Peru, IL Profile: Facts & Data

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Peru, Illinois - Basic Facts

The City of Peru had a population of 9,852 as of July 1, 2020.

The primary coordinate point for Peru is located at latitude 41.3275 and longitude -89.129 in LaSalle County. The formal boundaries for the City of Peru encompass a land area of 9.01 sq. miles and a water area of 0.11 sq. miles. LaSalle County is in the Central time zone (GMT -6). The elevation is 600 feet.

The City of Peru (GNIS ID: 2396189) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of Peru is located within Township of Peru, a minor civil division (MCD) of LaSalle County.


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Peru, IL Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 9,852 (100%)
Population in Households 9,422 (95.6%)
Population in Families 7,208 (73.2%)
Population in Group Quarters1 430 ( 4.4%)
Population Density 1,023
Diversity Index2 31
 
 

INCOME

Median Household Income $48,583
Average Household Income $68,303
% of Income for Mortgage4 11%
Per Capita Income $29,575
Wealth Index5 70
 

HOUSING

Total HU (Housing Units) 4,850 (100%)
Owner Occupied HU 2,843 (58.6%)
Renter Occupied HU 1,505 (31.0%)
Vacant Housing Units 502 (10.4%)
Median Home Value $130,689
Average Home Value $158,870
Housing Affordability Index3 193
 

HOUSEHOLDS

Total Households 4,348
Average Household Size 2.17
Family Households 2,583
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2020 2020-2025
Population -0.51% -0.74%
Households -0.38% -0.65%
Families -0.42% -0.79%
Median Household Income   0.36%
Per Capita Income   0.96%
Owner Occupied HU   -0.38%

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Peru, IL - Peer Comparisons by Rank and Percentile

The table below compares Peru to the other 1,369 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 224 84th
Population Density # 714 48th
Median Household Income # 1033 25th
Housing Affordability Index # 425 31st
Per Capita Income # 651 53rd
Diversity Index # 376 73rd

Additional comparisons and rankings can be made with a VERY EASY TO USE Illinois Census Data Comparison Tool.

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