Latimer

Population: 763
Median household income: $71,250
Median home value: $101,500

Latimer is a community in Franklin County, Iowa, home to 763 residents. Its median household income of $71,250 runs above the Franklin County figure of $63,648.

From 2019 to 2023, Latimer's population grew 55.1% from 492 to 763, while its median home value rose 30.0% from $78,100 to $101,500.

13.9% of residents live below the poverty line. Households average 2.68 people.

Demographics

ACS 2019–2023

Population: 763
Median age: 33.5 yrs
Median household income: $71,250
Median home value: $101,500
Median gross rent: $1,020
Housing units: 311
Homeownership rate: 56.8%
Bachelor's degree or higher: 20.5%
Unemployment rate: 2.4%

Trends

ACS 5-year · 2019–2023

Population

492763

Median household income

$40,000$71,250

Median home value

$78,100$101,500

Median gross rent

$631$1,020

Year	Population	Median household income	Median home value	Median gross rent
2019	492	$40,000	$78,100	$631
2020	788	$37,386	$77,100	$902
2021	658	$52,667	$78,000	$910
2022	694	$70,417	$96,700	$887
2023	763	$71,250	$101,500	$1,020

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 518.1%

5 to 1713.1%

18 to 244.2%

25 to 3416.1%

35 to 4412.8%

45 to 5411.0%

55 to 646.0%

65 to 749.4%

75 and over9.2%

	Count	Share
Under 5	138	18.1%
5 to 17	100	13.1%
18 to 24	32	4.2%
25 to 34	123	16.1%
35 to 44	98	12.8%
45 to 54	84	11.0%
55 to 64	46	6.0%
65 to 74	72	9.4%
75 and over	70	9.2%

Race & ethnicity

	Count	Share
White (non-Hispanic)	429	56.2%
Black or African American	55	7.2%
American Indian & Alaska Native	1	0.1%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	63	8.3%
Hispanic or Latino (any race)	215	28.2%

Educational attainment (age 25+)

No high school diploma22.5%

High school graduate16.6%

Some college or associate's40.4%

Bachelor's degree16.0%

Graduate or professional degree4.5%

	Count	Share
No high school diploma	111	22.5%
High school graduate	82	16.6%
Some college or associate's	199	40.4%
Bachelor's degree	79	16.0%
Graduate or professional degree	22	4.5%

Commute to work

Mean travel time to work: 21 min

Drove alone71.8%

Carpooled19.4%

Public transit0.0%

Walked3.1%

Bicycle2.5%

Worked from home3.1%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	229	71.8%
Carpooled	62	19.4%
Public transit	0	0.0%
Walked	10	3.1%
Bicycle	8	2.5%
Worked from home	10	3.1%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	132	42.7%
15 to 29 min	75	24.3%
30 to 44 min	87	28.2%
45 to 59 min	6	1.9%
60+ min	9	2.9%

Households

Average household size: 2.68
Poverty rate: 13.9% (106 of 763)

	Count	Share
Family households	243	85.3%
Nonfamily households	42	14.7%

Housing

Median year structure built: 1956

Occupancy

	Count	Share
Occupied	285	91.6%
Vacant	26	8.4%

Tenure (of occupied units)

	Count	Share
Owner-occupied	162	56.8%
Renter-occupied	123	43.2%

1-unit, detached100.0%

1-unit, attached0.0%

2 to 4 units0.0%

5 to 19 units0.0%

20 or more units0.0%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	311	100.0%
1-unit, attached	0	0.0%
2 to 4 units	0	0.0%
5 to 19 units	0	0.0%
20 or more units	0	0.0%
Mobile home & other	0	0.0%

Geography

Place GEOID: 1943590
Type (LSAD): 25
Land area: 2.4 sq mi
Water area: 0 sq mi
Center point: 42.7629, -93.3655