businesses?
141 7(a) approvals totalling $35.2 m, across 28 lenders, median approval $75,000, plus 41 504 approvals worth $20.7 m. These count approvals to borrowers whose address is in Lawrence, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Lawrence borrowers get paid back?
Of the 37 loans that have reached a final outcome, 31 were paid in full and 6 charged off, a charge off rate of 16.2 percent. Loans still running are excluded because they have not yet succeeded or failed.
Are the county figures on this page Lawrence figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Essex County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Lawrence.
Is zoning published for Lawrence?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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