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Lomax, IL 61454 has a population of approximately 538 and experiences a population change rate of -30.22%. The population density is 17.3 / sq mi .
The median household income for Lomax, IL 61454 is $43,125, with 186 households and an average household size of 2.3.
The median value of a home in Lomax, IL 61454 is $93,900 with an appreciation rate of 8.90%. 64.19% of housing in the state is owned while 22.33% is rented.
The cost of living in Lomax, IL 61454 is 75.9 %.
The unemployment rate in Lomax, IL 61454 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, IL 61454 is 7.25%, while the income tax rate is 4.95% .
School expenditures in Lomax, IL 61454 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.