Peterson, MN Demographics

The total population of Peterson is estimated to be 268 with 141 males (52.61%) and 127 females (47.39%). There are 14 less females than males in Peterson.
The median household income in Peterson was $63,504 in 2021, which marked an a decrease of 8,167(11.40%) from $71,671 in 2020. This income is 85.12% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Peterson sees its highest median household income among householders in the age group of 25 to 44 years old, at $93,229. Overall, the median household income for the city of Peterson stands at $63,504.
In Peterson, the median income for all workers aged 15 years and older, regardless of work hours, was $39,634 for males and $30,266 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $60,801 for males and $31,076 for females.
In Peterson, population is primarily represented by White households, reporting a median income of $62,152.
In 2022, the population of Peterson was 228, a 1.30% decrease year-by-year from 2021. Previously, in 2021, Peterson's population was 231, a decline of 0.43% compared to a population of 232 in 2020.
The median age in Peterson, MN is 41.1, as per 2021 ACS 5-Year Estimates. Of the total population, 17.84% were under the age of 15, 24.90% aged 15 to 29, 36.10% aged 30 to 64, 17.43% aged 65 to 84, and 3.73% were 85 years of age and older.
Racial distribution of Peterson population: 96.68% are White, 0.83% are Asian and 2.49% are multiracial.