Living in Loomis, Michigan
Cost of living, income, home prices, rent and demographics of Loomis · Census data 2020–2024
Loomis has 200 residents with a median age of 50.2. The median household income is $71,500 (about the same as the Michigan median), the median home value is $87,600.
Loomis is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Loomis at a glance
- Population
- 200
- Median age
- 50.2State: 40.2
- Median household income
- $71,500State: $72,875
- Median home value
- $87,600State: $231,600
- Homeowners
- 84.5%
- Bachelor's degree or higher
- 6%
- Average commute
- 26 min
Is Loomis a good place to live?
Pros: Home values 62% lower than the state median; unemployment of 2.6%; a poverty rate of 2%.
Cons: Median household income about the same as the Michigan median; an average commute of 26 minutes.
The weather is best in June to September.
Cost of living in Loomis
Housing is the biggest part of the cost of living. In Loomis the median home value is $87,600, 74% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,176 a month in housing costs.
Loomis median household income
The median household income in Loomis is $71,500 and the income per person is $55,245. 2% of residents live below the poverty line (Michigan: 13.2%).
Housing in Loomis: homes for sale and rent
- Housing units
- 128
- Owner-occupied
- 84.5%
- Renter-occupied
- 15.5%
- Vacant
- 34.4%Includes seasonal homes
- Median year built
- 1977
- Average household size
- 2.38
34.4% of homes are vacant most of the year, a sign that Loomis has many vacation and second homes.
Loomis demographics
- Population
- 200
- Median age
- 50.2
- Under 18
- 9.5%
- 65 and older
- 8.5%
- Households
- 84
- Foreign-born
- 0%
- Veterans
- 2.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Loomis ›
Education in Loomis
6% of adults 25 and older in Loomis have a bachelor's degree or higher (Michigan: 32.4%), and 0% have a graduate or professional degree.
Jobs and commute in Loomis
- Unemployment rate
- 2.6%State: 5.7%
- Average commute
- 26 minState: 24 min
- Work from home
- 8.3%
- Drive alone
- 64.6%
- Public transit
- 0%
- Walk to work
- 2.8%
- Homes with broadband
- 72.6%
Loomis vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Loomis | 200 | $71,500 | $87,600 | — |
| Coleman | 1,206 | $47,868 | $103,500 | $643 |
| Clare | 3,324 | $41,226 | $134,600 | $822 |
| Rosebush | 331 | $44,750 | $104,500 | $591 |
| Beaverton | 1,061 | $30,050 | $109,000 | $694 |
| Farwell | 974 | $42,188 | $98,700 | $513 |
| Mount Pleasant | 21,236 | $44,706 | $173,100 | $922 |
| Beal City | 293 | $74,875 | $197,700 | — |
| Sanford | 716 | $68,000 | $175,600 | $950 |
More for people moving to Loomis
Loomis ZIP code ›Weather and climate ›Living in Loomis: FAQ
What is the median household income in Loomis, MI?
The median household income in Loomis is $71,500, about the same as the Michigan median of $72,875 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Loomis?
The median home value in Loomis is $87,600, compared with $231,600 in Michigan.
Is Loomis, MI a good place to live?
Pluses: home values 62% lower than the state median; unemployment of 2.6%; a poverty rate of 2%. Minuses: median household income about the same as the Michigan median; an average commute of 26 minutes.
What is the median age in Loomis?
The median age in Loomis is 50.2 years (Michigan: 40.2).
How long is the commute in Loomis?
The average commute to work in Loomis is 26 minutes; 8.3% of workers work from home.
What is the unemployment rate in Loomis?
The unemployment rate in Loomis is 2.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Loomis?
6% of adults in Loomis 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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