Lynnfield, MA
Population 12,964 · Massachusetts
About Lynnfield, MA
Lynnfield is a mid-sized city located in Massachusetts with a population of 12,964 residents according to the latest US Census Bureau American Community Survey data. The median household income is $172,484 per year, which is 130% above the national median of $75,149. The median age of 41 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Lynnfield features a median home value of $904,200, which is 269% above the national median of $244,900. This places Lynnfield in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,333, 101% above the national average of $1,163/month. Of the 4,788 total housing units, 86% are owner-occupied (3,995 units) and 14% are renter-occupied (626 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lynnfield shows an unemployment rate of 3.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 6.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Lynnfield have an average one-way commute time of 32.6 minutes.
Education & Demographics
61.1% of Lynnfield residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.1% White, 0.2% Hispanic or Latino, 0.2% Black or African American, and 3.4% Asian residents, with 11.8% of the population being foreign-born.
How Lynnfield Ranks in Massachusetts
Cost of Living in Lynnfield, MA
Compared to national averages, Lynnfield has a median household income of $172,484 (130% above the national median of $75,149). Home values average $904,200, which is 269% above the national median. Monthly rent at $2,333 is 101% above the US average of $1,163. Within Massachusetts, Lynnfield's income is 63% above the state average of $105,630, and home values are 61% above the state median of $561,296.
Why Live in Lynnfield, MA?
Lynnfield offers a strong local economy with a median household income of $172,484, well above the national average, and a strong job market with an unemployment rate of just 3.5%, and a well-educated community where 61.1% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 6.1%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $904,200. However, Lynnfield’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lynnfield has a population of 12,964 with a median age of 41 years. Compare Lynnfield with other cities to see how it stacks up, or explore all cities in Massachusetts.
Similar Cities Near Lynnfield
Cities in Massachusetts with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| North Adams | 12,660 | $48,521 | $185,300 | Compare |
| Palmer Town | 12,372 | $78,789 | $255,000 | Compare |
| Webster | 12,300 | $60,384 | $303,900 | Compare |
| South Yarmouth | 11,642 | $79,638 | $465,100 | Compare |
| Holbrook | 11,320 | $107,768 | $436,500 | Compare |
| Nantucket | 10,837 | $109,988 | $1,359,200 | Compare |
| Swampscott | 15,209 | $128,964 | $690,800 | Compare |
| Maynard | 10,663 | $119,549 | $494,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Massachusetts
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Lynnfield With Other Cities
Frequently Asked Questions about Lynnfield
What is the population of Lynnfield, MA?
The population of Lynnfield, MA is 12,964 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Massachusetts.
What is the median household income in Lynnfield?
The median household income in Lynnfield, MA is $172,484 per year, which is 130% above the national median of $75,149.
What is the median home value in Lynnfield?
The median home value in Lynnfield, MA is $904,200, which is 269% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lynnfield?
The median monthly rent in Lynnfield, MA is $2,333, which is 101% above the national average of $1,163/month.
What is the unemployment rate in Lynnfield?
The unemployment rate in Lynnfield, MA is 3.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Lynnfield, MA a good place to live?
Lynnfield offers above-average incomes, a competitive housing market, and a strong job market. With a population of 12,964 and a median age of 41, the city appeals to a broad range of residents.
How educated is Lynnfield, MA?
61.1% of residents in Lynnfield aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Lynnfield?
Key cost-of-living indicators for Lynnfield, MA: median home value is $904,200 (269% above national), median rent is $2,333/month, and median household income is $172,484. The home-value-to-income ratio is 5.2x, a moderate figure by national standards.
What is the poverty rate in Lynnfield?
The poverty rate in Lynnfield, MA is 6.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Lynnfield, MA?
Lynnfield's population is 0.1% White, 0.2% Hispanic or Latino, 0.2% Black or African American, 3.4% Asian, and 1.4% two or more races. 11.8% of residents are foreign-born.