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HomeIowaFranklin CountyLatimer city

Latimer city, Iowa: commercial real estate data.

Latimer city is a Census city of 681 people across 2.40 square miles of land, in Franklin County. Median household income is $61,042, 48.3 percent of occupied homes are owned.

60 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency

Latimer

What Latimer is

  • Census place typecity
  • Land area2.4 sq mi
  • Water area0 sq mi
  • Population per square mile of land283 plus or minus 94
  • County holding the largest share of its areaFranklin County, 100.0 percent

US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Latimer

How many people live in Latimer

  • Population681 plus or minus 225
  • Median age35.4
  • Population under 18211 plus or minus 99
  • Share under 1831.0 percent plus or minus 10.3
  • Population 65 and over113 plus or minus 40
  • Share 65 and over16.6 percent
  • Households269 plus or minus 114
  • Family households217 plus or minus 115
  • Share of households that are families80.7 percent plus or minus 25.7

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Latimer

Income and work in Latimer

  • Median household income$61,042 plus or minus $34,770
  • Per capita income$26,074 plus or minus $7,476
  • Civilian labor force304 plus or minus 94
  • Employed300 plus or minus 94
  • Unemployed4 plus or minus 6
  • Unemployment rate1.3 percent plus or minus 1.9
  • Adults 25 and over443 plus or minus 154
  • Adults 25 and over with a high school diploma or higher78.8 percent plus or minus 36.8
  • Adults 25 and over with a bachelor degree or higher20.1 percent plus or minus 4.1
  • Adults 25 and over with a graduate degree4.5 percent plus or minus 3.8

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Latimer

Housing in Latimer

  • Housing units298 plus or minus 116
  • Occupied units269 plus or minus 114
  • Vacant units29 plus or minus 16
  • Vacancy rate9.7 percent plus or minus 3.8
  • Owner occupied130 plus or minus 37
  • Renter occupied139 plus or minus 109
  • Ownership rate48.3 percent plus or minus 24.7
  • Median owner-occupied home value$110,800
  • Median gross rent, monthly$1,005
  • Annual rent as a share of median income19.8 percent plus or minus 11.5
  • Single family units297 plus or minus 116
  • Share single family99.7 percent
  • Units in buildings of two or more0
  • Share in buildings of two or more0.0 percent
  • Mobile homes1 plus or minus 3
  • Median year structure built1957

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Latimer

How Latimer gets to work

  • Workers 16 and over who commute289 plus or minus 93
  • Commuting under 15 minutes114 plus or minus 53
  • Share commuting under 15 minutes39.4 percent plus or minus 13.5
  • Commuting 30 minutes or more102 plus or minus 54
  • Share commuting 30 minutes or more35.3 percent plus or minus 15.0
  • Drove alone75.6 percent
  • Carpooled16.1 percent plus or minus 15.2
  • Public transport0.0 percent
  • Walked5.0 percent plus or minus 3.3
  • Worked from home3.3 percent plus or minus 3.2

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Latimer

SBA loans in Latimer (504)

  • Approvals1
  • Gross approval$570,000
  • Average approval$570,000
  • Median approval$570,000
  • Largest approval$570,000
  • Jobs supported0
  • Loans with a final outcome0
  • Charged off0
  • Median term300 months
  • Distinct CDCs1

US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.

Franklin County, not Latimer

Franklin County context, not Latimer figures

These are Franklin County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Latimer measurements.

  • Establishments in Franklin County285
  • Employment at those establishments, Franklin County3,139
  • Covered employment, Franklin County3,982
  • Average annual pay, Franklin County$53,225
  • Average weekly wage, Franklin County$1,024
  • Housing units permitted, Franklin County5
  • Of those, single family, Franklin County5
  • County product, 2024, Franklin County$789,823,000
  • County product change over the prior year, Franklin County0.4 percent
  • Average income of an arriving household, Franklin County$53,200

Every figure in this section is published for Franklin County as a whole and is not a measurement of Latimer. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.

US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.

Coverage

What this page does not hold.

Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.

  • This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
  • Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.

SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.

Common questions

Latimer questions, answered from the record.

How many people live in Latimer, Iowa?

681, in 269 households. Latimer city covers 2.40 square miles of land, which is 283 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

What county is Latimer in?

Franklin County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.

What is the median household income in Latimer?

$61,042. The median owner-occupied home is valued at $110,800. Median gross rent is $1,005 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Are the county figures on this page Latimer figures?

No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Franklin County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Latimer.

Is zoning published for Latimer?

Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.