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Perham, Minnesota

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
3,627
Population
$49,716
Median Income
$199,000
Home Value
33.2
Median Age

Demographics

Perham has a population of 3,627 with a median age of 33.2. Here is the racial and ethnic breakdown of the population:

White
87.8%
Hispanic
12.6%
Demographic Value
Total Population3,627
Median Age33.2
White87.8%
Asian0.1%
Hispanic or Latino12.6%
Perham, Minnesota — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 87.4%Hispanic/Latino: 12.5%Other: 0.1%3,627PopulationWhiteWhite87.4%Hispanic/LatinoHispanic/Latino12.5%OtherOther0.1%

Income & Economy

The median household income in Perham is $49,716, which is 38.3% below the national median of $80,610. The per capita income is $28,927. The poverty rate is 19.1%.

$49,716
Median Household Income
$28,927
Per Capita Income
19.1%
Poverty Rate

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Education

In Perham, 92.9% of residents age 25+ have a high school diploma or higher, and 30.0% hold a bachelor's degree or higher (5.7% with a graduate or professional degree).

HS Diploma+
92.9%
Bachelor's+
30.0%
Graduate+
5.7%
Education Level % of Adults (25+)
High School Diploma or Higher92.9%
Bachelor's Degree or Higher30.0%
Graduate or Professional Degree5.7%

Housing

The median home value in Perham is $199,000, below the national median of $303,400. The median monthly rent is $855. The homeownership rate is 52.6%.

$199,000
Median Home Value
$855/mo
Median Rent
52.6%
Homeownership Rate
Housing Metric Value
Median Home Value$199,000
Median Monthly Rent$855
Homeownership Rate52.6%
Vacancy Rate9.9%

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Frequently Asked Questions

What is the population of Perham, Minnesota?
The population of Perham, Minnesota is 3,627 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Perham, Minnesota?
The median household income in Perham, Minnesota is $49,716. This is 38.3% below the national median of $80,610.
What is the median home value in Perham, Minnesota?
The median home value in Perham, Minnesota is $199,000. The median monthly rent is $855.
What percentage of people in Perham have a college degree?
In Perham, Minnesota, 30.0% of adults age 25 and older hold a bachelor's degree or higher, and 92.9% have a high school diploma or higher.
Is Perham, Minnesota an affordable place to live?
The home price-to-income ratio in Perham, Minnesota is 4.0x (median home value $199,000 vs. median income $49,716), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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