Needham vs Lowell: Housing
| Needham | Lowell | |
|---|---|---|
| Median Home Value | $1,188,500 | $429,200 |
| Median Gross Rent | $2,409/mo | $1,625/mo |
| Homeownership Rate | 83.1% | 43.2% |
| Rent as Share of Income | 13.5% | 24.8% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.