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Lowellville Local

Learn about the people, housing, costs and businesses in Lowellville Local, Ohio

Median Home$109,509
Median Rent$766/month
Population1,923
Leading IndustriesWholesale Trade · Professional Services · Public Administration14% wholesale trade
Home Value Growth-7.8% over 2 years
Retirees26% of residentswell above average
Homeowners79% of occupied units
NotableAffordable Market$110k median home · lower cost than 95% of the country
NotableVeteran Community9% of residents · top 15% nationally
Lowellville Local
OH

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Lowellville Local?

As of today, the 30-year fixed mortgage rate for Lowellville Local is approximately 7.544% (7.603% 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 Lowellville Local?

The median home value in Lowellville Local is $110k. The median monthly rent is $766. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lowellville Local?

Home values in Lowellville Local have decreased 7.8% over the past two years. Buyers may find more negotiating room in this market. 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 Lowellville Local?

Based on a typical all-in ownership cost of $680/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lowellville Local is $59k/year.

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What industries drive the economy in Lowellville Local?

The largest employment sectors in Lowellville Local are public administration (26%) and wholesale trade (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.