Perley, MN
Population 108 · Minnesota
About Perley, MN
Perley is a small community located in Minnesota with a population of 108 residents according to the latest US Census Bureau American Community Survey data. The median household income is $71,458 per year, which is 5% below the national median of $75,149. The median age of 51.3 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Perley features a median home value of $84,400, which is 66% below the national median of $244,900. This makes Perley one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 53 total housing units, 100% are owner-occupied (53 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Perley shows an unemployment rate of 19.1%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 17.6%, above the national average of 12.4%. Workers in Perley have an average one-way commute time of 35.5 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
18.5% of Perley residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 7.4% White, 3.7% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Perley, MN
Compared to national averages, Perley has a median household income of $71,458 (5% below the national median of $75,149). Home values average $84,400, which is 66% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Minnesota, Perley's income is 4% below the state average of $74,221, and home values are 59% below the state median of $204,472.
Why Live in Perley, MN?
Perley offers affordable housing with a median home value of $84,400, below the US average of $244,900, and rent that’s lower than the national average at $0/month.
Potential considerations include median household income ($71,458) that falls below the national average. However, Perley’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Perley has a population of 108 with a median age of 51.3 years. Compare Perley with other cities to see how it stacks up, or explore all cities in Minnesota.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Perley
What is the population of Perley, MN?
The population of Perley, MN is 108 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Minnesota.
What is the median household income in Perley?
The median household income in Perley, MN is $71,458 per year, which is 5% below the national median of $75,149.
What is the median home value in Perley?
The median home value in Perley, MN is $84,400, which is 66% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Perley?
The median monthly rent in Perley, MN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Perley?
The unemployment rate in Perley, MN is 19.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Perley, MN a good place to live?
Perley offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 108 and a median age of 51.3, the city appeals to established professionals and retirees.
How educated is Perley, MN?
18.5% of residents in Perley aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Perley?
Key cost-of-living indicators for Perley, MN: median home value is $84,400 (66% below national), median rent is $0/month, and median household income is $71,458. The home-value-to-income ratio is 1.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Perley?
The poverty rate in Perley, MN is 17.6%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Perley, MN?
Perley's population is 7.4% White, 3.7% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.