How Many Residents Rent Homes in Lynnfield?

LYNNFIELD, MA—Lynnfield residents live in homes both big and small, but how many residents rent homes as opposed to owning them?

According to data from the American Community Survey, 13.2 percent of residents rent homes in Lynnfield. This figure is significantly lower than the percentage in Middlesex County (36.9 percent) and the Commonwealth as a whole (37.7 percent).

Residents are paying more monthly rent then their counterparts across the state. 39.5 percent of residents are paying over $1,500 per month in monthly rent, a figure nearly 23 percentage points higher than the county total of 16.6 percent and more than seven percent greater than the Greater Boston Area total of 32.1 percent.