Lynnfield, MA Profile: Facts & Data

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 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.

A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Lynnfield, MA Data & Demographics (As of July 1, 2022)

POPULATION
Total Population	13,127 (100%)
Population in Households	13,026 (99.2%)
Population in Families	11,690 (89.1%)
Population in Group Quarters¹	101 ( 0.8%)
Population Density	1,332
Diversity Index²	29


INCOME
Median Household Income	$158,670
Average Household Income	$212,999
% of Income for Mortgage⁴	23%
Per Capita Income	$74,378
Wealth Index⁵	292

HOUSING
Total HU (Housing Units)	4,773 (100%)
Owner Occupied HU	3,872 (81.1%)
Renter Occupied HU	711 (14.9%)
Vacant Housing Units	190 ( 4.0%)
Median Home Value	$679,039
Average Home Value	$749,238
Housing Affordability Index³	100

HOUSEHOLDS
Total Households	4,583
Average Household Size	2.84
Family Households	3,537
Average Family Size	3.00

NOTES

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.
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.
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.
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).
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.

Lynnfield, MA - Peer Comparisons by Rank and Percentile

The table below compares Lynnfield to the other 248 incorporated cities, towns and CDPs in Massachusetts by rank and percentile using July 1, 2022 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.

GROWTH RATE / YEAR	2020-2022	2022-2027
Population	0.43%	-0.11%
Households	-0.06%	-0.18%
Families		-0.16%
Median Household Income		2.98%
Per Capita Income		3.30%
Owner Occupied HU		0.06%

Variable Description	Rank	Percentile
Total Population	# 81	68th
Population Density	# 129	48th
Median Household Income	# 18	93rd
Housing Affordability Index	# 154	62nd
Per Capita Income	# 40	84th
Diversity Index	# 146	42nd

Lynnfield, MA Profile: Facts & Data

Lynnfield, Massachusetts - Basic Facts

Lynnfield, MA Data & Demographics (As of July 1, 2022)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Lynnfield, MA - Peer Comparisons by Rank and Percentile

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