Everything You Should Know Before Moving to Loami, IL
Considering a move to Loami, IL? This small village of around 750 residents offers affordable living, with median home prices at $162,000 and average rents near $850. Residents enjoy a low violent crime rate, short 27.5-minute commutes to the Springfield area, and a friendly, close-knit vibe. With local public schools, access to nearby colleges, and four-season weather featuring 57% sunny days, Loami is an inviting, budget-friendly choice for those seeking quiet, small-town life.
Demographics - Loami, IL
Loami is a small, close-knit village of about 750 residents, predominantly White, with a median age of 39.8 years. The population density is moderate, and the area has a balanced gender ratio and a very low percentage of non-English speakers, making it a welcoming community for families and individuals seeking a quiet lifestyle.
Population:
750
Density:
1,000 per sq mi
Median Age:
39.8
Gender Ratio:
97 males per 100 females
Non-English Speakers Percentage:
2.5%
Ethnic Composition
White:
96.2%
Black:
0.4%
Asian:
0.2%
Others:
3.2%
Cost Of Living
What is the average cost of living in Loami, IL?
Loami offers an affordable cost of living, with median home values at $162,000 and average rents around $850. Essential expenses like utilities and groceries are below national averages, making the village an attractive option for budget-conscious residents.
Median House Value:
$162,000
Gross Rent:
$850
Monthly Electricity Charges:
$115
Auto Insurance:
$1,020
House Owner Cost With Mortgage:
$1,180
House Owner Cost Without Mortgage:
$420
State Taxes:
Low:
4.95%
|
High:
4.95%
Cost Of Living Index:
84.0
Grocery:
93.2
Housing:
69.5
Utilities:
97.1
Transportation:
90.4
Health Care:
94.8
Miscellaneous:
92.0
Crime
Is Loami, IL a safe place to live?
Loami maintains a low violent crime rate of 98 incidents per 100,000 people, offering residents a sense of safety and security. Property crime is higher but still manageable, with a chance of 1 in 90, making vigilance important but not alarming.
Violent Crimes Per 100k:
98
Property Crimes Per 100k:
1,110
Crime Index:
1,208
Chance Of Violent Crime:
1 in 1,020
Chance Of Property Crime:
1 in 90
Weather
What is the weather like in Loami, IL year-round?
Residents experience all four seasons, with cold winters averaging lows of 19°F and warm summers peaking at 86°F. The area enjoys about 57% sunny days each year and receives nearly 40 inches of rainfall, supporting a variety of outdoor activities.
Winter
Min:
19°F
Max:
36°F
Spring
Min:
41°F
Max:
66°F
Summer
Min:
63°F
Max:
86°F
Fall
Min:
44°F
Max:
68°F
Average Rainfall Inches:
39.7 inches
Sunny Days Percentage:
57%
Neighbors
Household incomes in Loami average around $69,500, with a low poverty rate of 6.7% and a typical commute time of 27.5 minutes to nearby Springfield. Most residents speak English, and a strong majority have completed high school, contributing to the village's stable, family-oriented atmosphere.
Median Income:
$37,200
Household Income:
$69,500
Family Income:
$79,200
Per Capita Income:
$32,400
Income Male:
$43,000
Income Female:
$29,000
Poverty Rate:
6.7%
Non English Speakers:
2.5%
Rent:
$850
Unemployment Rate:
4.1%
Public Transport Usage:
0.3%
Commute Time:
27.5 minutes
Education
High School or Higher:
90.5%
Bachelors or More:
19.2%
Education
How are the schools in Loami, IL?
Loami provides access to local public schools with favorable student-teacher ratios and proximity to higher education institutions like Lincoln Land Community College and the University of Illinois Springfield, both within 20 miles. This ensures educational opportunities for students of all ages in a supportive environment.
Public Schools
Name:
Loami Elementary School
Street:
303 North Main St
Phone:
217-624-3611
Students:
220
Student Teacher Ratio:
16.3
Name:
New Berlin High School
Street:
300 E. Ellis St, New Berlin, IL 62670
Phone:
217-488-6012
Students:
285
Student Teacher Ratio:
15.1
Colleges
Name:
Lincoln Land Community College
City:
Springfield
State:
IL
Distance:
15 miles
Students:
5,500
Name:
University of Illinois Springfield
City:
Springfield
State:
IL
Distance:
18 miles
Students:
4,200
Healthcare
Healthcare in Loami is supported by nearby Springfield hospitals, such as Springfield Memorial and HSHS St. John’s, both offering emergency services. The community benefits from a high rate of health insurance coverage, and physician availability is on par with national standards.
Major Hospitals
Name:
Springfield Memorial Hospital
Address:
701 N 1st St, Springfield, IL 62781
Phone:
(217) 788-3000
Type:
General & Surgical
Emergency Services:
Yes
Name:
HSHS St. John’s Hospital
Address:
800 E Carpenter St, Springfield, IL 62769
Phone:
(217) 544-6464
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.5
Health Insurance Coverage:
92.8%
Health Care Index:
77.2
Housing Market
What is the housing market like in Loami, IL?
Loami's housing market is notably stable and affordable, with a median home price of $162,000 and high owner-occupancy at 82%. Rental options are available, and home values have seen modest appreciation, making it an appealing choice for both buyers and renters.
Median Home Price:
$162,000
Average Rent For 2 Bedroom:
$850
Owner Occupied Rate:
82.1%
Rental Vacancy Rate:
7.2%
Home Appreciation Rate (1yr):
3.6%
New Construction Rate:
0.7%
Foreclosure Rate:
0.6%
DMV Information
Residents are served by the Illinois Secretary of State Driver Services in Springfield, offering comprehensive DMV services just a short drive away. Essential licensing and vehicle registration needs are met conveniently at the nearby Springfield office.
State:
Illinois
Department:
Illinois Secretary of State Driver Services
Address:
2701 S. Dirksen Parkway, Springfield, IL 62723
Phone:
1-800-252-8980
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.