Springfield vs Lowell: Housing
| Springfield | Lowell | |
|---|---|---|
| Median Home Value | $245,000 | $429,200 |
| Median Gross Rent | $1,144/mo | $1,625/mo |
| Homeownership Rate | 49.6% | 43.2% |
| Rent as Share of Income | 26.1% | 24.8% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.