Home

Lomax, IL Real Estate


According to census data in the year 2000 there were 205 housing units in Lomax. This represents a 1% decline from 207 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 205 were located in what is classified as a rural area.

Homeownership rate in Lomax is about 79.5%. Lomax's vacancy rate, including seasonal lodging, is about 4.9%. Average household size is 2.46 people.

The majority of houses, apartments or condos in Lomax were built after 1959.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom7.80%
Two Bedrooms45.40%
Three Bedrooms41%
Four Bedrooms4.90%
Five Bedrooms or more1%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.56
Median year structure was built1956
Median Value of occupied units$38,800
Median Price asked for vacant units$9,999

Rented Homes, Apartments and Condos

Average Household Size2.05
Median year structure was built1970
Median Monthly Rent asked for vacant units$325

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan1.80%
Simple Mortgage47.40%
Debt Free50.90%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs12.7%