The average household size in Lynnfield, MA is 3.27 family members members, with 85.1% being the owner of their own dwellings. The mean home valuation is $669506. For those people paying rent, they pay on average $1669 per month. 66.3% of homes have two sources of income, and a median household income of $128641. Average individual income is $54044. 2% of inhabitants survive at or below the poverty line, and 7.3% are handicapped. 5% of inhabitants are ex-members for the armed forces.
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The labor pool participation rate in Lynnfield is 68.8%, with an unemployment rate of 5.2%. For the people into the labor pool, the average commute time is 32.5 minutes. 24.7% of Lynnfield’s community have a masters diploma, and 30.3% have earned a bachelors degree. Among the people without a college degree, 23.1% have some college, 18.6% have a high school diploma, and only 3.3% possess an education less than high school. 1.3% are not covered by health insurance.
Lynnfield, MA is situated in Essex county, and includes a residents of 12894, and exists within the higher Boston-Worcester-Providence, MA-RI-NH-CT metro area. The median age is 43.6, with 13.3% for the population under 10 years old, 13.9% are between 10-nineteen several years of age, 8.3% of town residents in their 20’s, 10.5% in their 30's, 13.7% in their 40’s, 15.6% in their 50’s, 11.9% in their 60’s, 6.9% in their 70’s, and 6.1% age 80 or older. 48.2% of inhabitants are men, 51.8% women. 63.7% of inhabitants are reported as married married, with 5.8% divorced and 23.3% never wedded. The percentage of citizens recognized as widowed is 7.2%.