This is a small community in a single neighborhood.
As throughout the site, some neighborhood-level data are reserved for subscribers.
What do we mean by a neighborhood?
NeighborhoodScout® uses the official government designation for neighborhoods - the census tract.
Census tracts are small, relatively permanent subdivisions of a county that are defined by the U.S. Census Bureau in conjunction with local authorities all across the country to define real neighborhoods that are bounded to contain areas with homogeneous population characteristics (including economic status, lifestyle, and living conditions). Census tracts usually have 4,000 persons, but can range between 1,500 and 8,000 persons. This is the most fine-grained area for which detailed information is made available from the government, to protect the individual privacy of each of us. Because census tracts are based on population, they vary in size depending on the density of settlement. In urban areas, they are small, and in rural areas they can cover an entire small town or even a few small towns in very rural areas.
Since census tracts are subdivisions of a county, we did a spatial overlay of the census tracts onto city and town boundaries using a geographic information system to properly assign each census tract to its appropriate city or town. Then we named each census tract to the local colloquially recognized neighborhood name for that spot (e.g., Boston, MA (Dorchester). If there was not a name available, we named the census tract by the largest street intersection in the census tract (e.g., Worcester, MA (Lincoln St/Plantation St)
Why we don't use Zip Codes as neighborhoods
Zip codes were developed by the Postal Service for the purpose of delivering mail, but were never intended to define coherent neighborhoods. In addition, Zip Codes can have as many as 10 distinctly different census tracts contained within them. When distinct census tracts are blended together in a single Zip Code, the data reflects their average conditions and often gives a false sense of the area. The result is that potentially great matching neighborhoods can be missed, and erroneous matches can also be produced and delivered to you.
Using census tracts makes great matches possible, and helps people find the areas that are best for them and their families. Because we are committed to providing the highest possible quality and finding the neighborhoods that best meet your criteria, we use census tracts. And, as always, we show you the actual street map of the neighborhood so you know exactly where your best matching neighborhood is located.
What is a Condition Alert?
A condition alert is a condition in the neighborhood that triggers an alert. NeighborhoodScout contains condition alerts to highlight conditions that are extreme, whether good or bad. This helps answer crucial questions about the state of the neighborhood being evaluated, such as:
What are the risks of violent crime here?
Is the risk of home break-ins or other property crimes increasing?
Does real estate here hold its value?
Are the trends in local vacancies or unemployment concerning?
...and dozens more.
Information at a glance that you need to know to invest, appraise or finance a property.
Loma is a very small town located in the state of Colorado. With a population of 1,314 people and just one neighborhood, Loma is the 170th largest community in Colorado. There's nothing like the smell of a brand new house, and in Loma, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Loma, and putting down their money on brand new construction. Loma’s real estate is, on average, some of the newest in the nation. Loma does seem to be experiencing an influx of affluent people, because the median household income is $133,456.00.
Loma home prices are not only among the most expensive in Colorado, but Loma real estate also consistently ranks among the most expensive in America.
Occupations and Workforce
Unlike some towns, Loma isn’t mainly white- or blue-collar. Instead, the most prevalent occupations for people in Loma are a mix of both white- and blue-collar jobs. Overall, Loma is a town of managers, transportation and shipping workers, and service providers. There are especially a lot of people living in Loma who work in management occupations (39.14%), food service (19.71%), and business and financial occupations (5.47%).
Setting & Lifestyle
Because of many things, Loma is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Loma really has some of the features that families look for when choosing a good community to raise children. Is Loma perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
Being a small town, Loma does not have a public transit system used by locals to get to and from work.
Demographics
In terms of college education, Loma is somewhat better educated than the 21.84% who have a 4-year degree or higher in the typical US community: 27.70% of adults 25 and older in the town have at least a bachelor's degree.
The per capita income in Loma in 2022 was $31,612, which is lower middle income relative to Colorado, and middle income relative to the rest of the US. This equates to an annual income of $126,448 for a family of four. However, Loma contains both very wealthy and poor people as well.
The people who call Loma home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Loma residents report their race to be White. Important ancestries of people in Loma include Italian, English, German, Irish, and Norwegian.
The most common language spoken in Loma is English. Other important languages spoken here include Polish and German/Yiddish.
Notable & Unique Neighborhood Characteristics
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
Real Estate
Uncrowded roads, rural America and space to be the individual you are. If you like these characteristics, this neighborhood may fit you. With just 21 residents per square mile, is less crowded than 94.5% of all U.S. neighborhoods.
People
If you're planning where to retire, the neighborhood in Loma is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in CO, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 85.3% of the neighborhoods in Colorado. If you are considering retiring to Colorado, this is a good neighborhood to look at.
Diversity
Did you know that the neighborhood has more Austrian and Swiss ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.3% of this neighborhood's residents have Austrian ancestry and 1.7% have Swiss ancestry.
is also pretty special linguistically. Significantly, 0.7% of its residents five years old and above primarily speak Native American languages at home. While this may seem like a small percentage, it is higher than 96.1% of the neighborhoods in America.
The Neighbors
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the neighborhood in Loma are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 75.9% of the neighborhoods in America. In addition, 1.2% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 78.0% of America's neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the neighborhood, 47.3% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 23.4% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (20.0%), and 9.3% in clerical, assistant, and tech support occupations.
Languages
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the neighborhood is English, spoken by 96.7% of households. Other important languages spoken here include Italian, Spanish and Polish.
Ethnicity / Ancestry
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the neighborhood in Loma, CO, residents most commonly identify their ethnicity or ancestry as German (16.7%). There are also a number of people of English ancestry (16.0%), and residents who report Irish roots (9.6%), and some of the residents are also of Italian ancestry (5.9%), along with some Mexican ancestry residents (5.7%), among others.
Getting to Work
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in neighborhood spend between 15 and 30 minutes commuting one-way to work (50.9% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (77.7%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (10.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
SCOUT’s patented match algorithm identifies the most similar neighborhoods to a subject location, and quantifies the similarity to the subject location. This allows analysts to identify the most similar neighborhoods in a local market area for appraisals, investments, and research.
The algorithm uses 273 neighborhood conditions, identifies the dominant dimensions underlying the conditions and calculates the similarity. This captures the true culture and character of locations, economic conditions, and trends.
The closer to 100% means the locations are nearly identical. 80% is a very good, but not excellent match, and so forth.
