Lawrence, Massachusetts Income Statistics
Lawrence Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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D
Lawrence Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Lawrence | Massachusetts Avg | US Average |
|---|---|---|---|
| Median Household Income | $60,489 | $104,336 | $80,455 |
| Median Personal Income | $47,885 | $80,230 | $60,758 |
| Average Yearly Income Growth | 6.5% | 4.9% | 4.8% |
| Six-Figure Earners | 5.8% | 20.6% | 13.9% |
| $200k+ Households | 5.1% | 22.3% | 13.2% |
The median household income in Lawrence is about 42% lower than in Massachusetts. Income has been growing faster in Lawrence (6.5%/yr) than in Massachusetts (4.9%/yr).
About 6% of adults in Lawrence earn six figures ($100,000 or more) a year, lower than the Massachusetts average of 21%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Lawrence, Massachusetts grew by 84.8% from 2009 to 2024, reaching $60,489 in 2024. That's an average of about 6.5% per year.
Income Inequality and the Gender Pay Gap in Lawrence
| Metric | Lawrence | Massachusetts Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.536 | 0.531 | 0.552 |
| Male Median Income | $55,474 | $90,842 | $69,667 |
| Female Median Income | $45,996 | $75,629 | $56,850 |
| Gender Pay Gap | 17.1% | 16.7% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Lawrence, it is 0.536, higher than Massachusetts's 0.531, so income is less evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 21% more than women's income in Lawrence, Massachusetts. Over a 35-year career, a 21% wage gap accumulates to roughly $331,730 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Lawrence, Massachusetts has narrowed from about 20% to 17% in 2024. Over that period the gap was widest at 24% in 2012, and was narrowest at 8% in 2017. In dollar terms, the gap has widened by $2,111 since 2009.
Employment
| Metric | Lawrence | Massachusetts Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 8.5% | 5.1% | 5.2% |
| Working from Home | 6.8% | 18.6% | 15.0% |
| Commute time (minutes) | 20 | 25 | 22 |
Approximately 3,948 people are unemployed in Lawrence, Massachusetts.
The average commute time in Lawrence is 20 minutes, shorter than the 25 minutes in Massachusetts.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Lawrence, Massachusetts has fallen from 8.6% to 8.5% in 2024. Over that period the rate peaked at 13.8% in 2016.
Lawrence, MA Wealth Compared With Nearby Cities
Lawrence, MA is the 2nd largest of the 5 cities compared here, 88,771 residents against a local median of 60,550. Where Lawrence, MA breaks from the cities next to it is unemployment, sitting 50% above the local median of 5.7% at 8.5%. That is the weaker end of the local range on this measure.
Median household income tells the same story from another angle: $60,489 against a local median of $100,132, 40% below it. Every measure here with a clear better direction points the same way, and it is the wrong way: Lawrence, MA reads weaker than its neighbours on all of them. The cities themselves sit within 1.0% of each other on unemployment, a tighter band than the gap between any of them and Lawrence, MA, which makes it a genuine outlier here rather than one end of a wide local spread. Lawrence, MA has the 5th lowest unemployment of the 5 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Lawrence, MA | 88,771 | $60,489 #5/5 | 6.5%/yr #2/5 | 8.5% #5/5 | 0.536 #4/5 |
| Methuen, MA | 53,422 | $111,921 | 5.6%/yr | 5.8% | 0.509 |
| Haverhill, MA | 67,679 | $88,342 | 4.2%/yr | 5.6% | 0.513 |
| Wilmington, MA | 23,238 | $166,224 | 6.1%/yr | 4.8% | 0.501 |
| Lowell, MA | 118,320 | $78,628 | 6.6%/yr | 5.7% | 0.548 |
Conclusion
Considering all these factors, Lawrence, Massachusetts has an overall wealth index grade of D, making it worse than Massachusetts, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Lawrence, Massachusetts.
How Rich Is Lawrence, Massachusetts?
Lawrence has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $60,489, about 42% lower than the Massachusetts average of $104,336.
How fast is household income rising in Lawrence, Massachusetts?
Between 2009 and 2024, the median household income in Lawrence, Massachusetts rose 85%, from $32,734 to $60,489. Over the same years, income here outpaced Massachusetts as a whole: +85% against +61%.
What was the median household income in Lawrence in 2023?
In 2023, the median household income in Lawrence, Massachusetts was $58,486, up 5% from $55,515 in 2022. The Massachusetts median that year was $101,513.
What was the median household income in Lawrence in 2020?
In 2020, the median household income in Lawrence, Massachusetts was $45,086. By 2024 it had risen 34% to $60,489.
How strong is the job market in Lawrence, Massachusetts?
Unemployment in Lawrence, Massachusetts is 8.5%, well above the Massachusetts rate of 5.1%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Lawrence, Massachusetts?
The Gini coefficient in Lawrence is 0.536. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Lawrence, Massachusetts?
Since 2009, the income gap between men and women in Lawrence, Massachusetts has narrowed from about 20% to 17% in 2024. Over that period the gap was widest at 24% in 2012, and was narrowest at 8% in 2017. In dollar terms, the gap has widened by $2,111 since 2009.
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