City

Latimer, IA

1 ZIP code  ·  Franklin County  ·  Iowa

👥990Population
💰$74,500Median HH Income≈ Avg
🎂35.6Median Age
🏠$108,100Median Home Value▼ 61% below avg
🎓51.7%College Grads▲ 33% above avg
📊1.9%Unemployment▼ 62% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 50.2% Female 49.8% ♀

Race & Ethnicity

White: 65.9%Hispanic: 21.7%Black: 6%Other: 6.4%Race
White65.9%
Hispanic21.7%
Black6.0%
Other6.4%

Age Breakdown

Under 5
15%
5–17
17%
18–24
3%
25–44
28%
45–64
17%
65+
9%

Key Indicators

Median Age35.6 yrs
Avg HH Size2.72
Below Poverty14.7% ▲ 47% above avg
College Grads51.7% ▲ 33% above avg
Unemployment1.9% ▼ 62% below avg
No HS Diploma21 (3.7%)
HS Graduate108 (19.1%)
Some College86 (15.2%)
Associates58 (10.3%)
Bachelors158 (28%)
Graduate Degree134 (23.7%)

Education

No HS: 3.7%HS Grad: 19.1%Some College: 15.2%Associates: 10.3%Bachelors: 28%Graduate: 23.7%Edu
No HS3.7%
HS Grad19.1%
Some College15.2%
Associates10.3%
Bachelors28.0%
Graduate23.7%
Housing & Income

Housing Tenure

Owner: 64.8%Renter: 35.2%Tenure
Owner64.8%
Renter35.2%

Home Value Distribution

Under $50k
18%
$50k–$100k
26%
$100k–$150k
29%
$150k–$200k
13%
$200k–$300k
8%
$300k–$500k
6%

Financials

Median HH Income$74,500 ≈ Avg
Median Home Value$108,100 ▼ 61% below avg
Home/Income Ratio1.5x (nat avg ~3.5x)
Median Rent$1,016/mo
Total Housing Units416
Vacant Units52

Income Distribution

Under $25k
20%
$25k–$50k
11%
$50k–$75k
16%
$75k–$100k
33%
$100k–$150k
17%
$150k–$200k
2%
Employment & Commute

How People Get to Work

Drove Alone
90%
Public Transit
1%
Walked
4%
Work From Home
5%

Commute Time

Under 15 min
45%
15–30 min
26%
30–45 min
25%
Over 45 min
4%
Housing Stock

Year Built

Before 1940
7%
1940s–1950s
12%
1960s–1970s
13%
1980s–1990s
4%
2000+
64%
About Latimer, IA

Latimer is a city in Iowa, located in Franklin County. The city spans 1 ZIP code and is home to approximately 990 residents. It is a relatively young city, with a median age of 35.6 years.

Economically, Latimer is a solidly middle-class community. The median household income of $74,500 is near the national average. Approximately 14.7% of residents live below the poverty line. The unemployment rate is 1.9%, well below the national average.

The real estate market in Latimer is one of the more affordable housing markets in the country. Median home values stand at $108,100, which is well below the national average. Renters typically pay around $1,016 per month. Homeownership is high at 64.8%, typical of suburban and family-oriented communities.

The population of Latimer is well-educated. 51.7% of adults hold a bachelor's degree or higher — above the national average. The community is majority White (65.86%).

Latimer, IA offers residents a cost-conscious lifestyle within Iowa.

ZIP Codes in Latimer
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
50452 990 $74,500 $108,100 $1,016 1.9% 51.7% 64.8%