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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 Rate1.5%
Poverty Rate23.9%
Gini Coefficient0.421
Cost of Living Index87.8

Commute

Mean Commute21 minutes
Drive Alone71.8%
Public Transit0.0%
Work From Home3.1%

Businesses

Total Establishments364
Restaurants15
Healthcare26
Retail36
Manufacturing20

Tax

IRS Avg AGI$73,117
Avg Property Tax$3,431