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

Tenure, estimate (90% margin of error)
LatimerFranklin CountyIowaUnited States
Renter-occupied share51.7% (±20.9 points)27.6% (±4.5 points)28.3% (±0.3 points)34.8%
Renting households139 (±109)1,158 (±211)372,311 (±3,635)45,017,354
Owning households130 (±37)3,040 (±165)943,396 (±5,414)84,210,142
Average renter household size2.6 (±1.1)2.0 (±0.3)2.0 (±0.0)2.3
Average owner household size2.4 (±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 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent29.9% (±12.7 points)51.7% (±20.9 points)+21.8 percentage pointsNot 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

Nearest places with a published estimate, compared with Latimer
PlaceDistanceHouseholds that rentCompared with this place
Latimer—51.7% (±20.9 points)—
Coulter2.1 mi26.2% (±14.8 points)Not measurably different
Alexander6.4 mi17.1% (±17.4 points)Lower
Hampton8.3 mi32.9% (±7.0 points)Not measurably different
Rowan9.5 mi9.7% (±13.1 points)Lower
Dows10 mi24.7% (±11.1 points)Lower
Sheffield12 mi26.4% (±8.9 points)Lower
Meservey12 mi28.4% (±21.7 points)Not measurably different
Popejoy12 mi21.6% (±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

RankPlaceHouseholds that rent
1Latimer51.7% (±20.9 points)
2Hampton32.9% (±7.0 points)
3Hansell30.0% (±19.4 points)
4Sheffield26.4% (±8.9 points)
5Coulter26.2% (±14.8 points)
6Popejoy21.6% (±31.7 points)
7Geneva19.0% (±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.

What you can do on Seayora in Latimer

One account for renting, owning, managing and fixing homes, with these figures beside you.

Looking for a place to rent?

Browse homes for rent near Latimer, save the ones you like and apply online.

Browse rentals · Create a renter account

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Latimer beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near Latimer, and send estimates and invoices from your phone.

Join as a pro · Find a pro

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

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.

Request a Census API 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