Real Estate details: Philadelphia PA vs Lawrence MA
RE Insights
| Metric | Philadelphia | Lawrence |
|---|---|---|
| Population | 1,567,258 | 87,954 |
| Median Home Price | $285,000 | $375,000 |
| Rent | 48% | 70% |
| Own | 52% | 30% |
Real Estate Insights Comparison: Philadelphia vs Lawrence
- Philadelphia has a larger population of 1,567,258 compared to 87,954 in Lawrence.
- The median home price in Lawrence is higher at $375,000 compared to $285,000 in Philadelphia.
- The rent percentage in Lawrence is higher at 70% compared to 48% in Philadelphia.
- A greater percentage of homeowners in Philadelphia at 52% compared to 30% in Lawrence.
Environmental Insights
Understanding environmental factors is crucial for assessing the sustainability and quality of life in a city or town. Environmental conditions can vary significantly, influenced by factors such as air quality, green spaces, and local climate. Evaluating these aspects helps in making informed decisions about living and investing in a community.