Peru, IN
Population 10,835 · Indiana
About Peru, IN
Peru is a mid-sized city in Indiana with a population of 10,835 residents. The median household income is $46,180 per year, which is below the national average. The median age in Peru is 40.8 years.
Housing in Peru has a median home value of $84,000 and median monthly rent of $769. Of the 5,239 total housing units, the majority are owner-occupied, with 3,130 owner-occupied and 1,289 renter-occupied units.
The unemployment rate in Peru is 10.2% and the poverty rate is 25.4%. 16.5% of residents hold a bachelor's degree or higher. The average commute time is 22.5 minutes.
Cost of Living in Peru, IN
Compared to national averages, Peru has a median household income of $46,180 (39% below the national median of $75,149). Home values average $84,000, which is 66% below the national median. Monthly rent at $769 is 34% below the US average of $1,163. Within Indiana, Peru's income is 33% below the state average of $69,330, and home values are 49% below the state median of $163,409.
Why Live in Peru, IN?
Peru offers affordable housing with a median home value of $84,000, below the US average of $244,900, and rent that’s lower than the national average at $769/month, and short commute times averaging just 22.5 minutes.
Potential considerations include median household income ($46,180) that falls below the national average. However, Peru’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Peru has a population of 10,835 with a median age of 40.8 years. Compare Peru with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Peru
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lowell | 10,911 | $83,125 | $236,900 | Compare |
| Huntertown | 10,984 | $104,808 | $255,800 | Compare |
| Danville | 11,049 | $93,080 | $269,400 | Compare |
| Bluffton | 10,539 | $57,929 | $136,800 | Compare |
| Plymouth | 10,506 | $53,115 | $122,200 | Compare |
| Whitestown | 11,276 | $118,884 | $343,900 | Compare |
| Wabash | 10,378 | $54,199 | $115,000 | Compare |
| Sellersburg | 10,215 | $69,851 | $213,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Peru
What is the population of Peru, IN?
The population of Peru, IN is 10,835 according to the latest Census data.
What is the median household income in Peru?
The median household income in Peru, IN is $46,180 per year.
What is the median home value in Peru?
The median home value in Peru, IN is $84,000.
What is the average rent in Peru?
The median monthly rent in Peru, IN is $769.
What is the unemployment rate in Peru?
The unemployment rate in Peru, IN is 10.2%.