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
Compare with nearby places
Places of similar size in Iowa.
- Lorimor city 375
- Libertyville city 373
- Mingo city 373
- Protivin city 368
- Pulaski city 365
- Farmersburg city 364
- Salem city 363
Keep going
More Iowa coverage.