Lawrence, MA Real Estate
According to census data in the year 2000 there were 25,601 housing units in Lawrence.
This represents a 4.9% decline from 26,915 in 1990.
Of those housing units, 25,601 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Lawrence is about 32.2%.
Lawrence's vacancy rate, including seasonal lodging, is about 4.4%.
Average household size is 2.9 people.
The majority of houses, apartments or condos in Lawrence were built after 1948.
|Housing Units by Size|
|Five Bedrooms or more||2.20%|
Owned Homes, Apartments and Condos
|Average Household Size||3.01|
|Median year structure was built||1939|
|Median Value of occupied units||$114,100|
|Median Price asked for vacant units||$103,800|
Rented Homes, Apartments and Condos
|Average Household Size||2.85|
|Median year structure was built||1952|
|Median Monthly Rent asked for vacant units||$536|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||6.70%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||21.1%|