Latimer, IA
Population 763 · Iowa
About Latimer, IA
Latimer is a small community in Iowa with a population of 763 residents. The median household income is $71,250 per year, which is above the national average. The median age in Latimer is 33.5 years.
Housing in Latimer has a median home value of $101,500 and median monthly rent of $1,020. Of the 311 total housing units, the majority are owner-occupied, with 162 owner-occupied and 123 renter-occupied units.
The unemployment rate in Latimer is 2.4% and the poverty rate is 13.9%. 20.5% of residents hold a bachelor's degree or higher. The average commute time is 20.6 minutes.
Cost of Living in Latimer, IA
Compared to national averages, Latimer has a median household income of $71,250 (5% below the national median of $75,149). Home values average $101,500, which is 59% below the national median. Monthly rent at $1,020 is 12% below the US average of $1,163. Within Iowa, Latimer's income is 5% above the state average of $67,947, and home values are 23% below the state median of $132,237.
Why Live in Latimer, IA?
Latimer offers affordable housing with a median home value of $101,500, below the US average of $244,900, and rent that’s lower than the national average at $1,020/month, and a strong job market with an unemployment rate of just 2.4%. Additionally, the city features short commute times averaging just 20.6 minutes.
Potential considerations include median household income ($71,250) that falls below the national average. However, Latimer’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Latimer has a population of 763 with a median age of 33.5 years. Compare Latimer with other cities to see how it stacks up, or explore all cities in Iowa.
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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 Latimer
What is the population of Latimer, IA?
The population of Latimer, IA is 763 according to the latest Census data.
What is the median household income in Latimer?
The median household income in Latimer, IA is $71,250 per year.
What is the median home value in Latimer?
The median home value in Latimer, IA is $101,500.
What is the average rent in Latimer?
The median monthly rent in Latimer, IA is $1,020.
What is the unemployment rate in Latimer?
The unemployment rate in Latimer, IA is 2.4%.