Latham, IL
Population 322 · Illinois
About Latham, IL
Latham is a small community in Illinois with a population of 322 residents. The median household income is $76,667 per year, which is above the national average. The median age in Latham is 47.6 years.
Housing in Latham has a median home value of $79,000 and median monthly rent of $936. Of the 161 total housing units, the majority are owner-occupied, with 122 owner-occupied and 16 renter-occupied units.
The unemployment rate in Latham is 4.5% and the poverty rate is 8.7%. 20.5% of residents hold a bachelor's degree or higher. The average commute time is 25.8 minutes.
Cost of Living in Latham, IL
Compared to national averages, Latham has a median household income of $76,667 (2% above the national median of $75,149). Home values average $79,000, which is 68% below the national median. Monthly rent at $936 is 20% below the US average of $1,163. Within Illinois, Latham's income is 2% above the state average of $75,072, and home values are 52% below the state median of $165,779.
Why Live in Latham, IL?
Latham offers a strong local economy with a median household income of $76,667, well above the national average, and affordable housing with a median home value of $79,000, below the US average of $244,900, and rent that’s lower than the national average at $936/month. Additionally, the city features a low poverty rate of 8.7%, better than the national average.
Latham has a population of 322 with a median age of 47.6 years. Compare Latham with other cities to see how it stacks up, or explore all cities in Illinois.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Latham
What is the population of Latham, IL?
The population of Latham, IL is 322 according to the latest Census data.
What is the median household income in Latham?
The median household income in Latham, IL is $76,667 per year.
What is the median home value in Latham?
The median home value in Latham, IL is $79,000.
What is the average rent in Latham?
The median monthly rent in Latham, IL is $936.
What is the unemployment rate in Latham?
The unemployment rate in Latham, IL is 4.5%.