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Latham village, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 1.0x is exceptionally low

As of 2026, Latham village, Illinois has a total population of 322, the 1066th largest city in Illinois, with a median household income of $76,667, which is 6% lower than the state average. The poverty rate is 8.7%.

Key Takeaways

Latham village Quick Facts

Population 322
Median Household Income $76,667
Median Home Value $79,000
Poverty Rate 8.7%
Unemployment Rate 4.5%
Median Age 47.6 years
Homeownership Rate 88.4%
Affordability Ratio 1.0x
Bachelor's Degree or Higher 20.5%
High School Graduation Rate 90.2%
Diversity Index 28/100
Population 322 1066th of 1,445
Median Income $76,667 above average
Poverty Rate 8.7% 30% lower national
Median Home Value $79,000 bottom 20%

How Latham village Compares

Economy & Housing

Employment

4.5% Unemployment Rate State: 5.8% | National: 5.2%
58.1% Labor Force Participation

Housing Overview

Owner 88.4%
Renter 11.6%
Affordability Index Very Affordable
1.0x home value to income ratio

People & Demographics

Diversity Index

28out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 60 | National average: 60

Education

Latham village Rankings in Illinois

#1066 Population of 1,445
#475 Median Income of 1,445
#587 Education of 1,445
#1117 Home Value of 1,445

Cities Similar to Latham village

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Royal Lakes village318N/A$54,4003.9%30.5%
Lee village332$76,250$155,20013.7%18.2%
Seymour CDP333N/A$135,50011.7%15.3%
Kings CDP322$71,250$122,6007.6%0.0%
Waltonville village315$69,583$96,10010.0%9.5%

Population Overview

Latham village is a small community located in Illinois. The total population is 322. It ranks as the 1066th most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Latham village is 47.6 years. This is 22% higher than the state median of 38.9 years.

Economy, Income & Housing

The median household income in Latham village is $76,667. This is 6% lower than the state median of $81,702. Compared to the national median of $78,538, household income here is 2% lower. The poverty rate stands at 8.7%. This is 26% lower than the state poverty rate of 11.7%. The unemployment rate is 4.5%. This is 23% lower than the state rate of 5.8%. The median home value is $79,000. Housing costs are 68% lower than the state median of $250,500. With a home-value-to-income ratio of just 1.0x, Latham village is one of the most affordable housing markets in the area. 88.4% of occupied housing units are owner-occupied. This homeownership rate is 32% higher than the state average of 66.8%.

Race & Ethnicity

The largest racial or ethnic group in Latham village is White (non-Hispanic), making up 82.6% of the population. Black or African American residents account for 2.5%. The Black or African American population (2.5%) is well below the state average of 13.6%. The Asian population (0.9%) is well below the state average of 5.8%.

Education

20.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 45% lower than the state rate of 37.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.2%.

Data Sources & Methodology

All demographic data for Latham village, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Latham village, Illinois?

Latham village, Illinois has a population of 322 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Latham village, IL?

The median household income in Latham village is $76,667, which is 2% lower the national median of $78,538.

What is the poverty rate in Latham village, IL?

The poverty rate in Latham village is 8.7%. This means approximately 28 residents live below the federal poverty line.

What is the racial makeup of Latham village, Illinois?

Latham village's population is 82.6% White, 2.5% Black, 0.0% Hispanic/Latino, and 0.9% Asian.

What is the median home value in Latham village, IL?

The median home value in Latham village is $79,000. The home-value-to-income ratio is 1.0x.

How educated is Latham village, Illinois?

20.5% of adults (25+) in Latham village hold a bachelor's degree or higher, and 4.7% hold a graduate or professional degree.