01850, Lowell, MA

The 1850 zip code of Lowell, MA, had a population of 9,872. The median household income in this zip code was $1,811, and the median home value was $5,000. The average home value in this zip code has increased by 116% since 1850. This is due to the growth of the city of Lowell and its surrounding areas.

Lowell was founded in 1798 as a mill town on the Merrimack River. In 1825, Lowell became an incorporated city with a population of 2,500. By 1850, the city had a population of 9,872 and had grown to encompass 27 square miles. The main industries in Lowell at this time were textiles and shoe manufacturing.

The growth of Lowell led to an increase in home values throughout the city. Between 1850 and 1900, home values increased 116%. This is likely due to several factors: 1) an increase in population; 2) an increase in available land; 3) an increase in economic stability; 4) improvements made to homes (e.g., new construction materials or updated design).

Today, there are still many homeowners who have been able to benefit from the growth of their home equity over the past 150 years!