The typical owner-occupied home in Lowndesboro is worth about $196,900, 6% below the Alabama median of $209,900 and 41% below the national median of $332,700. Owners pay a median $1,000 a year in property taxes, about 0.51% of their home's value, higher than the Alabama rate of 0.38%. 100% of occupied homes here are lived in by their owners, and 71% of those owners still have a mortgage.
Lowndesboro at a glance
| Lowndesboro | Alabama | U.S. | |
|---|---|---|---|
| Median home value | $196,900 | $209,900 | $332,700 |
| Median property tax paid per year | $1,000 | $788 | $3,119 |
| Property tax as a share of value | 0.51% | 0.38% | 0.94% |
| Median household income | – | $63,999 | $80,734 |
| Homes lived in by their owners | 100% | 70% | 65% |
| Owner homes with a mortgage | 71% | 54% | 61% |
| Median monthly costs, owners with a mortgage | $1,523 | $1,433 | $1,963 |
| Those costs as a share of the owners' income | 25.0% | 19.0% | 21.0% |
| Median rent | – | $1,007 | $1,413 |
| Median year homes were built | 1963 | 1986 | 1980 |
| Vacant homes | 42.9% | 14.5% | 10.1% |
| Population | 70 | 5,086,768 | 334,922,499 |
What a typical home costs per month in Lowndesboro
At this week's average 30-year rate of 7.11%, buying the median Lowndesboro home of $196,900 with 20% down costs about $1,225 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,553, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $52,516 for the 20%-down payment.
| Down payment | $39,380 |
|---|---|
| Loan amount | $157,520 |
| Principal and interest | $1,060 |
| Property taxes (0.51% a year) | $84 |
| Homeowners insurance (our estimate, 0.5% a year) | $82 |
| PMI | $0 |
| Total per month | $1,225 |
Change the numbers in the calculator
| Down payment | $6,892 |
|---|---|
| Loan amount | $193,334 |
| Principal and interest | $1,301 |
| Property taxes (0.51% a year) | $84 |
| Homeowners insurance (our estimate, 0.5% a year) | $82 |
| FHA mortgage insurance | $87 |
| Total per month | $1,553 |
Change the numbers in the calculator
Questions about home buying in Lowndesboro
What is the median home value in Lowndesboro?
About $196,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Lowndesboro?
Homeowners pay a median $1,000 a year, which is about 0.51% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Lowndesboro?
For the median home with 20% down at 7.11%, the payment is about $1,225 a month. Keeping that under 28% of gross income takes about $52,516 a year.
More about Lowndesboro
- Mortgage Refinance in Lowndesboro
- Debt Relief in Lowndesboro
- Home Equity Loans in Lowndesboro
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data