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Latimer city, Iowa Demographics & Population 2026

Very AffordableHome value to income ratio of 1.4x is exceptionally low

As of 2026, Latimer city, Iowa has a total population of 763, the 374th largest city in Iowa, with a median household income of $71,250, which is 3% lower than the state average. The poverty rate is 13.9%.

Key Takeaways

Latimer city Quick Facts

Population 763
Median Household Income $71,250
Median Home Value $101,500
Poverty Rate 13.9%
Unemployment Rate 2.4%
Median Age 33.5 years
Homeownership Rate 56.8%
Affordability Ratio 1.4x
Bachelor's Degree or Higher 20.5%
High School Graduation Rate 77.5%
Diversity Index 59/100
Population 763 374th of 1,018
Median Income $71,250 above average
Poverty Rate 13.9% 12% higher national
Median Home Value $101,500 average

How Latimer city Compares

Economy & Housing

Employment

2.4% Unemployment Rate State: 3.6% | National: 5.2%
60.5% Labor Force Participation

Housing Overview

Owner 56.8%
Renter 43.2%
Affordability Index Very Affordable
1.4x home value to income ratio

People & Demographics

Diversity Index

59out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 30 | National average: 60

Education

Latimer city Rankings in Iowa

#374 Population of 1,018
#332 Median Income of 1,018
#360 Education of 1,018
#558 Home Value of 1,018

Cities Similar to Latimer city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Carson city768$70,703$172,60024.3%6.9%
Oxford city766$73,869$202,20022.4%9.5%
Shellsburg city752$69,750$184,10014.1%2.9%
Hubbard city757$68,690$96,10012.3%4.2%
Colo city751$73,125$147,40019.3%2.9%

Population Overview

Latimer city is a small community located in Iowa. The total population is 763. It ranks as the 374th most populous out of 1,018 cities and towns in Iowa.

Age Demographics

The median age in Latimer city is 33.5 years. This is 13% lower than the state median of 38.6 years. With 31.2% of the population under 18, Latimer city has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Latimer city is $71,250. This is 3% lower than the state median of $73,147. Compared to the national median of $78,538, household income here is 9% lower. The poverty rate stands at 13.9%. This is 26% higher than the state poverty rate of 11.0%. The unemployment rate is 2.4%. This is 33% lower than the state rate of 3.6%. The median home value is $101,500. Housing costs are 48% lower than the state median of $195,900. With a home-value-to-income ratio of just 1.4x, Latimer city is one of the most affordable housing markets in the area. 56.8% of occupied housing units are owner-occupied. This homeownership rate is 21% lower than the state average of 71.5%.

Race & Ethnicity

The largest racial or ethnic group in Latimer city is White (non-Hispanic), making up 56.2% of the population. Hispanic or Latino residents account for 28.2%. The Black or African American population is significantly higher than the state average (7.2% vs 3.8%). The Hispanic or Latino population is significantly higher than the state average (28.2% vs 7.0%).

Education

20.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 34% lower than the state rate of 30.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 77.5%.

Data Sources & Methodology

All demographic data for Latimer city, Iowa 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 Iowa state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,018 Census-designated places in Iowa. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Latimer city, Iowa?

Latimer city, Iowa has a population of 763 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Latimer city, IA?

The median household income in Latimer city is $71,250, which is 9% lower the national median of $78,538.

What is the poverty rate in Latimer city, IA?

The poverty rate in Latimer city is 13.9%. This means approximately 106 residents live below the federal poverty line.

What is the racial makeup of Latimer city, Iowa?

Latimer city's population is 56.2% White, 7.2% Black, 28.2% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Latimer city, IA?

The median home value in Latimer city is $101,500. The home-value-to-income ratio is 1.4x.

How educated is Latimer city, Iowa?

20.5% of adults (25+) in Latimer city hold a bachelor's degree or higher, and 4.5% hold a graduate or professional degree.