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Economy in Lowell, Massachusetts

Overview, People, Health, Economy, Housing, Rankings, Climate
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EconomyLowell, MAUnited States
Unemployment Rate5.10%8.60%
Recent Job Growth0.05%0.35%
Future Job Growth35.00%32.10%
Sales Taxes5.00%5.00%
Income Taxes5.30%4.70%
Income per Cap.$21,728$26,154
Household Income$47,905$50,935
Income Less Than 15K14.74%12.37%
Income between 15K and 25K11.59%10.53%
Income between 25K and 35K10.19%10.88%
Income between 35K and 50K15.88%15.37%
Income between 50K and 75K20.84%20.14%
Income between 75K and 100K12.47%12.41%
Income between 100K and 150K10.15%11.27%
Income between 150K and 250K3.24%5.01%
Income between 250K and 500K0.82%1.86%
Income greater than 500K0.08%0.16%
Management, Business, and Financial Operations9.29%14.04%
Professional and Related Occupations19.26%20.61%
Sales and Office24.44%26.75%
Farming, Fishing, and Forestry0.08%0.70%
Construction, Extraction, and Maintenance8.54%9.42%
Production, Transportation, and Material Moving22.38%14.05%

Median Household Income

The unemployment rate in Lowell, MA, is 5.10%, with job growth of 0.05%. Future job growth over the next ten years is predicted to be 35.00%.

Lowell, MA Taxes

Lowell, MA,sales tax rate is 5.00%. Income tax is 5.30%.

Lowell, MA Income and Salaries

The income per capita is $21,728, which includes all adults and children. The median household income is $47,905.

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