Loda, IL
Population 289 · Illinois
About Loda, IL
Loda is a small community located in Illinois with a population of 289 residents according to the latest US Census Bureau American Community Survey data. The median household income is $61,250 per year, which is 18% below the national median of $75,149. The median age of 38.2 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Loda features a median home value of $96,300, which is 61% below the national median of $244,900. This makes Loda one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 142 total housing units, 91% are owner-occupied (100 units) and 9% are renter-occupied (10 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Loda shows an unemployment rate of 2.9%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 14.9%, above the national average of 12.4%. Workers in Loda have an average one-way commute time of 28.2 minutes.
Education & Demographics
17.5% of Loda residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 3.5% White, 2.1% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 1.4% of the population being foreign-born.
Cost of Living in Loda, IL
Compared to national averages, Loda has a median household income of $61,250 (18% below the national median of $75,149). Home values average $96,300, which is 61% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Illinois, Loda's income is 18% below the state average of $75,072, and home values are 42% below the state median of $165,779.
Why Live in Loda, IL?
Loda offers affordable housing with a median home value of $96,300, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 2.9%.
Potential considerations include median household income ($61,250) that falls below the national average. However, Loda’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Loda has a population of 289 with a median age of 38.2 years. Compare Loda with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Loda
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| White City | 289 | $76,875 | $119,900 | Compare |
| Broadlands | 288 | $67,917 | $114,300 | Compare |
| Bay View Gardens | 287 | $46,875 | $116,700 | Compare |
| Buckingham | 287 | $76,250 | $116,200 | Compare |
| Dowell | 287 | $51,625 | $42,100 | Compare |
| East Cape Girardeau | 292 | $42,188 | $57,500 | Compare |
| Easton | 286 | $62,188 | $89,100 | Compare |
| Secor | 286 | $66,250 | $96,900 | 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 Loda With Other Cities
Frequently Asked Questions about Loda
What is the population of Loda, IL?
The population of Loda, IL is 289 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Illinois.
What is the median household income in Loda?
The median household income in Loda, IL is $61,250 per year, which is 18% below the national median of $75,149.
What is the median home value in Loda?
The median home value in Loda, IL is $96,300, which is 61% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Loda?
The median monthly rent in Loda, IL is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Loda?
The unemployment rate in Loda, IL is 2.9%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Loda, IL a good place to live?
Loda offers a moderate cost of living, affordable housing, and a strong job market. With a population of 289 and a median age of 38.2, the city appeals to a broad range of residents.
How educated is Loda, IL?
17.5% of residents in Loda aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Loda?
Key cost-of-living indicators for Loda, IL: median home value is $96,300 (61% below national), median rent is $0/month, and median household income is $61,250. The home-value-to-income ratio is 1.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Loda?
The poverty rate in Loda, IL is 14.9%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Loda, IL?
Loda's population is 3.5% White, 2.1% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 1.4% of residents are foreign-born.