Loami, IL
Population 830 · Illinois
About Loami, IL
Loami is a small community in Illinois with a population of 830 residents. The median household income is $53,750 per year, which is near the national average. The median age in Loami is 29.5 years.
Housing in Loami has a median home value of $108,800 and median monthly rent of $871. Of the 368 total housing units, the majority are owner-occupied, with 263 owner-occupied and 68 renter-occupied units.
The unemployment rate in Loami is 1.7% and the poverty rate is 12.5%. 20.7% of residents hold a bachelor's degree or higher. The average commute time is 24.2 minutes.
Cost of Living in Loami, IL
Compared to national averages, Loami has a median household income of $53,750 (28% below the national median of $75,149). Home values average $108,800, which is 56% below the national median. Monthly rent at $871 is 25% below the US average of $1,163. Within Illinois, Loami's income is 28% below the state average of $75,072, and home values are 34% below the state median of $165,779.
Why Live in Loami, IL?
Loami offers affordable housing with a median home value of $108,800, below the US average of $244,900, and rent that’s lower than the national average at $871/month, and a strong job market with an unemployment rate of just 1.7%. Additionally, the city features short commute times averaging just 24.2 minutes.
Potential considerations include median household income ($53,750) that falls below the national average. However, Loami’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Loami has a population of 830 with a median age of 29.5 years. Compare Loami with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Loami
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Roseville | 830 | $56,029 | $88,600 | Compare |
| Stewardson | 830 | $58,571 | $106,800 | Compare |
| Kinmundy | 831 | $37,667 | $83,900 | Compare |
| Sunnyland | 829 | $65,833 | $140,700 | Compare |
| Ashton | 837 | $61,389 | $106,300 | Compare |
| Argenta | 838 | $75,313 | $107,200 | Compare |
| Willow Lake | 838 | $93,750 | $154,100 | Compare |
| Bonnie Brae | 844 | $76,483 | $224,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Loami With Other Cities
Frequently Asked Questions about Loami
What is the population of Loami, IL?
The population of Loami, IL is 830 according to the latest Census data.
What is the median household income in Loami?
The median household income in Loami, IL is $53,750 per year.
What is the median home value in Loami?
The median home value in Loami, IL is $108,800.
What is the average rent in Loami?
The median monthly rent in Loami, IL is $871.
What is the unemployment rate in Loami?
The unemployment rate in Loami, IL is 1.7%.