Loomis, MI
Population 221 · Michigan
About Loomis, MI
Loomis is a small community located in Michigan with a population of 221 residents according to the latest US Census Bureau American Community Survey data. The median household income is $65,000 per year, which is 14% below the national median of $75,149. The median age of 47.2 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Loomis features a median home value of $87,500, which is 64% below the national median of $244,900. This makes Loomis 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 121 total housing units, 83% are owner-occupied (71 units) and 17% are renter-occupied (15 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Loomis shows an unemployment rate of 5.2%, which is near the national rate of 3.7%. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Loomis have an average one-way commute time of 25.4 minutes.
Education & Demographics
4.3% of Loomis 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 0.0% White, 0.5% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Loomis, MI
Compared to national averages, Loomis has a median household income of $65,000 (14% below the national median of $75,149). Home values average $87,500, which is 64% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Michigan, Loomis's income is 2% below the state average of $66,017, and home values are 52% below the state median of $183,391.
Why Live in Loomis, MI?
Loomis offers affordable housing with a median home value of $87,500, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a low poverty rate of 0.0%, better than the national average.
Potential considerations include median household income ($65,000) that falls below the national average. However, Loomis’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Loomis has a population of 221 with a median age of 47.2 years. Compare Loomis with other cities to see how it stacks up, or explore all cities in Michigan.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Loomis
What is the population of Loomis, MI?
The population of Loomis, MI is 221 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Michigan.
What is the median household income in Loomis?
The median household income in Loomis, MI is $65,000 per year, which is 14% below the national median of $75,149.
What is the median home value in Loomis?
The median home value in Loomis, MI is $87,500, which is 64% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Loomis?
The median monthly rent in Loomis, MI is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Loomis?
The unemployment rate in Loomis, MI is 5.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Loomis, MI a good place to live?
Loomis offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 221 and a median age of 47.2, the city appeals to established professionals and retirees.
How educated is Loomis, MI?
4.3% of residents in Loomis 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 Loomis?
Key cost-of-living indicators for Loomis, MI: median home value is $87,500 (64% below national), median rent is $0/month, and median household income is $65,000. The home-value-to-income ratio is 1.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Loomis?
The poverty rate in Loomis, MI is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Loomis, MI?
Loomis's population is 0.0% White, 0.5% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.