Latimer, IA
Full City Profile · Iowa · Franklin County County
3.0
/5.0
B
Good
763
Population
318/sq mi density
$71,250
Median Income
$24,102 per capita
$101,500
Home Value
$145,794 Zillow
$1,020
Median Rent
14.1% income on rent
47°F
Avg Temperature
260 sunny days/yr
96
Violent Crime/100K
2,283 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$71,250 median income, 1.5% unemployment
A+
Affordability
5.0 / 5.0
$101,500 home value, $1,020/mo rent
F
Safety
1.0 / 5.0
96 violent crimes/100K
C+
Education
2.6 / 5.0
20.5% bachelor's degree or higher
Income Overview
Median Household Income
$71,250
5% below
US avg: $75,149
Per Capita Income
$24,102
38% below
US avg: $39,052
Unemployment Rate
1.5%
58% below
US avg: 3.6%
Poverty Rate
23.9%
93% above
US avg: 12.4%
Income Comparison: Latimer vs. U.S. Average
Each bar shows Latimer’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$71,250
95%
Per Capita
US: $39,052
$24,102
62%
IRS Avg AGI
US: $72,000
$73,117
102%
Avg Weekly Wage
US: $1,432
$1,024
72%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,024
28% below US avg ($1,432)
Mean Commute Time
21 min
25% below US avg (28 min)
Work From Home
3.1%
80% below US avg (15.2%)
Drive Alone
71.8%
2% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$790M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
71.8%
Public Transit
0%
Work From Home
3.1%
Other
25.1%
Average commute time
21 minutes
US avg: 28 min
Business Landscape
Total Establishments
364
Restaurants
15
Healthcare
26
Retail
36
Manufacturing
20
Tax & Financial
IRS Avg Adjusted Gross Income
$73,117
2% above US avg ($72,000)
Avg Property Tax
$3,431
2% below US avg ($3,500)
Cost of Living Index
87.8
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $71,250 |
| Per Capita Income | $24,102 |
| IRS Avg Adjusted Gross Income | $73,117 |
| Avg Weekly Wage | $1,024 |
| County GDP | $790M |
Hardship Indicators
| Unemployment Rate | 1.5% |
| Poverty Rate | 23.9% |
| Gini Coefficient | 0.421 |
| Cost of Living Index | 87.8 |
Commute
| Mean Commute | 21 minutes |
| Drive Alone | 71.8% |
| Public Transit | 0.0% |
| Work From Home | 3.1% |
Businesses
| Total Establishments | 364 |
| Restaurants | 15 |
| Healthcare | 26 |
| Retail | 36 |
| Manufacturing | 20 |
Tax
| IRS Avg AGI | $73,117 |
| Avg Property Tax | $3,431 |
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