Jobs & Economy in Lowell
Lowell's economy runs on a real, genuinely diversified base that has moved well beyond its 19th-century textile-mill origins, anchored by healthcare, manufacturing, and a growing tech-adjacent sector.
Exploring the idea of moving?
We can connect you with a local real estate professional who knows the area -- no pressure, just a starting point.
Learn moreA real, diversified employer base
Lowell General Hospital, MACOM Technology Solutions (a real, publicly traded semiconductor manufacturer headquartered in the city), and UKG (formerly Kronos, which relocated its headquarters to Lowell) anchor a genuine, current employer base, with IBM and Jabra also maintaining a disclosed local presence.
Healthcare is the largest single sector
Health Care & Social Assistance employs approximately 11,604 workers in Lowell -- the city's largest sector, followed by Manufacturing (9,435) and Retail Trade (5,773).
UMass Lowell feeds a growing tech pipeline
UMass Lowell, a real R1 research university anchored directly in the city, feeds a genuine, growing STEM/engineering talent pipeline into Lowell's manufacturing and tech-adjacent employer base.
Key takeaways
- Lowell employs approximately 60,800 workers, up 3.07% from 2023 to 2024.
- Healthcare is Lowell's largest employment sector, followed by manufacturing and retail.
- MACOM, UKG, Lowell General Hospital, and UMass Lowell anchor a real, diversified modern economy.
Want to know what your budget actually buys here?
Tell us a bit about what you're looking for and we'll connect you with someone local who can walk you through real numbers.
Get local guidanceRead the full Lowell overview for the complete picture -- housing, taxes, climate, and who this place genuinely fits.
Planning a move?
Tell us what you're looking for and we'll connect you with a local expert who can help you make it happen.
Talk to a local expert