Living in Loda, Illinois

Cost of living, income, home prices, rent and demographics of Loda · Census data 2020–2024

Loda has 279 residents with a median age of 39.5. The median household income is $80,250 (4% lower than the Illinois median), the median home value is $108,300.

Loda is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Loda at a glance

Population
279
Median age
39.5State: 39
Median household income
$80,250State: $83,390
Median home value
$108,300State: $263,300
Homeowners
95.4%
Bachelor's degree or higher
15.9%
Average commute
31 min

Is Loda a good place to live?

Pros: Home values 59% lower than the state median; unemployment of 3.1%.

Cons: Median household income 4% lower than the Illinois median; an average commute of 31 minutes; a poverty rate of 19.4%.

The weather is best in May and July to September.

Cost of living in Loda

Housing is the biggest part of the cost of living. In Loda the median home value is $108,300, 67% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,140 a month in housing costs.

Median home value

Loda$108,300
Illinois$263,300
United States$332,700

Median monthly rent

Illinois$1,274
United States$1,413

Loda median household income

The median household income in Loda is $80,250 and the income per person is $30,420. 19.4% of residents live below the poverty line (Illinois: 11.8%).

Median household income

Loda$80,250
Illinois$83,390
United States$80,734

Housing in Loda: homes for sale and rent

Housing units
130
Owner-occupied
95.4%
Renter-occupied
4.6%
Vacant
16.2%Includes seasonal homes
Median year built
1965
Average household size
2.56

Loda demographics

Population
279
Median age
39.5
Under 18
29.7%
65 and older
22.6%
Households
109
Foreign-born
1.4%
Veterans
9.2%Adults 18+

Race and ethnicity

White86.4%
Hispanic or Latino5.4%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Loda ›

Education in Loda

15.9% of adults 25 and older in Loda have a bachelor's degree or higher (Illinois: 37.8%), and 3.8% have a graduate or professional degree.

Bachelor's degree or higher

Loda15.9%
Illinois37.8%
United States35.7%

Jobs and commute in Loda

Unemployment rate
3.1%State: 5.8%
Average commute
31 minState: 28 min
Work from home
8.1%
Drive alone
65.9%
Public transit
0%
Walk to work
3.3%
Homes with broadband
78.9%

Loda vs nearby towns

TownPopulationMedian incomeHome valueRent
Loda279$80,250$108,300—
Paxton4,131$62,386$120,400$784
Buckley422$53,500$96,800$838
Roberts487$60,500$59,700$865
Ludlow372$45,000$72,500$1,024
Melvin430$43,958$66,300$681
Rankin601$41,250$56,900$767
Cissna Park903$56,667$130,300$745
Elliott258$51,094$83,800$736

More for people moving to Loda

Loda ZIP code ›Weather and climate ›

Living in Loda: FAQ

What is the median household income in Loda, IL?

The median household income in Loda is $80,250, 4% lower than the Illinois median of $83,390 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Loda?

The median home value in Loda is $108,300, compared with $263,300 in Illinois.

Is Loda, IL a good place to live?

Pluses: home values 59% lower than the state median; unemployment of 3.1%. Minuses: median household income 4% lower than the Illinois median; an average commute of 31 minutes; a poverty rate of 19.4%.

What is the median age in Loda?

The median age in Loda is 39.5 years (Illinois: 39).

How long is the commute in Loda?

The average commute to work in Loda is 31 minutes; 8.1% of workers work from home.

What is the unemployment rate in Loda?

The unemployment rate in Loda is 3.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Loda?

15.9% of adults in Loda have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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