Payday Loans in Lomax (Henderson County) IL Online 24/7, Cash Advance

Payday Loans and Cash Advances in Lomax, Illinois

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Lomax, IL: Local Financial Snapshot

City-level ACS data

Local economic and housing context for Lomax. Figures use the latest 2020–2024 American Community Survey 5-Year release available for small-area comparison.

Population (ACS 2020–2024)318

Median household income$51,87537.8% below Illinois

Median gross rent / month$81036.4% below Illinois

Median rent share of income47.5%18.4 pp above Illinois

Poverty estimate11.0%0.8 pp below Illinois

Unemployment rate1.3%4.5 pp below Illinois

Median household income in Lomax is $51,875, 37.8% below the Illinois median. Median gross rent is $810 per month, 36.4% below the statewide median. Among renter households paying cash rent, the median gross-rent share of household income is 47.5%, 18.4 percentage points above Illinois. The ACS poverty estimate is 11.0% and the unemployment rate is 1.3%. These community-level figures are context for comparing household costs with a loan's full repayment amount; they do not predict approval, pricing, or individual borrowing demand.

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-Year. Tables B01003, B19013, B25064, B25071, B17001 and B23025. City-level payday-loan volume is not consistently published for every U.S. locality, so no local borrowing count is estimated here.

Locations in Lomax, IL

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Payday Loans in Lomax, IL