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Lomax IL Landlot Properties For Sale

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 Estate

Statistics & facts

354 Population
$81,500 Medium Home Value
152 # of Households
12.64% Housing Vacancy
33.62% Future Job Growth
3.40% Unemployment Rate

Andrea Conner, License #BR685747000, Xome Inc., License #LC658141000 AndreaD.Conner@Xome.com, 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


Information deemed reliable but not guaranteed. Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. The ARMLS logo indicates a property listed by a real estate brokerage other than this broker. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.


Population

Lomax has a population of approximately 354 and experiences a population change rate of -25.79%. The population density is 339.7 / sq mi.

Household

The median household income for Lomax is $41,250, with 152 households and an average household size of 2.33.

Cost of Living

The cost of living index in Lomax is 74.8%.

Home Value

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.

Employment

The unemployment rate in Lomax is 3.40%, and recent job growth is at 1.92%. Future job growth is projected at 33.62%.

Taxes

The sales tax rate in Lomax is 7.25%, while the income tax rate is 4.95%.

Education

School expenditures in Lomax are $16,460, and the school ratio is 10.5:1.

Weather

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.

Education near Lomax IL

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

Elementary Schools near Lomax IL

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

Middle Schools near Lomax IL

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