Loami village, Illinois Demographics & Population 2026
As of 2026, Loami village, Illinois has a total population of 830, the 753rd largest city in Illinois, with a median household income of $53,750, which is 34% lower than the state average. The poverty rate is 12.5%.
Key Takeaways
- Household income is 34% below the state average, indicating significant economic challenges.
- Housing is very affordable with a home-value-to-income ratio of just 2.0x.
- Near full employment with an unemployment rate of just 1.7%.
Loami village Quick Facts
How Loami village Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 60 | National average: 60
Education
Educational Attainment (Adults 25+)
Loami village Rankings in Illinois
Explore Illinois Rankings
Cities Similar to Loami village
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Roseville village | 830 | $56,029 | $88,600 | 21.1% | 8.2% |
| Witt city | 844 | $52,813 | $49,500 | 11.6% | 21.6% |
| Mitchell CDP | 847 | $55,313 | $98,500 | 5.7% | 5.1% |
| Stewardson village | 830 | $58,571 | $106,800 | 18.7% | 12.5% |
| Ashton village | 837 | $61,389 | $106,300 | 9.3% | 15.8% |
Population Overview
Loami village is a small community located in Illinois. The total population is 830. It ranks as the 753rd most populous out of 1,445 cities and towns in Illinois.
Age Demographics
The median age in Loami village is 29.5 years. This is 24% lower than the state median of 38.9 years.
Economy, Income & Housing
The median household income in Loami village is $53,750. This is 34% lower than the state median of $81,702. Compared to the national median of $78,538, household income here is 32% lower. The poverty rate stands at 12.5%. This is 7% higher than the state poverty rate of 11.7%. The unemployment rate is 1.7%. This is 71% lower than the state rate of 5.8%. The median home value is $108,800. Housing costs are 57% lower than the state median of $250,500. With a home-value-to-income ratio of just 2.0x, Loami village is one of the most affordable housing markets in the area. 79.5% of occupied housing units are owner-occupied. This homeownership rate is 19% higher than the state average of 66.8%.
Race & Ethnicity
Loami village has a predominantly White (non-Hispanic) population, comprising 88.1% of all residents. Hispanic or Latino residents account for 6.4%. The Black or African American population (0.6%) is well below the state average of 13.6%. The Hispanic or Latino population (6.4%) is well below the state average of 18.5%. The Asian population (2.1%) is well below the state average of 5.8%.
Education
20.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 44% lower than the state rate of 37.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 87.7%.
Data Sources & Methodology
All demographic data for Loami village, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Loami village, Illinois?
Loami village, Illinois has a population of 830 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Loami village, IL?
The median household income in Loami village is $53,750, which is 32% lower the national median of $78,538.
What is the poverty rate in Loami village, IL?
The poverty rate in Loami village is 12.5%. This means approximately 103 residents live below the federal poverty line.
What is the racial makeup of Loami village, Illinois?
Loami village's population is 88.1% White, 0.6% Black, 6.4% Hispanic/Latino, and 2.1% Asian.
What is the median home value in Loami village, IL?
The median home value in Loami village is $108,800. The home-value-to-income ratio is 2.0x.
How educated is Loami village, Illinois?
20.7% of adults (25+) in Loami village hold a bachelor's degree or higher, and 5.2% hold a graduate or professional degree.