Latimer, Iowa Demographics & Population 2026
During the 2020–2024 ACS period, Latimer, Iowa had a total population of 681, the 397th largest city in Iowa, with a median household income of $61,042, which is 19% lower than the state average. The poverty rate is 19.5%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Housing is very affordable with a home-value-to-income ratio of just 1.8x.
- Near full employment with an unemployment rate of just 1.3%.
Latimer Quick Facts
How Latimer Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 763 | 681 | -10.7% |
| Median household income | $71,250 | $61,042 | -14.3% |
| Median home value | $101,500 | $110,800 | +9.2% |
How Latimer Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A diverse community with significant representation from multiple racial and ethnic groups.
State average: 31 | National average: 61
Education
Educational Attainment (Adults 25+)
Latimer Rankings in Iowa
Explore Iowa Rankings
Other Cities in Franklin County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Hampton | 4,306 | $47,088 | 18.1% | $99,400 |
| Sheffield | 1,053 | $54,458 | 13.4% | $151,000 |
| Alexander | 245 | $56,250 | 27.7% | $55,600 |
| Coulter | 228 | $62,917 | 16.7% | $90,000 |
| Bradford | 178 | N/A | 0.0% | N/A |
| Geneva | 152 | $56,250 | 19.1% | $61,400 |
| Chapin | 137 | $73,091 | 0.0% | $94,000 |
| Popejoy | 109 | $38,681 | 3.7% | $83,600 |
| Hansell | 83 | $71,667 | 2.4% | $75,000 |
Cities Similar to Latimer
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Colo | 686 | $64,000 | $152,000 | 19.0% | 6.4% |
| Wellsburg | 673 | $64,375 | $118,500 | 18.7% | 4.5% |
| Dayton | 689 | $57,500 | $114,800 | 20.5% | 9.8% |
| Washburn | 714 | $61,406 | $142,300 | 25.7% | 2.7% |
| Armstrong | 703 | $58,250 | $90,500 | 18.0% | 5.4% |
A note before these figures: with a population of 681, Latimer's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Latimer is a small community located in Iowa, within Franklin County. The total population is 681. It ranks as the 397th most populous out of 1,017 Census-designated places in Iowa.
Age Demographics
The median age in Latimer is 35.4 years. This is 8% lower than the state median of 38.6 years. With 31.0% of the population under 18, Latimer has a notably young demographic profile, suggesting a family-oriented community.
Economy, Income & Housing
The median household income in Latimer is $61,042. This is 19% lower than the state median of $75,059. It is also 24% lower than the national median of $80,734. The poverty rate stands at 19.5%. This is 76% higher than the state poverty rate of 11.1%. The unemployment rate is 1.3%. This is 63% lower than the state rate of 3.6%. The median home value is $110,800. Housing costs are 47% lower than the state median of $208,000. With a home-value-to-income ratio of just 1.8x, Latimer is one of the most affordable housing markets in the area. 48.3% of occupied housing units are owner-occupied. This homeownership rate is 33% lower than the state average of 71.7%.
Race & Ethnicity
The largest racial or ethnic group in Latimer is White (non-Hispanic), making up 56.0% of the population. Hispanic or Latino residents account for 27.6%. The Black or African American population is significantly higher than the state average (9.3% vs 3.8%). The Hispanic or Latino population is significantly higher than the state average (27.6% vs 7.3%).
Education
20.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 36% lower than the state rate of 31.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 78.8%.
Data Sources & Methodology
All demographic data for Latimer, Iowa is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Iowa state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,017 Census-designated places in Iowa. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Latimer, Iowa?
Latimer, Iowa has a population of 681 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Latimer, IA?
The median household income in Latimer is $61,042, which is 24% lower than the national median of $80,734.
What is the poverty rate in Latimer, IA?
The poverty rate in Latimer is 19.5%. This means approximately 133 residents live below the federal poverty line.
What is the racial makeup of Latimer, Iowa?
Latimer's population is 56.0% White, 9.3% Black, 27.6% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Latimer, IA?
The median home value in Latimer is $110,800. The home-value-to-income ratio is 1.8x.
How educated is Latimer, Iowa?
20.1% of adults (25+) in Latimer hold a bachelor's degree or higher, and 4.5% hold a graduate or professional degree.