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Economy in Lowell, Massachusetts

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EconomyLowell, MAUnited States
Unemployment Rate6.70%6.30%
Recent Job Growth1.36%1.18%
Future Job Growth36.00%36.10%
Sales Taxes6.25%6.00%
Income Taxes5.20%4.72%
Income per Cap.$23,793$28,051
Household Income$51,714$53,046
Family Median Income$59,410$64,585
Income Less Than 15K15.62%12.61%
Income between 15K and 20K5.19%5.33%
Income between 20K and 30K10.04%10.57%
Income between 30K and 40K8.54%9.90%
Income between 40K and 50K8.42%8.95%
Income between 50K and 60K9.41%8.08%
Income between 60K and 75K11.22%10.09%
Income between 75K and 100K13.63%12.25%
Income between 100K and 150K11.55%12.82%
Income between 150K and 200K4.39%4.78%
Income greater than 200K1.99%4.64%
Management, business, finance11.14%14.36%
Engineering, computers, science5.74%5.24%
Community, social services2.05%1.66%
Education, library5.72%6.10%
Arts, design, media, sports, entertainment1.71%1.88%
Healthcare practitioners and technology3.89%5.49%
Healthcare support4.63%2.47%
Firefighters, law enforcement2.43%2.24%
Food preparation, serving7.18%5.61%
Building maintenance4.67%3.97%
Personal care3.63%3.54%
Sales, office, administrative support22.32%24.89%
Farming, fishing, forestry0.17%0.73%
Construction, extraction, maintenance/repair7.49%8.56%
Production, transportation, material moving16.62%12.10%

The unemployment rate in Lowell, MA, is 6.70%, with job growth of 1.36%. Future job growth over the next ten years is predicted to be 36.00%.

Lowell, MA Taxes

Lowell, MA,sales tax rate is 6.25%. Income tax is 5.20%.

Lowell, MA Income and Salaries

The income per capita is $23,793, which includes all adults and children. The median household income is $51,714.

Lowell Economy SperlingViews

traffic, double parking, crime, drugs, etc.....: 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,... (read more)Changing : 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... (read more)Immigrant City: Always has been an immigrant city. However with the influx of Asians came with them numerous street... (read more)Have an opinion about Lowell? Leave a commentTo See All SperlingViews for Lowell Click Here