Pros and Cons of Living In Peru, Indiana. Is Peru, IN a Nice Place To Live or Retire?

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Peru, Indiana

Moving to Peru In Indiana ? Is Peru, IN a Nice Place To Live? Pros and Cons of Living in Peru, Indiana. Find out the best and worst about to live, raise a family or retire in Peru.

Peru is a city in, and the county seat of, Miami County, Indiana, United States. It is 73 miles (117 km) north of Indianapolis. The population was 11,073 at the 2020 census, making it the most populous community in Miami County. Peru is located along the Wabash River and is part of the Kokomo-Peru Combined Statistical Area.

Residents of Peru usually pronounce the name of Peru like the name of the nation of Peru as it is commonly pronounced in American English. Elderly Hoosiers commonly use the archaic pronunciation of PEE-roo.

DEMOGRAPHICS

Population
11369
Unemployment
5.8%
23% NAT AVG.
Poverty
24.7%
76% NAT AVG.
Cost Of Living
77
23% NAT AVG.

ECONOMICS

Median Home Cost
$63700
72% NAT AVG.
Median Income
$40065
41% NAT AVG.
Median Rent
$753
35% NAT AVG.
Overall Score
5

CRIME REPORT

Total Crime
421
64% NAT. AVG.
79% STATE AVG.
Violent Crime
51
20% NAT. AVG.
30% STATE AVG.
Property Crime
370
72% NAT. AVG.
89% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 4
Unemployed People
1 in 17
People Earning < $10,000
1 in 12
People Earning < $50,000
63%
People With Any Degree
1 in 5

ETHNICITY

Ethnicity Peru USA
White 87.3% 60.1%
African American 6.2% 12.2%
American Indian 1.3% 0.6%
Asian 0% 5.6%
Hawaiian 0% 0.2%
Multiracial 1.2% 2.8%
Hispanic 3.9% 18.2%
Other 0.1% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Peru USA
Less than $10,000 8.4% 5.8%
$10,000 to $14,999 6.5% 4.1%
$15,000 to $24,999 16.4% 8.5%
$25,000 to $34,999 10.3% 8.6%
$35,000 to $49,999 21.4% 12.0%
$50,000 to $74,999 16.3% 17.2%
$75,000 to $99,999 10.8% 12.8%
$100,000 to $149,999 7.4% 15.6%
$150,000 to $199,999 1.1% 7.1%

EDUCATION

Education Peru USA
< 9th Grade 5% 5.0%
9-12th Grade 12% 7.0%
High School or GED 42% 27.0%
Other College 21% 20.0%
Associate's Degree 9% 9%
Bachelor's Degree 7% 20.0%
Master's Degree 4% 9.0%
Professional Degree 0% 2.0%
Doctorate Degree 0% 1.0%
Peru is a city in Indiana state in USA with a population of 11369 residents.. The poverty rate of Peru is 24.7%, which is 76% higher than national average. The typical household in Peru earns $40065 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 12 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 63% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Peru remained 5.8%, which is 23% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census.

Cost of living in Peru is 77, which is 23% lower than national average. In Peru, only 11% of adults have a bachelor's degree and 30% have some college but no degree. Median home value in Peru is $63700 , which is 72% lower than national average. While median income in Peru remained $40065, which is 41% lower than national average.
Peru Scorecard

Jobs50%

Housing40%

Affordability80%

Safety85%

Amenities85%

Diversity60%

Education40%

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