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ZipNumbers

Iowa · Census place 62625

Peterson city, IA

Quick answer

Peterson city has 373 residents, ranking #555 of 1026 places in Iowa. Median household income is $76,875, the median home is worth $86,700 and median gross rent runs $850 a month.

Population
373Peterson city residents
Median household income
$76,875Past 12 months, inflation adjusted
Median home value
$86,700Owner-occupied units
Median gross rent
$850Rent plus utilities, monthly
Median age
37.6 yrsAll residents
Homeownership rate
87.3%Owner-occupied households

What the numbers mean in Peterson city

Housing cost measured against local earnings.

A household earning the Peterson city median would spend about 13.3% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 2.7% of residents and 87.3% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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