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The total population of Latimer is estimated to be 694 with 367 males (52.88%) and 327 females (47.12%). There are 40 less females than males in Latimer.
The median household income in Latimer was $56,928 in 2021, which marked an an increase of 14,564(34.38%) from $42,364 in 2020. This income is 76.30% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Latimer sees its highest median household income among householders in the age group of 65 years and over old, at $73,592. Overall, the median household income for the city of Latimer stands at $56,928.
In Latimer, the median income for all workers aged 15 years and older, regardless of work hours, was $49,992 for males and $23,983 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $52,875 for males and $28,988 for females.
In Latimer, there are just two different racial groups among households. Among these, White households report a median household income of $71,403, while Some Other Race households have a median household income of $44,588.
In 2022, the population of Latimer was 472, a 0.21% decrease year-by-year from 2021. Previously, in 2021, Latimer's population was 473, a decline of 0.84% compared to a population of 477 in 2020.
The median age in Latimer, IA is 40.7, as per 2021 ACS 5-Year Estimates. Of the total population, 20.82% were under the age of 15, 12.77% aged 15 to 29, 48.63% aged 30 to 64, 14.89% aged 65 to 84, and 2.89% were 85 years of age and older.
Racial distribution of Latimer population: 72.19% are White, 3.65% are Black or African American, 0.30% are American Indian and Alaska Native, 2.13% are some other race and 21.73% are multiracial.