Lawrence, MA Community Information

Lawrence, MA Homes for Sale

Lawrence, MA Community Information

Population

69,650

Median Age

27.4

Median Household Income

$35,424

Households with Children

59.68%

Median Travel Time to Work

23 minutes

Lawrence, MA Real Estate Market Information

Homes Owned

31.94%

Homes Rented

64.91%

Homes Vacant

3.15%

Lawrence, MA Home Price-Rent Ratio

The price-rent ratio is a great way to compare the costs of buying and renting both within a city and is useful to compare against other cities as well. Technically it is the average cost of ownership divided by the received rent income if buying to let. The formula is House Price / (Monthly Rent x 12).

0:1

Low Home Price-Rent Ratio

High Home Price-Rent Ratio

What does it mean?

1-10

It is less expensive to own than to rent a home in this city depending factors such as length of ownership.

11-20

The total costs of ownership of a home in this city are greater than the costs of renting, but it might still make financial sense depending on the situation.

21 or greater

The total costs of owning a home in this city are greater than the costs of renting depending factors such as length of ownership.

*Note that this index is a broad measure. Contact a local agent to understand local market conditions.

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Lawrence, MA School Information

Elementary Schools

Primary Schools

Middle Schools

Secondary Schools

High Schools

Other Schools

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.

Community Age Profile

Community

Transportation

Transportation

Education Levels

Education Levels

Occupation

Occupation

Community

  • Total Population 69,650
  • Total Male Population 33,503
  • Total Female Population 36,147
  • Population change since 2000 -2.38%
  • Median age 27.4
  • Percent of households with children 59.68%
  • Personal Crime risk 147

Transportation

  • Median travel time to work 23 minutes
  • Percent using Public transportation 6.63%
  • Percent Driving/Using Carpool 84.74
  • Percent Using Other transportation 5.92%
  • Percent Working From Home 2.71%

Education Levels

  • Some high school 35.69%
  • High school graduate 32.26%
  • Some college 15.01%
  • Associate degree 5.34%
  • Bachelor's degree 6.92%
  • Graduate degree 4.79%

Occupation

  • Agriculture, forestry, and fishing 0.23%
  • Construction 4.09%
  • Manufacturing 22.06%
  • Wholesale Trade 4.14%
  • Retail Trade 8.88%
  • Finance, insurance and real estate 4.00%
  • Services 5.41%
  • Public administration 3.98%
  • Information 1.59%
  • Professional 10.43%
  • Education 21.95%
  • Arts 8.61%

Income

  • Average household income $47,670
  • Income change since 2000 18.89%

Climate

  • Avg. January high/low temp 34.35 / 15.48
  • Avg. July high/low temp 82.68 / 60.48
  • Annual precipitation 45.46
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