Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 62.5 yrs |
|---|---|
| Avg HH Size | 2.00 |
| Below Poverty | 10.2% ≈ Avg |
| College Grads | 36.7% ≈ Avg |
| HS Graduate | 90 (37.5%) |
| Some College | 31 (12.9%) |
| Associates | 31 (12.9%) |
| Bachelors | 17 (7.1%) |
| Graduate Degree | 71 (29.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $105,045 ▲ 38% above avg |
|---|---|
| Median Home Value | $233,800 ▼ 16% below avg |
| Home/Income Ratio | 2.2x (nat avg ~3.5x) |
| Median Rent | $917/mo |
| Total Housing Units | 201 |
| Vacant Units | 44 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Peru is a city in Iowa, located in Madison County. The city spans 1 ZIP code and is home to approximately 314 residents. It is an older city, with a median age of 62.5 years.
Economically, Peru is a upper-middle-income community. The median household income of $105,045 is above the national average. Approximately 10.2% of residents live below the poverty line.
The real estate market in Peru is an affordable housing market. Median home values stand at $233,800, which is below the national average. Renters typically pay around $917 per month. Homeownership is high at 94.3%, typical of suburban and family-oriented communities.
The population of Peru is moderately educated. 36.7% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (99.04%).
Peru, IA offers residents above-average earning potential within Iowa.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 50222 | 314 | $105,045 | $233,800 | $917 | 0.0% | 36.7% | 94.3% |