Why Buying a Home or Apartment in Lowell MA is a Good Idea

real estate Lowell MA

An individual who is looking for a good place to live in the Northeastern United States will find Lowell to be a very good option. Real estate Lowell MA is affordable and the city has a high per capita income as well as plenty of amenities and entertainment venues.

Housing Market

The median home price in Lowell is about $100,000 cheaper than the Massachusetts average, making it an ideal place to live for those who are looking for affordable housing. There are also plenty of apartments available for sale for those who are looking for an apartment rather than a stand-alone house. Options include small buildings with fewer than ten apartments available for purchase to luxurious apartment compounds with a range of features and amenities.

Employment and Income real estate Lowell MA

Median household income in Lowell is higher than the national average and unemployment in Lowell currently stands at under 7%. What is more, there are a number of small cities located in close proximity to Lowell that offer great employment opportunities and good salaries. These include Wellesley (with a median per capita income of over $71,000 and a median household income of over $150,000), Lexington (with median per capita income of over $70,000 and median household income ranging from about $138,000 to $153,000) and Winchester (with a median per capita income of nearly $65,000).

Amenities real estate Lowell MA

Lowell gets high marks for offering numerous amenities. It is not hard to find a grocery store, restaurant, fitness center or entertainment venue no matter where one lives in the city. Lowell also gets high marks for offering convenient public transport. The city is also home t various places of interest, including Lowell National Historic Park, Merrimac Repertory Theater, Pollard Memorial Library and Boott Cotton Mills Museum.

real estate Lowell MA

Those who are looking for affordable housing, a decent neighborhood and good job opportunities will find that Lowell has a lot going for it. It has much to offer students, singles who have already entered the workforce and parents who are looking for a good home for themselves and their children. There are plenty of housing options to pick from, making it easy to find a house or apartment for purchase that meets one's need and budget.