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Peru, Indiana

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
10,901
Population
$46,159
Median Income
$92,500
Home Value
41.2
Median Age

Demographics

Peru has a population of 10,901 with a median age of 41.2. Here is the racial and ethnic breakdown of the population:

White
87.8%
Hispanic
4.7%
Other
4.5%
Black
2.9%
Demographic Value
Total Population10,901
Median Age41.2
White87.8%
Black or African American2.9%
Asian0.1%
Hispanic or Latino4.7%
Other / Two or More Races4.5%
Peru, Indiana — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 87.8%Hispanic/Latino: 4.7%Other: 4.5%Black: 2.9%Other: 0.1%10,901PopulationWhiteWhite87.8%Hispanic/LatinoHispanic/Latino4.7%OtherOther4.5%BlackBlack2.9%OtherOther0.1%

Income & Economy

The median household income in Peru is $46,159, which is 42.7% below the national median of $80,610. The per capita income is $24,614. The poverty rate is 23.6%.

$46,159
Median Household Income
$24,614
Per Capita Income
23.6%
Poverty Rate

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Education

In Peru, 88.7% of residents age 25+ have a high school diploma or higher, and 16.4% hold a bachelor's degree or higher (6.7% with a graduate or professional degree).

HS Diploma+
88.7%
Bachelor's+
16.4%
Graduate+
6.7%
Education Level % of Adults (25+)
High School Diploma or Higher88.7%
Bachelor's Degree or Higher16.4%
Graduate or Professional Degree6.7%

Housing

The median home value in Peru is $92,500, below the national median of $303,400. The median monthly rent is $826. The homeownership rate is 71.3%.

$92,500
Median Home Value
$826/mo
Median Rent
71.3%
Homeownership Rate
Housing Metric Value
Median Home Value$92,500
Median Monthly Rent$826
Homeownership Rate71.3%
Vacancy Rate15.7%

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Frequently Asked Questions

What is the population of Peru, Indiana?
The population of Peru, Indiana is 10,901 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Peru, Indiana?
The median household income in Peru, Indiana is $46,159. This is 42.7% below the national median of $80,610.
What is the median home value in Peru, Indiana?
The median home value in Peru, Indiana is $92,500. The median monthly rent is $826.
What percentage of people in Peru have a college degree?
In Peru, Indiana, 16.4% of adults age 25 and older hold a bachelor's degree or higher, and 88.7% have a high school diploma or higher.
Is Peru, Indiana an affordable place to live?
The home price-to-income ratio in Peru, Indiana is 2.0x (median home value $92,500 vs. median income $46,159), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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