Salary AI Book a Demo
Lower Salary

Lower Salary

Salaries

Job Openings

Similar Company

Reviews

Overview

FAQ

Recommended HR Topics
Global Market Data Hot Insights on Your Competitors' PayNew Compensation Planning Hot Develop a Job Description Pay Equlity Benefits Consulting
As of September 2026, the average annual salary for employees at Lower in the United States is $112,336. This translates to an approximate hourly wage of $54. Salaries at Lower typically range from $98,343 to $127,634 annually, reflecting the diverse roles and experience levels within the company.
How accurate does the salary look to you?

Is Lower’s Pay Competitive? Salary Benchmarking Analysis

How does Lower's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
BHG Financial $110,627
-1.5%
Confirms BHG Financial is a direct competitor vying for the exact same talent pool.
Lennar Mortgage LLC $112,030
-0.3%
Suggests Lennar Mortgage LLC utilizes a highly similar base-plus-benefits compensation model.
Carrington Mortgage Services LLC $130,342
+16.0%
Driven by niche technical certifications required for Carrington Mortgage Services LLC's specialized projects.
Guaranteed Rate Affinity LLC $122,568
+9.1%
Influenced by prevailing union wage agreements specific to Guaranteed Rate Affinity LLC's sector.
Financial Services Industry $121,514
+8.2%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

How Lower's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Lower. Click a company name to learn more.

Employee Reviews: Working at Lower

Considering a career at Lower? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Team leads are open to suggestions, and cross-team collaboration is encouraged. It's fulfilling to be part of an organization that genuinely cares about its reputation and client satisfaction. Workload can be demanding during peak periods. Despite having team members, IT support is responsive and systems are user-friendly. A routine-driven environment with predictable outcomes.
Commented in February 27, 2025
50
1
Most coworkers are friendly but focused on their own tasks. Leadership is generally supportive but cautious with change. Overall, this organization offers a fulfilling career path in financial services with opportunities to grow and develop professionally. Focus on compliance sometimes no innovation. From AI-driven analytics to seamless digital platforms, we have the tools to excel in our roles. I...
Commented in February 25, 2025
18
1
Integration between systems works smoothly. The workload is stable, and support is available when needed. Career growth is possible but based on tenure rather than merit.
Commented in January 17, 2024
33
1

Lower Overview

Website
www.lower.com
Founded In
2019
Employees
1,000 - 3,000 employees
Industry
Financial Services
Headquarter Address
7775 Walton Pkwy New Albany Ohio OH 43054
Revenue
$500 Million - $1B
Phone Number
+1 8339202273
Social Media
About Lower
Lower is on a mission to help people build wealth through homeownership. The fintech company, based in Columbus, Ohio, offers a home finance platform that allows customers to deposit money and save for a home, get a mortgage to buy a home, refinance an existing mortgage, and obtain insurance to protect their home. This digital one-stop shop lowers the barriers to homeownership by helping customers

What Benefits Does Lower Offer Beyond Salary?

A competitive compensation package is more than just a salary. Lower offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
Work at Lower?
Share your experience
How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

Get estimated pay range See more details
illustration

What Is the Cost of Living Near Columbus?

Understanding the cost of living near Columbus is key to truly evaluating a salary offer or your current compensation at Lower.
Columbus' Cost of Living Index is approximately 86.8 (13.2% less expensive than US average; 4.4% less than OH average). State capital (Ohio State Univ.), growing, affordable. COTA bus. When planning your budget based on a salary from Lower, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,000 - $1,500+ A significant portion of Lower salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $62 (COTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,282 - $3,602+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Lower

1. How much does Lower in the United States pay?

Lower pays its employees an average of $112,336 per year. The average salary at Lower range from $98,343 to $127,634 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills and location.

2. Do Lower employees get a higher salary than its peer company?

The salary at Lower is higher than its peer company. The average annual salary at Lower is $112,336, or an hourly wage of $54, in comparison to BHG Financial which pays $110,627 per year or $53 per hour.

3. What are the highest paying jobs at Lower?

The higher-paying job at Lower, according to our data, include Co-Founder (avg. $869,581 per year), Chief Financial Officer (avg. $453,361 per year), and Vice President, Corporate Development (avg. $332,003 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Lower?

Salary progression with years of experience at Lower is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Lower vary by office location?

Yes, it's very likely that salaries at Lower vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Columbus section provides more context.

6. Does Lower offer good benefits?

Lower typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Lower" section on this page.

For Employer

What Should I Pay?

The trusted data and intuitive software your organization needs to get pay right.

Explore CompAnalyst ®
Looking for Accurate Salary Data?

Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.

Surveys & Data Sets
Unlock Intelligence on Your Competitors' Salaries Across 35 Countries

Real-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.

SalaryIQTM
The Only Compensation System That Helps You EXCEL.

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.

Compensation Planning