Lomax, Illinois Housing

Lomax, Illinois has a population of 400, with a median household income of $103,245.

Current housing data for Lomax.

$452,110

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Population

400

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Median Income

$103,245

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Unemployment

4.80%

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Housing Price

$452,110

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Crime Rate

2.20

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Internet Speed

200.00 Mbps

Lomax is a small local community located in Illinois. The city has a population that is below the average city population in Illinois, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Lomax, located in Illinois, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Lomax has a population of 400, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Lomax is $103,245, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Lomax average around $452,110, which is relatively high compared to other cities in Illinois.

Employment and Safety

The unemployment rate in Lomax is 4.80%, which is lower than the state average, indicating a relatively strong job market. Lomax has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Illinois, Lomax shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Lomax offers a balanced mix of economic conditions, population trends, and housing opportunities within Illinois.

Frequently Asked Questions about Lomax

What is the population of Lomax?

The population of Lomax is approximately 400.

Is Lomax a good place to live?

Lomax offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Lomax?

The median household income in Lomax is around $103,245.

How expensive is housing in Lomax?

The average housing price in Lomax is approximately $452,110.