Peterson

Population: 373
Median household income: $76,875
Median home value: $86,700

Peterson, a community in Clay County, Iowa, has 373 residents. At $76,875, its median household income sits above Clay County's $64,082.

From 2019 to 2023, Peterson's population declined 8.4% from 407 to 373, while its median home value rose 46.0% from $59,400 to $86,700.

The largest age group is 5 to 17, 17.7% of residents. White (non-Hispanic) residents are the largest group, 97.1% of the population.

Demographics

ACS 2019–2023

Population: 373
Median age: 37.6 yrs
Median household income: $76,875
Median home value: $86,700
Median gross rent: $850
Housing units: 202
Homeownership rate: 87.3%
Bachelor's degree or higher: 22.4%
Unemployment rate: 0.0%

Trends

ACS 5-year · 2019–2023

Population

407373

Median household income

$60,357$76,875

Median home value

$59,400$86,700

Median gross rent

$700$850

Year	Population	Median household income	Median home value	Median gross rent
2019	407	$60,357	$59,400	$700
2020	483	$62,143	$64,400	$806
2021	444	$64,750	$64,600	$675
2022	382	$68,750	$73,300	$625
2023	373	$76,875	$86,700	$850

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 57.8%

5 to 1717.7%

18 to 246.4%

25 to 3415.0%

35 to 447.0%

45 to 547.0%

55 to 6415.5%

65 to 7413.9%

75 and over9.7%

	Count	Share
Under 5	29	7.8%
5 to 17	66	17.7%
18 to 24	24	6.4%
25 to 34	56	15.0%
35 to 44	26	7.0%
45 to 54	26	7.0%
55 to 64	58	15.5%
65 to 74	52	13.9%
75 and over	36	9.7%

Race & ethnicity

	Count	Share
White (non-Hispanic)	362	97.1%
Black or African American	2	0.5%
American Indian & Alaska Native	2	0.5%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	0	0.0%
Hispanic or Latino (any race)	7	1.9%

Educational attainment (age 25+)

No high school diploma5.1%

High school graduate30.7%

Some college or associate's41.7%

Bachelor's degree13.8%

Graduate or professional degree8.7%

	Count	Share
No high school diploma	13	5.1%
High school graduate	78	30.7%
Some college or associate's	106	41.7%
Bachelor's degree	35	13.8%
Graduate or professional degree	22	8.7%

Commute to work

Mean travel time to work: 30 min

Drove alone88.7%

Carpooled4.9%

Public transit0.0%

Walked1.0%

Bicycle1.0%

Worked from home4.4%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	181	88.7%
Carpooled	10	4.9%
Public transit	0	0.0%
Walked	2	1.0%
Bicycle	2	1.0%
Worked from home	9	4.4%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	33	16.9%
15 to 29 min	40	20.5%
30 to 44 min	106	54.4%
45 to 59 min	0	0.0%
60+ min	16	8.2%

Households

Average household size: 2.36
Poverty rate: 2.7% (10 of 368)

	Count	Share
Family households	88	55.7%
Nonfamily households	70	44.3%

Housing

Median year structure built: 1938

Occupancy

	Count	Share
Occupied	158	78.2%
Vacant	44	21.8%

Tenure (of occupied units)

	Count	Share
Owner-occupied	138	87.3%
Renter-occupied	20	12.7%

1-unit, detached91.1%

1-unit, attached0.0%

2 to 4 units5.0%

5 to 19 units0.0%

20 or more units0.0%

Mobile home & other4.0%

Units in structure

	Count	Share
1-unit, detached	184	91.1%
1-unit, attached	0	0.0%
2 to 4 units	10	5.0%
5 to 19 units	0	0.0%
20 or more units	0	0.0%
Mobile home & other	8	4.0%

Geography

Place GEOID: 1962625
Type (LSAD): 25
Land area: 0.52 sq mi
Water area: 0.02 sq mi
Center point: 42.9173, -95.3431