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ZipNumbers

Illinois · Census place 44173

Loami village, IL

Quick answer

Loami village has 830 residents, ranking #753 of 1462 places in Illinois. Median household income is $53,750, the median home is worth $108,800 and median gross rent runs $871 a month.

Population
830Loami village residents
Median household income
$53,750Past 12 months, inflation adjusted
Median home value
$108,800Owner-occupied units
Median gross rent
$871Rent plus utilities, monthly
Median age
29.5 yrsAll residents
Homeownership rate
79.5%Owner-occupied households

What the numbers mean in Loami village

Housing cost measured against local earnings.

A household earning the Loami village median would spend about 19.4% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 12.5% of residents and 79.5% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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