HomeMassachusettsMiddlesex CountyLowell city
Lowell city, Massachusetts: commercial real estate data.
Lowell city is a Census city of 118,368 people across 13.61 square miles of land, in Middlesex County. Median household income is $78,658, 43.2 percent of occupied homes are owned, and the SBA record carries 84 7(a) approvals to borrowers here worth $20.1 m.
78 sourced place values · tier FULL · 8 sections
Lowell
What Lowell is
- Census place typecity
- Land area13.61 sq mi
- Water area0.92 sq mi
- Population per square mile of land8,697
- County holding the largest share of its areaMiddlesex 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.
Lowell
How many people live in Lowell
- Population118,368
- Median age35.6
- Population under 1825,649
- Share under 1821.7 percent
- Population 65 and over14,960
- Share 65 and over12.6 percent
- Households43,183
- Family households25,894
- Share of households that are families60.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lowell
Income and work in Lowell
- Median household income$78,658
- Per capita income$36,400
- Civilian labor force64,469
- Employed60,811
- Unemployed3,658
- Unemployment rate5.7 percent
- Adults 25 and over78,630
- Adults 25 and over with a high school diploma or higher82.9 percent
- Adults 25 and over with a bachelor degree or higher30.0 percent
- Adults 25 and over with a graduate degree11.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lowell
Housing in Lowell
- Housing units44,850
- Occupied units43,183
- Vacant units1,667
- Vacancy rate3.7 percent
- Owner occupied18,669
- Renter occupied24,514
- Ownership rate43.2 percent
- Median owner-occupied home value$429,200
- Median gross rent, monthly$1,625
- Annual rent as a share of median income24.8 percent
- Single family units16,785
- Share single family37.4 percent
- Units in buildings of two or more27,826
- Share in buildings of two or more62.0 percent
- Mobile homes156 plus or minus 128
- Median year structure built1953
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lowell
How Lowell gets to work
- Workers 16 and over who commute52,916
- Commuting under 15 minutes11,606
- Share commuting under 15 minutes21.9 percent
- Commuting 30 minutes or more23,954
- Share commuting 30 minutes or more45.3 percent
- Drove alone71.0 percent
- Carpooled9.9 percent
- Public transport1.6 percent plus or minus 0.4
- Walked4.1 percent
- Worked from home10.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lowell
SBA 7(a) lending to Lowell borrowers
- Approvals84
- Gross approval$20,112,500
- Average approval$239,435
- Median approval$100,000
- Ninetieth percentile approval$553,000
- Largest approval$1,295,000
- Jobs supported659
- Jobs per approval7.8
- Loans with a final outcome17
- Paid in full17
- Charged off0
- Charge-off rate over resolved loans0.0 percent
- Median term120 months
- Share on real estate terms of 20 years or more2.4 percent
- Share to franchises6.0 percent
- Distinct lenders21
- Distinct industries by NAICS55
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Lowell
SBA 504 lending to Lowell borrowers
- Approvals38
- Gross approval$17,940,000
- Average approval$472,105
- Median approval$290,000
- Largest approval$2,831,000
- Jobs supported200
- Loans with a final outcome10
- Charged off0
- Charge-off rate over resolved loans0.0 percent
- Median term240 months
- Distinct CDCs3
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Middlesex County, not Lowell
Middlesex County context, not Lowell figures
These are Middlesex County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Lowell measurements.
- Establishments in Middlesex County44,624
- Employment at those establishments, Middlesex County963,417
- Covered employment, Middlesex County926,104
- Average annual pay, Middlesex County$113,704
- Average weekly wage, Middlesex County$2,187
- Housing units permitted, Middlesex County3,495
- Of those, single family, Middlesex County889
- County product, 2024, Middlesex County$240,665,230,000
- County product change over the prior year, Middlesex County5.8 percent
- Average income of an arriving household, Middlesex County$129,274
Every figure in this section is published for Middlesex County as a whole and is not a measurement of Lowell. 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
Lowell questions, answered from the record.
How many people live in Lowell, Massachusetts?
118,368, in 43,183 households. Lowell city covers 13.61 square miles of land, which is 8,697 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Lowell in?
Middlesex 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 Lowell?
$78,658. The median owner-occupied home is valued at $429,200. Median gross rent is $1,625 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Lowell businesses?
84 7(a) approvals totalling $20.1 m, across 21 lenders, median approval $100,000, plus 38 504 approvals worth $17.9 m. These count approvals to borrowers whose address is in Lowell, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Lowell borrowers get paid back?
Of the 17 loans that have reached a final outcome, 17 were paid in full and 0 charged off, a charge off rate of 0.0 percent. Loans still running are excluded because they have not yet succeeded or failed.
Are the county figures on this page Lowell figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Middlesex 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 Lowell.
Is zoning published for Lowell?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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