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Lynnfield, MA Profile: Facts & Data

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Lynnfield, Massachusetts - Basic Facts

The Lynnfield Census Designated Place had a population of 12,344 as of July 1, 2020.

The primary coordinate point for Lynnfield is located at latitude 42.539 and longitude -71.0481 in Essex County. The formal boundaries for the Lynnfield Census Designated Place encompass a land area of 9.88 sq. miles and a water area of 0.58 sq. miles. Essex County is in the Eastern time zone (GMT -5). The elevation is 89 feet.

The Lynnfield Census Designated Place (GNIS ID: 2378156) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Lynnfield Census Designated Place is located within Town of Lynnfield, a minor civil division (MCD) of Essex County.

Alternate Unofficial Names for Lynnfield: Lynn End, Lynnfield Center, Lynnfield Centre.

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Lynnfield, MA Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 12,344 (100%)
Population in Households 12,332 (99.9%)
Population in Families 11,085 (89.8%)
Population in Group Quarters1 12 ( 0.1%)
Population Density 1,252
Diversity Index2 23
 
 

INCOME

Median Household Income $147,014
Average Household Income $182,814
% of Income for Mortgage4 19%
Per Capita Income $65,536
Wealth Index5 292
 

HOUSING

Total HU (Housing Units) 4,592 (100%)
Owner Occupied HU 3,791 (82.6%)
Renter Occupied HU 634 (13.8%)
Vacant Housing Units 167 ( 3.6%)
Median Home Value $673,286
Average Home Value $723,707
Housing Affordability Index3 113
 

HOUSEHOLDS

Total Households 4,425
Average Household Size 2.79
Family Households 3,437
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

 2010-2020 2020-2025
Population 0.61% 0.47%
Households 0.56% 0.45%
Families 0.5% 0.42%
Median Household Income   1.44%
Per Capita Income   2.15%
Owner Occupied HU   0.41%

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Lynnfield, MA - Peer Comparisons by Rank and Percentile

The table below compares Lynnfield to the other 245 incorporated cities, towns and CDPs in Massachusetts by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 82 67th
Population Density # 137 44th
Median Household Income # 13 95th
Housing Affordability Index # 138 56th
Per Capita Income # 29 89th
Diversity Index # 141 43rd

Additional comparisons and rankings can be made with a VERY EASY TO USE Massachusetts Census Data Comparison Tool.

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