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Lowell Mortgage Quotes And Real Estate


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Lowell Mortgage and Real Estate Facts

Overview

In Lowell there are 37,887 individual units of housing (the total of apartments, houses, and condos). As of 2000, the share of housing units in the city that were owner-occupied was 43%.

Lowell Mortgage

In Lowell, 69% of housing units (exluding rentals) have a mortgage. About 12% of houses and condos in the city have a home equity loan or second mortgage.

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Lowell Mortgage Statistics

CategoryValue
Homes With No Mortgage31%
With A Mortgage69%
First Mortgage Only57%
Second Mortgage or Home Equity Loan12%
Second Mortgage Only5%
Home Equity Loan Only7%

Lowell Housing Expenses

CategoryValue
Owner Costs as % of Income19.4%
Median Real Estate Taxes (2000)$1,924

Lowell Household Size

CategoryValue
Total Occupied37,887
1-Person Households29%
2-Person Households27%
3-Person Households17%
4-Person Households14%
5-Person Households8%
6-Person Households3%
7+-Person Households3%

Lowell Housing Stock

CategoryValue
Median Year Built1945
Median Year Built (Owner Occupied)1939
Median Year Built (Renter Occupied)1948

Lowell Home Heating

CategoryValue
Using Utility Co. Gas Heat75%
Using Bottled/Tank Gas Heat2%
Using Electric Heat3%
Using Oil Heat20%
Using Coal0%
Using Wood Heating0%
Using Solar Heat0%
Other Heating0%
No Heating0%

Lowell Housing Size

CategoryValue
No Bedrooms0%
1 Bedroom3%
2 Bedrooms24%
3 Bedrooms46%
4 Bedrooms20%
5+ Bedrooms6%

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