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Lynn Massachusetts Real Estate By Jennifer Hershey

Lynn Massachusetts Real Estate

Lynn, Massachusetts, is located in Essex County, of , and 10 miles NE of Boston, Massachusetts. Lynn has a population of 89,050.

Lynn Homes

Lynn properties pool is 33,563 residential properties including Lynn new homes. Median age of real estate in Lynn is 1940. Average Household size is 3.31 people. 5% are one bedroom homes, 28% are 2 bedroom homes, 46% are 3 bedroom homes, 14% are 4 bedroom homes, and 6% are 5+ bedroom homes.

Lynn Mortgage Statistics

Lynn mortgages vs. USA median statistics

Homes Lynn USA
Homes With No Mortgage 30%
30%
Homes With Mortgage 70%
70%
First Mortgage Only 55%
54%
First & Second Mortgage or HELOC 15%
16%

Lynn Area Real Estate Tax

Lynn Real estate Tax: Median Real Estate Taxes (2000) were $1,954 comparing to 1999 Median Family income $ 45,295. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Lynn School District: Children make up 27% of Lynn population. Lynn has 24,051 under 18 years old residents, or 0.63 kids per one worker, or 0.72 kids per one household.

Lynn Real Estate & Lynn Homeownership

There are 10404.53 or 31% one person households, 9062.01 or 27% two person households, and 5370.08 or 16% three person households in Lynn, Massachusetts. Median residents age is 34.2, Senior citizens (65+) make up 11,368 or 12.8%% of Lynn population.

There are 38,360 workers (over 16 years of age) in Lynn. Of these, 83.53% drive to work. Approximately 9.28% of workers in Lynn take public transportation. An estimated 4.62% walk to work.

Median Lynn homeowner's housing expences are 20.3%

Crime in Lynn (2003), crimes per 10,000 residents per year

Type of Crime Lynn USA, 2003
Violent Crimes
124.76
47.5
Robberies
23.02
14.2
Aggravated Assaults
100.62
29.5
Property Crimes
328.47
358.8
Burglaries
52.44
74.0
Larceny-Thefts
192.81
241.5
Motor Vehicle Thefts
83.21
43.3

Invest in Lynn Properties

When making a decision about buying real estate in Lynn Massachusetts area, you should consider following statistical data:

Category Lynn USA
Near Medium City
-
Near Large City
Boston, Massachusetts
-
Lynn Zip Codes
01901, 01902, 01904, 01905
-
Lynn Area Codes
781
-
White population
67.89%
75.1%
African-American population
10.55%
12.3%
Asian
6.43%
3.6%
American Indian & Alaskan
0.37%
0.9%
Hispanic (of any race)
18.4%
12.5%
Median Family Income (1999)
$ 45,295%
$42,000
Population Below Poverty Level
16.31%
12.4%

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See Also:

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Amesbury Massachusetts Real Estate
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Amherst Massachusetts Real Estate
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Andover Massachusetts Real Estate
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