Loomis, NE Profile: Facts & Data

The primary coordinate point for Loomis is located at latitude 40.4783 and longitude -99.507 in Phelps County. The formal boundaries for the Village of Loomis encompass a land area of 0.33 sq. miles and a water area of 0 sq. miles. Phelps County is in the Central time zone (GMT -6). The elevation is 2,428 feet.

The Village of Loomis (GNIS ID: 2398474) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Loomis, NE Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	381 (100%)
Population in Households	381 (100.0%)
Population in Families	330 (86.6%)
Population in Group Quarters¹	0
Population Density	1,157
Diversity Index²	15


INCOME
Median Household Income	$73,984
Average Household Income	$85,196
% of Income for Mortgage⁴	8%
Per Capita Income	$34,348
Wealth Index⁵	88

HOUSING
Total HU (Housing Units)	177 (100%)
Owner Occupied HU	117 (66.1%)
Renter Occupied HU	38 (21.5%)
Vacant Housing Units	22 (12.4%)
Median Home Value	$146,875
Average Home Value	$180,128
Housing Affordability Index³	310

HOUSEHOLDS
Total Households	155
Average Household Size	2.46
Family Households	115
Average Family Size	3

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Loomis, NE - Peer Comparisons by Rank and Percentile

The table below compares Loomis to the other 580 incorporated cities, towns and CDPs in Nebraska by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2010-2020	2020-2025
Population	-0.03%	0.21%
Households	0.0%	0.26%
Families	0.35%	0.17%
Median Household Income		0.79%
Per Capita Income		1.38%
Owner Occupied HU		0.17%

Variable Description	Rank	Percentile
Total Population	# 235	60th
Population Density	# 182	69th
Median Household Income	# 64	89th
Housing Affordability Index	# 466	80th
Per Capita Income	# 105	82nd
Diversity Index	# 249	58th

Loomis, NE Profile: Facts & Data

Loomis, Nebraska - Basic Facts

Loomis, NE Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Loomis, NE - Peer Comparisons by Rank and Percentile

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