What is the median home price in Peru?

The median home price in Peru, Peru city, Indiana is $78,500, which is 72% below the national average of 281,900 ($281,900).

Peru, Peru city, Indiana has a violent crime rate of 0.0 per 1,000 residents, which is 100% below the national average, making it relatively safe. The national average is 3.6 per 1,000 residents. The property crime rate is 0.3 per 1,000 residents.

What is the Walk Score for Peru?

Peru, Peru city, Indiana has a Walk Score of 47 out of 100, classified as "Car-Dependent." The national average Walk Score is 48/100. The transit score is 0/100. The bike score is 53/100.

What is the median household income in Peru?

The median household income in Peru, Peru city, Indiana is $44,665, which is 40% below the national average of 74,580 ($74,580).

What is the average rent in Peru?

The median rent in Peru, Peru city, Indiana is $1,013 per month. The national average median rent is $1,163/month.

What is the air quality in Peru?

Peru, Peru city, Indiana has an Air Quality Index (AQI) of 44, 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, Indiana is approximately 10,862. The homeownership rate is 35.0% (national average: 65.9%).

What are the climate risks in Peru?

Peru, Peru city, Indiana has an overall climate risk rating of "Relatively High" with a risk score of 84.70. This assessment considers hazards such as flooding, wildfire, extreme heat, and severe storms.

Peru, Peru city, Indiana has an affordability index of 159, which is above the national baseline of 100, indicating relatively affordable housing. The electricity rate is 14.6¢/kWh (national average: 16.6¢/kWh).

What is the unemployment rate in Peru?

The unemployment rate in Peru, Peru city, Indiana is 6.4%. The national average unemployment rate is 3.7%. The poverty rate is 25.5% (national average: 12.4%).

Peru

Peru city, Indiana

Affordable

About Peru

If you're seeking a refreshingly affordable slice of Americana, Peru, Indiana, is calling. Nestled in the heart of the Midwest, this charming town offers a lifestyle that prioritizes community and cost-effectiveness. The median home value here is an incredibly attractive $78,500, a stark contrast to the national average, making homeownership a realistic dream for many. While the median household income of $44,665 is below the national figure, the significantly lower cost of living more than compensates, allowing residents to enjoy a comfortable existence without the financial strain of larger cities. Peru's welcoming atmosphere and close-knit community make it an ideal spot for those seeking a slower pace of life, where neighbors know each other and local events bring everyone together.

From an investment perspective, Peru presents a compelling opportunity. The housing market is stable, with properties remaining in demand due to their affordability. While detailed employment statistics aren't available, the town's proximity to larger cities like Kokomo and Marion provides residents with diverse job opportunities. Peru is also known for its safety, with a low crime rate that contributes to a peaceful living environment. This area is ideally suited for first-time homebuyers, retirees looking to downsize, and anyone seeking a comfortable and budget-friendly place to call home. With its blend of affordability, community spirit, and convenient location, Peru offers a quality of life that's hard to beat.

Peru, Indiana at a Glance

Peru is a city in Peru city, Indiana with a population of approximately 10,862. The median home value is $78,500 and the median household income is $44,665. It has a Walk Score of 47 out of 100, indicating car dependency. The violent crime rate is 0.0 per 1,000 residents, which is 100% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively High." Median rent is $1,013 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.