Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 47.5 yrs |
|---|---|
| Avg HH Size | 2.27 |
| Below Poverty | 4.3% ▼ 57% below avg |
| College Grads | 50.3% ▲ 30% above avg |
| No HS Diploma | 3 (0.6%) |
| HS Graduate | 144 (27.9%) |
| Some College | 45 (8.7%) |
| Associates | 65 (12.6%) |
| Bachelors | 129 (25%) |
| Graduate Degree | 131 (25.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $93,125 ▲ 22% above avg |
|---|---|
| Median Home Value | $130,500 ▼ 53% below avg |
| Home/Income Ratio | 1.4x (nat avg ~3.5x) |
| Median Rent | $800/mo |
| Total Housing Units | 398 |
| Vacant Units | 79 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Peterson is a city in Iowa, located in Clay County. The city spans 1 ZIP code and is home to approximately 739 residents. It is a mature city, with a median age of 47.5 years.
Economically, Peterson is a middle-income community. The median household income of $93,125 is above the national average. Approximately 4.3% of residents live below the poverty line.
The real estate market in Peterson is one of the more affordable housing markets in the country. Median home values stand at $130,500, which is well below the national average. Renters typically pay around $800 per month. Homeownership is high at 90.0%, typical of suburban and family-oriented communities.
The population of Peterson is well-educated. 50.3% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (94.18%).
Peterson, IA offers residents above-average earning potential within Iowa.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 51047 | 739 | $93,125 | $130,500 | $800 | 0.0% | 50.3% | 90.0% |