Living in Peru, Maine

Cost of living, income, home prices, rent and demographics of Peru · Census data 2020–2024

Peru has 1,501 residents with a median age of 48. The median household income is $66,827 (11% lower than the Maine median), the median home value is $141,300, the median rent is $723/month.

Peru at a glance

Population
1,501
Median age
48State: 44.8
Median household income
$66,827State: $74,733
Median home value
$141,300State: $296,600
Median rent
$723/moState: $1,139
Homeowners
90.2%
Bachelor's degree or higher
21.7%
Average commute
29 min

Is Peru a good place to live?

Pros: Home values 52% lower than the state median; unemployment of 1.1%; a poverty rate of 9.2%.

Cons: Median household income 11% lower than the Maine median; an average commute of 29 minutes.

The weather is best in June to September.

Cost of living in Peru

Housing is the biggest part of the cost of living. In Peru the median home value is $141,300, 58% lower than the U.S. median. Renters pay a median of $723 per month, which is 15% of household income. Homeowners with a mortgage pay $1,326 a month in housing costs.

Median home value

Peru$141,300
Maine$296,600
United States$332,700

Median monthly rent

Peru$723
Maine$1,139
United States$1,413

Peru median household income

The median household income in Peru is $66,827 and the income per person is $32,503. 9.2% of residents live below the poverty line (Maine: 10.7%).

Median household income

Peru$66,827
Maine$74,733
United States$80,734

Housing in Peru: homes for sale and rent

Housing units
853
Owner-occupied
90.2%
Renter-occupied
9.8%
Vacant
27%Includes seasonal homes
Median year built
1974
Average household size
2.41

Peru demographics

Population
1,501
Median age
48
Under 18
20.8%
65 and older
21.7%
Households
623
Foreign-born
0.4%
Veterans
7.3%Adults 18+

Race and ethnicity

White92.8%
Hispanic or Latino0.7%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Peru ›

Education in Peru

21.7% of adults 25 and older in Peru have a bachelor's degree or higher (Maine: 36.2%), and 6.2% have a graduate or professional degree.

Bachelor's degree or higher

Peru21.7%
Maine36.2%
United States35.7%

Jobs and commute in Peru

Unemployment rate
1.1%State: 3.8%
Average commute
29 minState: 25 min
Work from home
9.2%
Drive alone
83%
Public transit
0.5%
Walk to work
1.8%
Homes with broadband
83.8%

Peru vs nearby towns

TownPopulationMedian incomeHome valueRent
Peru1,501$66,827$141,300$723
Sumner845$57,750$150,000—
Dixfield2,300$70,613$160,900$658
Woodstock1,233$63,015$219,600$963
Mexico2,782$55,727$110,800$1,027
Hartford1,314$87,115$189,200—
Canton1,191$52,458$165,000$485
Carthage845$79,107$144,300$811
West Paris1,808$56,324$193,000$838

More for people moving to Peru

Peru ZIP code ›Weather and climate ›

Living in Peru: FAQ

What is the median household income in Peru, ME?

The median household income in Peru is $66,827, 11% lower than the Maine median of $74,733 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Peru?

The median home value in Peru is $141,300, compared with $296,600 in Maine.

How much is rent in Peru?

The median gross rent in Peru is $723 per month, about 15% of household income.

Is Peru, ME a good place to live?

Pluses: home values 52% lower than the state median; unemployment of 1.1%; a poverty rate of 9.2%. Minuses: median household income 11% lower than the Maine median; an average commute of 29 minutes.

What is the median age in Peru?

The median age in Peru is 48 years (Maine: 44.8).

How long is the commute in Peru?

The average commute to work in Peru is 29 minutes; 9.2% of workers work from home.

What is the unemployment rate in Peru?

The unemployment rate in Peru is 1.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Peru?

21.7% of adults in Peru have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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