Living in Latimer, Iowa
Cost of living, income, home prices, rent and demographics of Latimer · Census data 2020–2024
Latimer has 681 residents with a median age of 35.4. The median household income is $61,042 (19% lower than the Iowa median), the median home value is $110,800, the median rent is $1,005/month.
Latimer is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Latimer at a glance
- Population
- 681
- Median age
- 35.4State: 38.6
- Median household income
- $61,042State: $75,059
- Median home value
- $110,800State: $208,000
- Median rent
- $1,005/moState: $972
- Homeowners
- 48.3%
- Bachelor's degree or higher
- 20.1%
- Average commute
- 21 min
Is Latimer a good place to live?
Pros: Home values 47% lower than the state median; unemployment of 1.3%.
Cons: Median household income 19% lower than the Iowa median; an average commute of 21 minutes; a poverty rate of 19.5%.
The weather is best in June to September.
Cost of living in Latimer
Housing is the biggest part of the cost of living. In Latimer the median home value is $110,800, 67% lower than the U.S. median. Renters pay a median of $1,005 per month, which is 14.5% of household income. Homeowners with a mortgage pay $921 a month in housing costs.
Latimer median household income
The median household income in Latimer is $61,042 and the income per person is $26,074. 19.5% of residents live below the poverty line (Iowa: 11.1%).
Housing in Latimer: homes for sale and rent
- Housing units
- 298
- Owner-occupied
- 48.3%
- Renter-occupied
- 51.7%
- Vacant
- 9.7%Includes seasonal homes
- Median year built
- 1957
- Average household size
- 2.53
Latimer demographics
- Population
- 681
- Median age
- 35.4
- Under 18
- 31%
- 65 and older
- 16.6%
- Households
- 269
- Foreign-born
- 16.7%
- Veterans
- 0.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Latimer ›
Education in Latimer
20.1% of adults 25 and older in Latimer have a bachelor's degree or higher (Iowa: 31.4%), and 4.5% have a graduate or professional degree.
Jobs and commute in Latimer
- Unemployment rate
- 1.3%State: 3.6%
- Average commute
- 21 minState: 20 min
- Work from home
- 3.3%
- Drive alone
- 75.6%
- Public transit
- 0%
- Walk to work
- 5%
- Homes with broadband
- 74.7%
Latimer vs nearby towns
More for people moving to Latimer
Latimer ZIP code ›Weather and climate ›Living in Latimer: FAQ
What is the median household income in Latimer, IA?
The median household income in Latimer is $61,042, 19% lower than the Iowa median of $75,059 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Latimer?
The median home value in Latimer is $110,800, compared with $208,000 in Iowa.
How much is rent in Latimer?
The median gross rent in Latimer is $1,005 per month, about 14.5% of household income.
Is Latimer, IA a good place to live?
Pluses: home values 47% lower than the state median; unemployment of 1.3%. Minuses: median household income 19% lower than the Iowa median; an average commute of 21 minutes; a poverty rate of 19.5%.
What is the median age in Latimer?
The median age in Latimer is 35.4 years (Iowa: 38.6).
How long is the commute in Latimer?
The average commute to work in Latimer is 21 minutes; 3.3% of workers work from home.
What is the unemployment rate in Latimer?
The unemployment rate in Latimer is 1.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Latimer?
20.1% of adults in Latimer have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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