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Peru, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 2.1x is exceptionally low

During the 2020–2024 ACS period, Peru, Illinois had a total population of 9,775, the 227th largest city in Illinois, with a median household income of $74,808, which is 10% lower than the state average. The poverty rate is 9.0%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Peru Quick Facts

Population 9,775
Median Household Income $74,808
Median Home Value $154,300
Poverty Rate 9.0%
Unemployment Rate 2.5%
Median Age 45.7 years
Homeownership Rate 75.0%
Affordability Ratio 2.1x
Bachelor's Degree or Higher 23.1%
High School Graduation Rate 94.6%
Diversity Index 25/100
Population 9,775 227th of 1,445
Median Income $74,808 average
Poverty Rate 9.0% 28% lower than national
Median Home Value $154,300 above average

How Peru Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population9,8639,775-0.9%
Median household income$68,147$74,808+9.8%
Median home value$155,600$154,300-0.8%

How Peru Compares

Economy & Housing

Household Income Distribution

Under $25K 11.5%
$25K-$50K 20.9%
$50K-$100K 34.2%
$100K+ 33.5%
Detailed income brackets
Under $10K
2.8%
$10K-$15K
5.5%
$15K-$20K
1.6%
$20K-$25K
1.7%
$25K-$30K
3.6%
$30K-$35K
1.2%
$35K-$40K
7.9%
$40K-$45K
4.5%
$45K-$50K
3.6%
$50K-$60K
11.8%
$60K-$75K
5.9%
$75K-$100K
16.5%
$100K-$125K
9.5%
$125K-$150K
7.0%
$150K-$200K
10.8%
$200K+
6.2%

Employment

2.5% Unemployment Rate State: 5.8%|National: 5.2%
62.9% Labor Force Participation

Housing Overview

Owner 75.0%
Renter 25.0%
Affordability Index Very Affordable
2.1x home value to income ratio
Median gross rent $921/mo 14.8% of median household income annually

People & Demographics

Diversity Index

25out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 61 | National average: 61

Education

Peru Rankings in Illinois

#227 Population of 1,445
#559 Median Income of 1,374
#499 Education of 1,444
#524 Home Value of 1,372

Other Cities in LaSalle County

CityPopulationMedian IncomePovertyHome Value
Ottawa 18,447 $71,413 17.3% $154,000
Streator 12,330 $57,609 20.3% $94,700
LaSalle 9,498 $57,732 18.8% $113,500
Mendota 6,994 $51,632 14.1% $134,100
Lake Holiday 5,641 $107,875 2.9% $256,400
Marseilles 4,279 $58,217 21.5% $142,500
Oglesby 3,570 $76,189 9.6% $139,700
Sheridan 2,519 $85,250 10.9% $186,400
Seneca 2,450 $86,830 22.2% $227,500
Earlville 1,942 $63,553 16.5% $142,200

Cities Similar to Peru

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Sauk Village9,678$69,973$110,80020.0%17.6%
Harvard9,598$67,617$175,40018.7%11.8%
Lyons10,339$70,993$257,30018.4%14.0%
Crestwood10,579$75,752$195,20026.2%13.0%
Rochelle9,529$66,307$164,30018.6%7.9%

Population Overview

Peru is a small city located in Illinois, within LaSalle County. The total population is 9,775. It ranks as the 227th most populous out of 1,445 Census-designated places in Illinois.

Age Demographics

The median age in Peru is 45.7 years. This is 17% higher than the state median of 39.0 years. 13.0% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Peru is $74,808. This is 10% lower than the state median of $83,390. It is also 7% lower than the national median of $80,734. The poverty rate stands at 9.0%. This is 24% lower than the state poverty rate of 11.8%. The unemployment rate is 2.5%. This is 58% lower than the state rate of 5.8%. The median home value is $154,300. Housing costs are 41% lower than the state median of $263,300. With a home-value-to-income ratio of just 2.1x, Peru is one of the most affordable housing markets in the area. 75.0% of occupied housing units are owner-occupied. This homeownership rate is 12% higher than the state average of 67.1%.

Race & Ethnicity

Peru has a predominantly White (non-Hispanic) population, comprising 85.8% of all residents. Hispanic or Latino residents account for 10.9%. The Black or African American population (0.6%) is well below the state average of 13.3%. The Asian population (0.8%) is well below the state average of 5.9%.

Education

23.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 39% lower than the state rate of 37.9%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.6%.

Data Sources & Methodology

All demographic data for Peru, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Peru, Illinois?

Peru, Illinois has a population of 9,775 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Peru, IL?

The median household income in Peru is $74,808, which is 7% lower than the national median of $80,734.

What is the poverty rate in Peru, IL?

The poverty rate in Peru is 9.0%. This means approximately 860 residents live below the federal poverty line.

What is the racial makeup of Peru, Illinois?

Peru's population is 85.8% White, 0.6% Black, 10.9% Hispanic/Latino, and 0.8% Asian.

What is the median home value in Peru, IL?

The median home value in Peru is $154,300. The home-value-to-income ratio is 2.1x.

How educated is Peru, Illinois?

23.1% of adults (25+) in Peru hold a bachelor's degree or higher, and 8.5% hold a graduate or professional degree.