Loomis, MI Profile: Facts & Data

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Loomis, Michigan - Basic Facts

The Loomis Census Designated Place had a population of 208 as of July 1, 2020. Loomis ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Michigan. See peer rankings below.

The primary coordinate point for Loomis is located at latitude 43.7936 and longitude -84.6661 in Isabella County. The formal boundaries for the Loomis Census Designated Place encompass a land area of 2.8 sq. miles and a water area of 0.02 sq. miles. Isabella County is in the Eastern time zone (GMT -5). The elevation is 810 feet.

The Loomis Census Designated Place (GNIS ID: 2628827) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Loomis Census Designated Place is located within Township of Wise, a minor civil division (MCD) of Isabella County.


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

POPULATION

Total Population 208 (100%)
Population in Households 207 (99.5%)
Population in Families 169 (81.2%)
Population in Group Quarters1 1 ( 0.5%)
Population Density 74
Diversity Index2 13
 
 

INCOME

Median Household Income $52,382
Average Household Income $64,883
% of Income for Mortgage4 10%
Per Capita Income $24,934
Wealth Index5 65
 

HOUSING

Total HU (Housing Units) 94 (100%)
Owner Occupied HU 74 (78.7%)
Renter Occupied HU 8 ( 8.5%)
Vacant Housing Units 12 (12.8%)
Median Home Value $118,750
Average Home Value $142,230
Housing Affordability Index3 282
 

HOUSEHOLDS

Total Households 82
Average Household Size 2.52
Family Households 57
Average Family Size 3
NOTES
  1. 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.
  2. 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.
  3. 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.
  4. 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).
  5. 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.

GROWTH RATE / YEAR

2010-2020 2020-2025
Population -0.23% -0.1%
Households -0.12% 0.0%
Families -0.17% 0.0%
Median Household Income   1.56%
Per Capita Income   3.63%
Owner Occupied HU   0.0%

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Loomis, MI - Peer Comparisons by Rank and Percentile

The table below compares Loomis to the other 692 incorporated cities, towns and CDPs in Michigan 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.

Variable Description Rank Percentile
Total Population # 654 5th
Population Density # 677 2nd
Median Household Income # 338 51st
Housing Affordability Index # 595 86th
Per Capita Income # 418 40th
Diversity Index # 505 27th

Additional comparisons and rankings can be made with a VERY EASY TO USE Michigan Census Data Comparison Tool.

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