What is the median home price in Peru?

The median home price in Peru, Peru city, Illinois is $155,300, which is 45% below the national average of 281,900 ($281,900).

Peru, Peru city, Illinois has a violent crime rate of 1.2 per 1,000 residents, which is 67% below the national average, making it relatively safe. The national average is 3.6 per 1,000 residents. The property crime rate is 3.7 per 1,000 residents.

What is the Walk Score for Peru?

Peru, Peru city, Illinois has a Walk Score of 0 out of 100, classified as "Almost All Errands Require a Car." The national average Walk Score is 48/100. The bike score is 21/100.

What is the median household income in Peru?

The median household income in Peru, Peru city, Illinois is $61,809, which is 17% below the national average of 74,580 ($74,580).

What is the average rent in Peru?

The median rent in Peru, Peru city, Illinois is $1,354 per month. The national average median rent is $1,163/month.

What is the air quality in Peru?

Peru, Peru city, Illinois has an Air Quality Index (AQI) of 43, categorized as "Good." The national average AQI is 42. An AQI under 50 is considered "Good."

What is the population of Peru?

The population of Peru, Peru city, Illinois is approximately 9,831. The homeownership rate is 90.0% (national average: 65.9%).

What are the climate risks in Peru?

Peru, Peru city, Illinois has an overall climate risk rating of "Relatively Moderate" with a risk score of 73.10. This assessment considers hazards such as flooding, wildfire, extreme heat, and severe storms.

Peru, Peru city, Illinois has an affordability index of 218, which is above the national baseline of 100, indicating relatively affordable housing. The electricity rate is 9.1¢/kWh (national average: 16.6¢/kWh).

What is the unemployment rate in Peru?

The unemployment rate in Peru, Peru city, Illinois is 3.1%. The national average unemployment rate is 3.7%. The poverty rate is 6.9% (national average: 12.4%).

Peru

Peru city, Illinois

Affordable

About Peru

Thinking about a place where your dollar stretches further? Peru, Illinois, nestled along the Illinois River, offers a refreshingly affordable lifestyle, particularly appealing when you consider the national landscape. Here, the median home value clocks in at a remarkably accessible $155,300, a stark contrast to the US median of around $350,000. It's a town where you can experience the charm of Midwestern living without breaking the bank. The community is tight-knit, with a population just shy of 10,000, fostering a sense of belonging often missing in larger, more anonymous cities.

From an investment standpoint, Peru presents a compelling story. The median household income sits at $61,809, suggesting a stable economic base. While specific employment figures are not available, the overall cost of living is significantly lower than average, meaning that your money goes much further. This is a place ideal for first-time homebuyers, retirees seeking a peaceful retreat, or anyone looking to escape the high costs of urban life. The town offers a safe, family-friendly environment with a small-town feel, all within easy reach of the amenities and attractions of nearby cities.

Peru, Illinois at a Glance

Peru is a city in Peru city, Illinois with a population of approximately 9,831. The median home value is $155,300 and the median household income is $61,809. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 1.2 per 1,000 residents, which is 67% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Moderate." Median rent is $1,354 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.