Everything You Should Know Before Moving to Peru, IN
Considering a move to Peru, IN? With a friendly population of just over 10,800, Peru offers affordable living—median home prices are only $106,000 and average rents around $775. Residents enjoy short commute times averaging 18 minutes, a modest cost of living, and a relaxed pace. While violent and property crime rates are above national averages, the city features a close-knit community, local schools, and easy access to healthcare. Peru’s four-season climate offers plenty of sunny days and the charm of a small Indiana town.
Demographics - Peru, IN
Peru, Indiana is home to just over 10,800 residents, with a median age of nearly 40 and a population density that gives it a small-town feel. The community is predominantly White, with a balanced gender ratio and a modest percentage of non-English speakers. This demographic blend contributes to a welcoming and close-knit atmosphere ideal for families and individuals alike.
Population:
10,872
Density:
1,800 per sq mi
Median Age:
39.7
Gender Ratio:
97 males per 100 females
Non-English Speakers Percentage:
3.8%
Ethnic Composition
White:
91.2%
Black:
1.9%
Asian:
0.5%
Others:
6.4%
Cost Of Living
What is the average cost of living in Peru, IN?
Living in Peru is highly affordable, with a median home value of $106,000 and average rents around $775 per month. The cost of living index is notably lower than the national average, making daily expenses such as groceries, utilities, and transportation budget-friendly. Residents benefit from low state taxes and manageable homeowner costs, allowing for a comfortable lifestyle.
Median House Value:
$106,000
Gross Rent:
$775
Monthly Electricity Charges:
$120
Auto Insurance:
$1,140
House Owner Cost With Mortgage:
$940
House Owner Cost Without Mortgage:
$370
State Taxes:
Low:
3.23%
|
High:
3.23%
Cost Of Living Index:
78.5
Grocery:
91.5
Housing:
54.2
Utilities:
96.8
Transportation:
89.7
Health Care:
89.5
Miscellaneous:
94.0
Crime
Is Peru, IN a safe place to live?
While Peru is a friendly community, its violent and property crime rates are somewhat higher than the national average, with a 1 in 369 chance of experiencing violent crime. Property crimes are more common, but many residents appreciate the town's proactive approach to safety. It's important for newcomers to stay informed and take standard precautions.
Violent Crimes Per 100k:
271
Property Crimes Per 100k:
2,072
Crime Index:
2,343
Chance Of Violent Crime:
1 in 369
Chance Of Property Crime:
1 in 48
Weather
What is the weather like in Peru, IN year-round?
Peru experiences all four seasons, with mild to warm summers reaching up to 84°F and chilly winters dropping to 18°F. The city enjoys 56% sunny days and receives nearly 40 inches of rainfall annually, offering a pleasant mix of weather for outdoor activities year-round. Residents appreciate the balance of sunny days and the classic Midwest seasonal changes.
Winter
Min:
18°F
Max:
36°F
Spring
Min:
41°F
Max:
65°F
Summer
Min:
62°F
Max:
84°F
Fall
Min:
44°F
Max:
66°F
Average Rainfall Inches:
39.7 inches
Sunny Days Percentage:
56%
Neighbors
The typical household in Peru earns about $42,500 annually, with a poverty rate of 17.2% and a low unemployment rate. Most residents have at least a high school diploma, and the average commute is just over 18 minutes, reflecting the town’s convenient layout. This creates a community with strong local ties and accessible amenities.
Median Income:
$26,900
Household Income:
$42,500
Family Income:
$56,100
Per Capita Income:
$22,800
Income Male:
$32,400
Income Female:
$25,500
Poverty Rate:
17.2%
Non English Speakers:
3.8%
Rent:
$775
Unemployment Rate:
5.4%
Public Transport Usage:
0.4%
Commute Time:
18.2 minutes
Education
High School or Higher:
87.4%
Bachelors or More:
13.2%
Education
How are the schools in Peru, IN?
Peru offers a range of educational opportunities, including several public and private schools with manageable student-to-teacher ratios. Local students benefit from nearby higher education options like Ivy Tech Community College and Indiana University Kokomo, both within a short drive. The community values education and provides resources for learners of all ages.
Public Schools
Name:
Peru High School
Street:
401 N Broadway
Phone:
765-472-3301
Students:
600
Student Teacher Ratio:
15.7
Name:
Blair Pointe Upper Elementary
Street:
307 Blair Pike
Phone:
765-472-1963
Students:
700
Student Teacher Ratio:
16.3
Private Schools
Name:
St. Charles Borromeo Catholic School
Street:
80 W 5th St
Phone:
765-473-6841
Students:
110
Colleges
Name:
Ivy Tech Community College - Kokomo
City:
Kokomo
State:
IN
Distance:
18 miles
Students:
3,400
Name:
Indiana University Kokomo
City:
Kokomo
State:
IN
Distance:
22 miles
Students:
3,100
Healthcare
Peru is served by Dukes Memorial Hospital, providing general and emergency services to the community. With 1.7 physicians per 1,000 residents and over 91% health insurance coverage, access to healthcare is reliable for most locals. The town’s healthcare index reflects solid service for a city of its size.
Major Hospitals
Name:
Dukes Memorial Hospital
Address:
275 W 12th St, Peru, IN 46970
Phone:
(765) 472-8000
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
1.7
Health Insurance Coverage:
91.2%
Health Care Index:
68.9
Housing Market
What is the housing market like in Peru, IN?
The Peru housing market is accessible, with a median home price around $106,000 and an owner-occupied rate of nearly 62%. Rental options are available, and the average two-bedroom rent is $775 per month. Home appreciation has been steady, making it a favorable place for both buyers and renters.
Median Home Price:
$106,000
Average Rent For 2 Bedroom:
$775
Owner Occupied Rate:
61.8%
Rental Vacancy Rate:
7.2%
Home Appreciation Rate (1yr):
4.2%
New Construction Rate:
0.6%
Foreclosure Rate:
0.7%
DMV Information
Residents can handle their licensing and vehicle registration needs at the local Indiana Bureau of Motor Vehicles branch, conveniently located on E Canal St in Peru. The branch offers comprehensive DMV services and is easily accessible for all city residents. Information and online resources are available through the state BMV website.
State:
Indiana
Department:
Indiana Bureau of Motor Vehicles
Address:
14 E Canal St, Peru, IN 46970
Phone:
888-692-6841
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.