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US City Data

Latimer, IA

Population 763 · Iowa

Population
763
Median Income
$71,250
Median Home Value
$101,500
Median Rent
$1,020/mo

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.

Income vs National
$71,250
National: $75,149
Iowa: $67,947
Home Value vs National
$101,500
National: $244,900
Iowa: $132,237
Rent vs National
$1,020
National: $1,163
Iowa: $810
Unemployment vs National
2.4%
National: 3.7%
Iowa: 4.7%

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.

Similar Cities Near Latimer

Cities in Iowa with a similar population size.

CityPopulationMedian IncomeHome Value
New Hartford763$67,054$112,100Compare
Readlyn764$83,393$164,600Compare
Manilla761$66,875$94,800Compare
Oxford766$73,869$202,200Compare
Ruthven766$58,750$103,400Compare
Carson768$70,703$172,600Compare
Correctionville768$51,125$83,000Compare
Early757$76,083$83,500Compare

Demographics

33.5
Median Age
392
Male
371
Female
17.3%
Foreign Born

Racial & Ethnic Composition

White25.4Hispanic/Latino0.9Black0.4Asian2.4Two or More7.2

Economy & Education

2.4%
Unemployment Rate
13.9%
Poverty Rate
20.5%
Bachelor's Degree+
20.6 min
Avg Commute

Housing

311
Total Housing Units
162
Owner Occupied
123
Renter Occupied

Other Cities in Iowa

Iowa CityIowa FallsAckleyAckworthAdairAdel

Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.

Compare Latimer With Other Cities

Latimer vs Iowa CityLatimer vs Iowa FallsLatimer vs AckleyLatimer vs Ackworth

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%.

Explore More

Cost of Living in IowaMost Populated Cities in IowaCheapest Cities in IowaHighest Income Cities in IowaLowest Rent in IowaBest Cities for FamiliesBest Cities for Young ProfessionalsBest Cities for RetireesGuide: Cost Of LivingGuide: Moving GuideLatimer vs AckleyLatimer vs AckworthLatimer vs Adair