The median home value in Lomax, IL is $81,500. This is lower than the county median home value of $89,000. The national median home value is $338,100. The average price of homes sold in Lomax, IL is $81,500. Approximately 59.77% of Lomax homes are owned, compared to 27.59% rented, while 12.64% are vacant. Lomax real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Lomax real estate agent to arrange a tour today!
Learn More About Lomax Real EstateLomax has a population of approximately 354 and experiences a population change rate of -25.79%. The population density is 339.7 / sq mi.
The median household income for Lomax is $41,250, with 152 households and an average household size of 2.33.
The cost of living index in Lomax is 74.8%.
The median value of a home in Lomax is $81,500 with an appreciation rate of 8.9%. 59.8% of housing in the city is owned while 27.6% is rented.
The unemployment rate in Lomax is 3.40%, and recent job growth is at 1.92%. Future job growth is projected at 33.62%.
The sales tax rate in Lomax is 7.25%, while the income tax rate is 4.95%.
School expenditures in Lomax are $16,460, and the school ratio is 10.5:1.
The average high temperature in July is 86 degrees, with an average low temperature in January of 15.9 degrees. The average rainfall is approximately 39.6 inches per year, with 21 inches of snow per year.
Metric | City | County |
---|---|---|
High School Graduates | 94.44 | 92.46 |
College Degree - 2 year | 7.14 | 9.87 |
College Degree - 4 year | 10.32 | 18.56 |
Graduate Degree | 1.19 | 3.6 |
Expenditures per Student | $16,460 | $16,460 |
Students per Teacher | 10.50 | 10.50 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Dallas City Elementary School | PK - 08 | 186 | 10.3 | 62330 |
La Harpe Elementary School | PK - 05 | 164 | 11 | 61450 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
La Harpe Junior High School | 06 - 08 | 72 | 9.1 | 61450 |
West Central Middle School | 06 - 08 | 203 | 12.3 | 61480 |