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Loomis

Learn about the people, housing, costs and businesses in Loomis, Nebraska

Median Home$183,700
Median Rent$738/month
Population393
Leading IndustriesConstruction · Agriculture & Mining · Transportation25% construction
Home Value Growth⬆⬆⬆+59.2% over 2 years
Family-Friendly28% of residentswell above average
Homeowners81% of occupied units
Loomis
NE

Frequently Asked Questions

What are today's mortgage rates in Loomis?

As of today, the 30-year fixed mortgage rate for Loomis is approximately 7.033% (7.074% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Loomis?

The median home value in Loomis is $184k. The median monthly rent is $738. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Loomis?

Home values in Loomis have increased 59.2% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Loomis?

Based on a typical all-in ownership cost of $857/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Loomis is $77k/year.

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What industries drive the economy in Loomis?

The largest employment sectors in Loomis are agriculture and mining (25%) and construction (25%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.