HomeIndianaLake CountyLowell town
Lowell town, Indiana: commercial real estate data.
Lowell town is a Census town of 11,073 people across 7.02 square miles of land, in Lake County. Median household income is $84,024, 84.3 percent of occupied homes are owned, and the SBA record carries 8 7(a) approvals to borrowers here worth $5.6 m.
76 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Lowell
What Lowell is
- Census place typetown
- Land area7.02 sq mi
- Water area0.08 sq mi
- Population per square mile of land1,577
- County holding the largest share of its areaLake County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lowell
How many people live in Lowell
- Population11,073
- Median age39.2
- Population under 182,736
- Share under 1824.7 percent
- Population 65 and over2,445 plus or minus 530
- Share 65 and over22.1 percent plus or minus 4.8
- Households4,204
- Family households3,029
- Share of households that are families72.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lowell
Income and work in Lowell
- Median household income$84,024
- Per capita income$37,683
- Civilian labor force5,140
- Employed4,887
- Unemployed253 plus or minus 123
- Unemployment rate4.9 percent plus or minus 2.3
- Adults 25 and over7,634
- Adults 25 and over with a high school diploma or higher97.7 percent
- Adults 25 and over with a bachelor degree or higher24.2 percent plus or minus 5.2
- Adults 25 and over with a graduate degree8.5 percent plus or minus 3.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lowell
Housing in Lowell
- Housing units4,329
- Occupied units4,204
- Vacant units125 plus or minus 134
- Vacancy rate2.9 percent plus or minus 3.1
- Owner occupied3,542
- Renter occupied662 plus or minus 166
- Ownership rate84.3 percent
- Median owner-occupied home value$248,000
- Median gross rent, monthly$1,123
- Annual rent as a share of median income16.0 percent
- Single family units3,856
- Share single family89.1 percent
- Units in buildings of two or more473 plus or minus 187
- Share in buildings of two or more10.9 percent plus or minus 4.2
- Mobile homes0
- Median year structure built1990
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lowell
How Lowell gets to work
- Workers 16 and over who commute4,284
- Commuting under 15 minutes1,064 plus or minus 291
- Share commuting under 15 minutes24.8 percent plus or minus 6.2
- Commuting 30 minutes or more2,399
- Share commuting 30 minutes or more56.0 percent
- Drove alone78.1 percent
- Carpooled10.3 percent plus or minus 3.3
- Public transport0.0 percent
- Walked1.2 percent plus or minus 1.6
- Worked from home9.1 percent plus or minus 5.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lowell
SBA loans in Lowell (7(a))
- Approvals8
- Gross approval$5,587,300
- Average approval$698,413
- Median approval$150,000
- Ninetieth percentile approval$4,650,000
- Largest approval$4,650,000
- Jobs supported32
- Jobs per approval4.0
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more12.5 percent
- Share to franchises0.0 percent
- Distinct lenders6
- Distinct industries by NAICS7
A charge-off rate is not published here. only 2 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Lowell
SBA loans in Lowell (504)
- Approvals12
- Gross approval$5,068,000
- Average approval$422,333
- Median approval$241,000
- Largest approval$1,817,000
- Jobs supported107
- Loans with a final outcome3
- Charged off0
- Median term240 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Lake County, not Lowell
Lake County context, not Lowell figures
These are Lake County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Lowell measurements.
- Establishments in Lake County10,566
- Employment at those establishments, Lake County171,790
- Covered employment, Lake County191,633
- Average annual pay, Lake County$61,200
- Average weekly wage, Lake County$1,177
- Housing units permitted, Lake County1,649
- Of those, single family, Lake County1,621
- County product, 2024, Lake County$31,242,109,000
- County product change over the prior year, Lake County3.3 percent
- Average income of an arriving household, Lake County$56,327
Every figure in this section is published for Lake County as a whole and is not a measurement of Lowell. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Lowell questions, answered from the record.
How many people live in Lowell, Indiana?
11,073, in 4,204 households. Lowell town covers 7.02 square miles of land, which is 1,577 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Lowell in?
Lake County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Lowell?
$84,024. The median owner-occupied home is valued at $248,000. Median gross rent is $1,123 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Lowell businesses?
8 7(a) approvals totalling $5.6 m, across 6 lenders, median approval $150,000, plus 12 504 approvals worth $5.1 m. These count approvals to borrowers whose address is in Lowell, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Lowell borrowers get paid back?
No rate is published for Lowell. only 2 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Lowell figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Lake County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Lowell.
Is zoning published for Lowell?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.