Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 45.8 yrs |
|---|---|
| Avg HH Size | 2.45 |
| Below Poverty | 14.5% ▲ 45% above avg |
| College Grads | 45.0% ▲ 16% above avg |
| Unemployment | 1.9% ▼ 60% below avg |
| No HS Diploma | 2 (0.4%) |
| HS Graduate | 140 (27.7%) |
| Some College | 60 (11.9%) |
| Associates | 76 (15%) |
| Bachelors | 87 (17.2%) |
| Graduate Degree | 140 (27.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $73,500 ≈ Avg |
|---|---|
| Median Home Value | $266,700 ≈ Avg |
| Home/Income Ratio | 3.6x (nat avg ~3.5x) |
| Median Rent | $713/mo |
| Total Housing Units | 362 |
| Vacant Units | 52 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Peterson is a city in Minnesota, located in Fillmore County. The city spans 1 ZIP code and is home to approximately 758 residents. It is a mature city, with a median age of 45.8 years.
Economically, Peterson is a solidly middle-class community. The median household income of $73,500 is near the national average. Approximately 14.5% of residents live below the poverty line. The unemployment rate is 1.9%, well below the national average.
The real estate market in Peterson is a mid-range housing market. Median home values stand at $266,700, which is near the national average. Renters typically pay around $713 per month. Homeownership is high at 89.0%, typical of suburban and family-oriented communities.
The population of Peterson is well-educated. 45.0% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (97.23%).
Peterson, MN offers residents a cost-conscious lifestyle within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 55962 | 758 | $73,500 | $266,700 | $713 | 1.9% | 45.0% | 89.0% |