What percentage of people rent in Latimer, IA?
51.7% (±20.9 points) of the occupied homes in Latimer, IA are rented (2020–2024 American Community Survey).
That is 139 renting households against 130 that own their home.
In Latimer, the share of households that rent went from 29.9% in 2015–2019 to 51.7% in 2020–2024 (+21.8 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 51.7% (±20.9 points)
- Renting households
- 139 (±109)
Who rents and who owns in Latimer
| Latimer | Franklin County | Iowa | United States | |
|---|---|---|---|---|
| Renter-occupied share | 51.7% (±20.9 points) | 27.6% (±4.5 points) | 28.3% (±0.3 points) | 34.8% |
| Renting households | 139 (±109) | 1,158 (±211) | 372,311 (±3,635) | 45,017,354 |
| Owning households | 130 (±37) | 3,040 (±165) | 943,396 (±5,414) | 84,210,142 |
| Average renter household size | 2.6 (±1.1) | 2.0 (±0.3) | 2.0 (±0.0) | 2.3 |
| Average owner household size | 2.4 (±0.5) | 2.5 (±0.1) | 2.5 (±0.0) | 2.6 |
| Median renter household income | — | $36,996 (±$7,947) | $43,297 (±$758) | $52,966 |
| Median owner household income | $78,824 (±$7,766) | $67,114 (±$7,131) | $91,638 (±$512) | $100,009 |
In Latimer, the renter share is higher than in Franklin County (27.6%).
It is also higher than in Iowa (28.3%).
It is not measurably different from the national figure (34.8%).
In Franklin County, Latimer ranks 1 of 8 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 8 of 943.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Latimer has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 29.9% (±12.7 points) | 51.7% (±20.9 points) | +21.8 percentage points | Not a measurable change |
| Median gross rent | $631 (±$69) | $1,005 (±$125) | +59.3% | Up after inflation |
| Median household income | $40,000 (±$17,268) | $61,042 (±$34,770) | +52.6% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Latimer
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Latimer | — | 51.7% (±20.9 points) | — |
| Coulter | 2.1 mi | 26.2% (±14.8 points) | Not measurably different |
| Alexander | 6.4 mi | 17.1% (±17.4 points) | Lower |
| Hampton | 8.3 mi | 32.9% (±7.0 points) | Not measurably different |
| Rowan | 9.5 mi | 9.7% (±13.1 points) | Lower |
| Dows | 10 mi | 24.7% (±11.1 points) | Lower |
| Sheffield | 12 mi | 26.4% (±8.9 points) | Lower |
| Meservey | 12 mi | 28.4% (±21.7 points) | Not measurably different |
| Popejoy | 12 mi | 21.6% (±31.7 points) | Not measurably different |
Nearby places with a measurably lower figure: Alexander, IA (17.1%), Rowan, IA (9.7%), Dows, IA (24.7%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Franklin County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Latimer | 51.7% (±20.9 points) |
| 2 | Hampton | 32.9% (±7.0 points) |
| 3 | Hansell | 30.0% (±19.4 points) |
| 4 | Sheffield | 26.4% (±8.9 points) |
| 5 | Coulter | 26.2% (±14.8 points) |
| 6 | Popejoy | 21.6% (±31.7 points) |
| 7 | Geneva | 19.0% (±17.6 points) |
Showing 7 of 8 places in Franklin County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Latimer
How many renters are there in Latimer?
Latimer has an estimated 139 (±109) renting households, 51.7% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Latimer?
In Latimer, the share of households that rent went from 29.9% in 2015–2019 to 51.7% in 2020–2024 (+21.8 percentage points), not a measurable change.
How big are renting households in Latimer?
A renting household in Latimer has 2.6 people on average, against 2.4 in an owned home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Latimer city, Iowa
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Latimer city, Iowa
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Latimer city, Iowa
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Latimer city, Iowa
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Latimer city, Iowa
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Latimer city, Iowa (place:43590, in state:19).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Latimer at a glance
- Median rent in Latimer
- Home values in Latimer
- Homeowner costs in Latimer
- Property taxes in Latimer
- Types of homes in Latimer
- Age of homes in Latimer
- Heating fuel in Latimer
- Commute and cars in Latimer
- Iowa landlord and tenant rules
- Housing across Franklin County
- Iowa places ranked by share of renters
- Housing data for every place in Iowa