Zip 61454 (Lomax, IL) Economy


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Lomax, IL is a small town located in Henderson County with the zip code 61454. It has an estimated population of 595 (as of 2019), making it a tight-knit community. The 2 bedroom rent here is much lower than the national average, at $680 versus $1,430. The grocery cost index of 91 is also below the US average of 100.
Living in Lomax offers residents a rural feel and most residents own their homes. There are numerous local businesses in the area that offer various services such as Moring's Insurance Agency for insurance needs, Alwood Farm Supply for farm and garden supplies, Doerr Auction & Realty for real estate services, and others such as Iman's Quality Meats & Groceries and Lomax Co-op Store for groceries. The community also has great amenities like the nearby Lomax Golf Course where golfers can play 18 holes on its par-3 course surrounded by beautiful countryside scenery, plus other outdoor recreational parks such as Henderson Woods Park and North Henderson Park that offer camping sites and hiking trails.

Lomax (zip 61454) has an unemployment rate of 5.3%. The US average is 6.0%.

Lomax (zip 61454) has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 20.8%, which is lower than the US average of 33.5%.

Tax Rates for Lomax (zip 61454)
- The Sales Tax Rate for Lomax (zip 61454) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Lomax (zip 61454) is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Lomax (zip 61454)
- The average income of a Lomax (zip 61454) resident is $25,372 a year. The US average is $28,555 a year.
- The Median household income of a Lomax (zip 61454) resident is $43,125 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLomax, IllinoisUnited States
  5.36
  -5.0%-6.2%
  20.8%33.5%
  7.3%6.2%
  5.0%4.6%
  $22,442$37,638
  $43,125$69,021
  $49,167$85,028
  Population by Occupation
  4.2%1.2%
  0.0%0.5%
  1.7%6.8%
  16.8%10.0%
  0.8%2.5%
  5.0%11.0%
  16.8%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  4.2%1.9%
  5.0%7.6%
  0.0%0.1%
  0.0%4.2%
  10.9%9.3%
  18.5%14.0%
  0.0%2.1%
  5.0%7.0%
  1.7%4.8%
  9.2%4.7%
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