Lower Salary

Lower Salary

How much does the Lower Pay for employees?

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As of August 2026, the average weekly salary for employees at Lower in the United States is $2,160. This translates to an approximate annual wage of $112,336. Salaries at Lower typically range from $1,891 to $2,454 weekly, reflecting the diverse roles and experience levels within the company. Lower’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does Lower Pay for Different Roles?

Explore detailed salary information for specific jobs at Lower. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
How accurate does the salary look to you?

Current Job Openings at Lower

Ready for your next career move? Explore current job openings at Lower. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Lower’s Pay Competitive? Salary Benchmarking Analysis

How does Lower’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Lower
Financial Services
BHG Financial
Lennar Mortgage LLC
Industry Comparison
Our data shows that, on average, compensation at Lower is below the average for the U.S. Financial Services industry by approximately 8%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Lower average annual salary with several similar companies. Lower average salary of $112,336 is higher than BHG Financial, which has an average salary of $110,627. It is higher than Lennar Mortgage LLC, with their average salary at $112,030. This places Lower in a competitive position among its peers.
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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)
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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.

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