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The total population of Lomax is estimated to be 372 with 187 males (50.27%) and 185 females (49.73%). There are 2 less females than males in Lomax.
The median household income in Lomax was $44,588 in 2021, which marked an a decrease of 2,154(4.61%) from $46,742 in 2020. This income is 59.76% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Lomax sees its highest median household income among householders in the age group of 65 years and over old, at $51,644. Overall, the median household income for the village of Lomax stands at $44,588.
In Lomax, the median income for all workers aged 15 years and older, regardless of work hours, was $33,610 for males and $17,772 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $70,645 for males and $40,534 for females.
In Lomax, population is primarily represented by White households, reporting a median income of $43,687.
In 2022, the population of Lomax was 389, a 2.99% decrease year-by-year from 2021. Previously, in 2021, Lomax's population was 401, a decline of 0.74% compared to a population of 404 in 2020.
The median age in Lomax, IL is 42.3, as per 2021 ACS 5-Year Estimates. Of the total population, 20.62% were under the age of 15, 19.77% aged 15 to 29, 34.46% aged 30 to 64, 21.47% aged 65 to 84, and 3.67% were 85 years of age and older.
Racial distribution of Lomax population: 96.33% are White and 3.67% are multiracial.