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2024 Compare Cities Economy:
Lowell, MA vs Richmond, VA

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Highlights
- Household income in Richmond, is 15% less than it is in Lowell and is 26% below the National Average.
- Lowell unemployment rate is 8.0%.
- Richmond unemployment rate is 7.1%.

Economy
 Lowell, MARichmond, VAUnited States
 Unemployment Rate8.0%7.1%6.0%
 Recent Job Growth4.3%1.8%1.6%
 Future Job Growth41.6%37.1%33.5%
 Sales Taxes6.3%5.3%6.2%
 Income Taxes5.1%5.8%4.6%
 Income per Cap.$30,620$38,132$37,638
 Household Income$64,489$54,795$69,021
 Family Median Income$77,946$72,604$85,028
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 Est. Households By Income
 Lowell, MARichmond, VAUnited States
 Income Less Than 15K12.6%14.1%9.4%
 Income between 15K and 20K5.0%5.4%3.8%
 Income between 20K and 30K8.0%9.1%8.1%
 Income between 30K and 40K6.4%9.6%8.0%
 Income between 40K and 50K7.4%8.6%7.6%
 Income between 50K and 60K7.3%8.1%7.2%
 Income between 60K and 75K9.6%9.3%9.6%
 Income between 75K and 100K13.5%11.3%12.8%
 Income between 100K and 150K17.2%11.7%16.3%
 Income between 150K and 200K6.4%5.2%7.8%
 Income greater than 200K6.5%7.5%9.5%
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 Population By Occupation
 Lowell, MARichmond, VAUnited States
 Management, business, finance11.4%16.7%16.4%
 Engineering, computers, science8.5%7.1%6.5%
 Community, social services1.9%2.7%1.8%
 Legal0.5%1.9%1.2%
 Education, library6.3%6.9%6.2%
 Arts, design, media, sports, entertainment2.1%3.2%2.0%
 Healthcare practitioners and technology5.1%6.1%6.2%
 Healthcare support5.6%3.2%3.3%
 Firefighters, law enforcement1.4%2.7%2.1%
 Food preparation, serving6.4%6.9%5.4%
 Building maintenance3.7%4.0%3.6%
 Personal care2.9%3.1%2.6%
 Sales, office, administrative support17.8%19.1%20.9%
 Farming, fishing, forestry0.0%0.2%0.6%
 Construction, extraction, maintenance/repair8.0%6.0%8.1%
 Production, transportation, material moving18.6%10.2%13.1%

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Reviews for Lowell    4 Reviews

Lowell... what a city! Remember to read the plaques on each sewer reminding our residents not to wash your daily garbage down the gutters. Remember, here in Lowell,  More

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Over 16 years ago

We are in a quiet neighbor hood with modtly elderly people on our street, I have always lived in this city and I wouldn't change for any place in the U.S.A I love the  More

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Over 17 years ago

Many parts of Middlesex county have become incredibly congested and overcrowded in recent years due to immigration. Some white flight taking place in Lowell, though  More

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Reviews for Richmond    109 Reviews

Over 2 years ago

Lived here for a year and it’s not perfect but it’s constantly improving now (areas redevloped, more businesses, job growth). Cost of living is great compared to  More

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Over 3 years ago

We love Richmond so much that when we talk about where we'd like to live if we could live anywhere in the US, we always come back to RVA. We live in the city proper  More

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Over 3 years ago

I'm an out-of-towner but am coming up on 1 year in Richmond. I would summarize it this way: the best thing and the worst thing about Richmond is its location. I'll  More

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ZIPS IN LOWELL, MASSACHUSETTS
01852 01851 01854 01850
ZIPS IN RICHMOND, VIRGINIA
23223, 23225, 23224, 23220, 23227, 23222, 23226, 23221, 23230, 23219, 11 total

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