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Lowes

Learn about the people, housing, costs and businesses in Lowes, Kentucky

Median Home$166,000
Median Rent$971/month
Population95
Leading IndustriesProfessional Services · Wholesale Trade · Retail6% professional services
Home Value Growth⬆⬆⬆+25.9% over 2 years
Young Adults23% of residents
Homeowners88% of occupied units
Lowes
KY

Frequently Asked Questions

What are today's mortgage rates in Lowes?

As of today, the 30-year fixed mortgage rate for Lowes is approximately 6.958% (6.999% 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 Lowes?

The median home value in Lowes is $166k. The median monthly rent is $971. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lowes?

Home values in Lowes have increased 25.9% 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 Lowes?

Based on a typical all-in ownership cost of $780/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lowes is $61k/year.

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What industries drive the economy in Lowes?

The largest employment sectors in Lowes are retail (21%) and wholesale trade (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.