Work with a Home Buyer’s Agent in Lowell MA
Interested in buying a home, condo or townhouse in Lowell? Then you need a local buyer’s agent that works for you, the home buyer, representing your financial interests.
MABA buyer brokers have committed to advocating and negotiating only for their buyer-clients. This loyalty commitment separates MABA buyer agents from the majority of other Massachusetts “buyer agents.”
Lowell, Massachusetts Information
Lowell, Massachusetts is a city in the U.S. Commonwealth of Massachusetts. Located in Middlesex County, Lowell (along with Cambridge) was a county seat until Massachusetts disbanded county government in 1999. With an estimated population of 109,945 in 2014, it is the fourth-largest city in Massachusetts, and the second-largest in the Boston metropolitan statistical area. The city is also part of a smaller Massachusetts statistical area called Greater Lowell, as well as New England’s Merrimack Valley region.
Incorporated in 1826 to serve as a mill town, Lowell was named after Francis Cabot Lowell, a local figure in the Industrial Revolution. The city became known as the cradle of the American Industrial Revolution, due to a large series of textile mills and factories. Many of the Lowell’s historic manufacturing sites were later preserved by the National Park Service to create Lowell National Historical Park. During the Cambodian genocide, the city took in an influx of refugees, leading to a Cambodia Town and America’s second-largest Cambodian-American population.
Lowell, MA Schools
Lowell is home to two Institutions of Higher Education:
University of Massachusetts Lowell consisting of 6 Colleges offering more than 100 Undergraduate Majors, more than 40 Master’s Programs and more than 30 Doctoral Degrees:
- Manning School of Business
- Kennedy College of the Sciences
- Zuckerberg College of Health Sciences
- Francis College of Engineering
- College of Fine Arts, Humanities and Social Sciences
- College of Education
- as well as Middlesex Community College offering both credit and non-credit programs of study.
Forbes ranked UMass Lowell as the 10th best value among all universities and colleges nationwide for 2013 and fourth-best value among non-military academies.
Lowell, MA Demographics
Population Density: According to the 2010 Census, there were 106,519 people residing in the city. The population density was 7,842.1 people per square mile (2,948.8/km²). There were 41,431 housing units at an average density of 2,865.5 per square mile (1,106.7/km²).
Household Size: 2010, there were 38,470 households, and 23,707 families living in Lowell; the average household size was 2.66 and the average family size was 3.31. Of those households, 34.9% had children under the age of 18 living with them, 35.9% were married couples living together, 14.7% had a female householder with no husband present, 38.4% were non-families, 29.4% of all households were made up of individuals, and 8.3% had someone living alone who was 65 years of age or older.
Age Distributions: Lowell has also experienced a significant increase in the number of residents between the ages of 50-69 while the percentages of residents under the age of 15 and over the age of 70 decreased. In 2010 the city’s population had a median age of 32.6. The age distribution was 23.7% of the population under the age of 18, 13.5% from 18 to 24, 29.4% from 25 to 44, 23.3% from 45 to 64, and 10.1% who were 65 years of age or older. For every 100 females, there were 98.6 males; while for every 100 females age 18 and over, there were 97.6 males.
Median Income: for a household in the city was $51,714, according to the American Community Survey 5-year estimate ending in 2012. The median income for a family was $55,852. Males had a median income of $44,739 versus $35,472 for females. The per capita income for the city was $22,730. About 15.2% of families and 17.5% of individuals were below the poverty line, including 24.5% of those under age 18 and 13.2% of those age 65 or over.
Racial Makeup: In 2010, the ethnic diversity of the city was 60.3% White (49.3% Non-Hispanic White[37]), 20.2% Asian American (12.5% Cambodian, 2.0% Indian, 1.7% Vietnamese, 1.4% Laotian), 6.8% African American, 0.3% Native American, 8.8% from other races, 3.6% from two or more races. Hispanic or Latino of any race were 17.3% of the population. The largest Hispanic group was those of Puerto Rican ancestry, comprising 11.3% of the population.
Information is sourced via Wikipedia. No ownership is implied. Read more about Lowell on Wikipedia here.
Lowell Real Estate News
Double-digit surge: March home listings, closed sales soar #MABA #MassachusettsRealEstate #FirstTimeHomeBuyers #MaBuyerAgent
Double-digit surge: March home listings, closed sales soar MABA MassachusettsRealEstate FirstTimeHomeBuyers MaBuyerAgent After months of declines, March saw single-family home listings and closed sales jump almost twenty five percent month over month, according to the...
Monthly home payments set new record in March #MABA #MassachusettsRealEstate #MaBuyerAgent #FirstTimeHomeBuyers
Monthly home payments set new record in March MABA MassachusettsRealEstate MaBuyerAgent FirstTimeHomeBuyers Monthly home payments hit new records last month reaching an all-time high of $2,747, an eleven percent increase from last year, according to a new Redfin...
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From all of us at MABA
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Rising Cape Cod real estate inventory sparks opimism in market MABA MassachsuettsRealEstate FirstTimeHomeBuyerts MaBuyerAgent The increasing inventory on Cape Cod and the islands is fostering optimism within the market, signaling positive signs as the spring season...
Renovation spending has jumped sixty percent since 2020 #MABA #MassachusettsRealEstate #FirstTimeHomeBuyers #MaBuyerAgent
Renovation spending has jumped sixty percent since 2020 MABA MassachusettsRealEstate FirstTimeHomeBuyers MaBuyerAgent Renovation spending has surged since the onset of the pandemic, according to the 2024 Houzz & Home Study from home renovation and design company...
Spring market buyers help lift Boston area home sales, prices #MABA #MassachusettsRealEstate #FirstTimeHomeBuyers #MaBuyerAgent
Spring market buyers help lift Boston area home sales, prices MABA MassachusettsRealEstate FirstTimeHomeBuyers MaBuyerAgent The Greater Boston housing market experienced its second month in a row of increased listings in February, bolstering buyer demand as the spring...
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