What is the median household income in Peru, IL?
The median household income in Peru, IL is $74,808 (±$9,191) a year (2020–2024 American Community Survey).
Paying the median gross rent of $921 a month would take about $36,800 a year at the common guideline of spending no more than 30% of income on rent.
In Peru, the median household income went from $51,321 in 2015–2019 to $74,808 in 2020–2024 (+45.8%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $74,808 (±$9,191)
- Median renter income
- $47,586 (±$14,397)
- Income to afford median rent
- about $36,800
Income in Peru against LaSalle County, its state and the nation
| Peru | LaSalle County | Illinois | United States | |
|---|---|---|---|---|
| Median household income | $74,808 (±$9,191) | $73,045 (±$2,890) | $83,390 (±$362) | $80,734 |
| Median renter household income | $47,586 (±$14,397) | $39,487 (±$2,685) | $50,420 (±$471) | $52,966 |
| Median owner household income | $85,341 (±$5,642) | $85,684 (±$1,902) | $103,505 (±$377) | $100,009 |
| Median gross rent | $921 (±$125) | $928 (±$24) | $1,274 (±$5) | $1,413 |
In Peru, median household income is not measurably different from LaSalle County ($73,045).
It is not measurably different from Illinois ($83,390).
It is not measurably different from the national figure ($80,734).
In LaSalle County, Peru ranks 37 of 61 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 1270 of 2,652.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Peru
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $921 a month ($11,052 a year) needs an income of about $36,800 a year.
The median renting household in Peru earns $47,586 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $51,321 (±$7,431) | $74,808 (±$9,191) | +45.8% | No measurable change after inflation |
| Median gross rent | $744 (±$36) | $921 (±$125) | +23.8% | No measurable change after inflation |
| Median home value | $127,400 (±$7,879) | $154,300 (±$10,865) | +21.1% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Peru
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Peru | — | $74,808 (±$9,191) | — |
| Dalzell | 1.8 mi | $77,500 (±$12,822) | Not measurably different |
| Peru Township | 2.3 mi | $75,417 (±$8,693) | Not measurably different |
| LaSalle | 2.7 mi | $57,732 (±$5,714) | Lower |
| Spring Valley | 3.3 mi | $70,598 (±$8,239) | Not measurably different |
| LaSalle Township | 4.0 mi | $61,240 (±$3,196) | Lower |
| Dimmick Township | 4.1 mi | $118,654 (±$7,627) | Higher |
| Ladd | 4.2 mi | $67,321 (±$9,994) | Not measurably different |
| Hall Township | 4.4 mi | $71,296 (±$5,913) | Not measurably different |
Nearby places with a measurably lower figure: LaSalle, IL ($57,732), LaSalle Township, IL ($61,240).
Nearby places with a measurably higher figure: Dimmick Township, IL ($118,654).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across LaSalle County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 31 | Leland | $79,583 (±$13,977) |
| 32 | Grand Ridge | $78,929 (±$30,021) |
| 33 | Farm Ridge Township | $76,382 (±$12,625) |
| 34 | Oglesby | $76,189 (±$8,746) |
| 35 | Dayton Township | $76,042 (±$23,254) |
| 36 | Peru Township | $75,417 (±$8,693) |
| 37 | Peru | $74,808 (±$9,191) |
| 38 | Vermillion Township | $74,375 (±$50,817) |
| 39 | Groveland Township (LaSalle County) | $73,750 (±$21,736) |
| 40 | Cedar Point | $73,125 (±$45,628) |
| 41 | Naplate | $71,875 (±$14,347) |
| 42 | Ottawa | $71,413 (±$9,059) |
| 43 | Ottawa Township | $70,008 (±$9,203) |
Showing 13 of 61 places in LaSalle County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Peru
What is the median household income in Peru?
The median household income in Peru is $74,808 (±$9,191) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Peru?
About $36,800 a year, if rent is to stay at or below 30% of income at the median gross rent of $921 a month.
Have incomes in Peru kept up with inflation?
In Peru, the median household income went from $51,321 in 2015–2019 to $74,808 in 2020–2024 (+45.8%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Peru?
The median renting household in Peru, IL earns $47,586 (±$14,397) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Peru city, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Peru city, Illinois
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Peru city, Illinois
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Peru city, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Peru city, Illinois
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Peru city, Illinois
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Peru city, Illinois (place:59234, in state:17).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Peru at a glance
- Median rent in Peru
- Rent by bedrooms in Peru
- Rent burden in Peru
- Renters and owners in Peru
- Home values in Peru
- Homeowner costs in Peru
- Property taxes in Peru
- Types of homes in Peru
- Bedrooms in Peru
- Age of homes in Peru
- Vacancy rate in Peru
- Heating fuel in Peru
- Commute and cars in Peru
- Crime reported to police in Peru
- Population growth in Peru
- How long people stay in Peru
- Crowding and facilities in Peru
- Illinois landlord and tenant rules
- Housing across LaSalle County
- Illinois places ranked by median household income
- Housing data for every place in Illinois