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Lowell Point

Learn about the people, housing, costs and businesses in Lowell Point, Alaska

Median Home$385,000
Median Rent$1,189/month
Population73
Leading IndustriesFinance & Insurance · Information & Media · Construction10% finance & insurance
Home Value Growth⬆⬆+15.9% over 2 years
Retirees21% of residentsnear the national average
Homeowners63% of occupied units
NotableHigh Incomes$87k/year · top 27% nationally
Lowell Point
AK

Frequently Asked Questions

What are today's mortgage rates in Lowell Point?

As of today, the 30-year fixed mortgage rate for Lowell Point is approximately 7.063% (7.108% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Lowell Point?

The median home value in Lowell Point is $385k. The median monthly rent is $1,189. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lowell Point?

Home values in Lowell Point have increased 15.9% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Lowell Point?

Based on a typical all-in ownership cost of $1,321/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $57k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lowell Point is $87k/year.

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What industries drive the economy in Lowell Point?

The largest employment sectors in Lowell Point are public administration (26%) and information and media (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.