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CITY

Peterson

Minnesota · 226 residents (2025 est.) · 0.475 sq mi
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The short version

Peterson has lower-than-average household income, with a median household income of $71,000. Population has declined 9% since 2000. 13% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has more than doubled since 2000, reaching $133,900. At a median age of 29.8, residents skew younger than the country as a whole.

At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 29.8
US median: 38.9
Less educated
13% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

244
−9%since 2000
from 269 in 2000
1990 – 2025
514 / sq mi
−9%since 2000
from 566 / sq mi in 2000
US average: 281
29.8
−39%since 2000
from 48.5 in 2000
US average: 38.9

PEP 2025 EST:226 residents (Census Bureau Vintage 2025, released March 2026)

Population, 19902024
1762012272522781990201020202024Peterson
2024244
1990201020202024
Section 02

Income & economy

$71,000
+9%inflation adjusted, since 2000
from $35,781 in 2000
US average: $82,259
1990 – 2024
$32,119
+118%since 2000
from $14,728 in 2000
US average: $44,673
Households earning $100K+
45.7%
+30.3 ptssince 2009
from 15.4% in 2009
US average: 53.3%
13.9%
+1.5 ptssince 2000
from 12.4% in 2000
US average: 12.5%
0.371
+15%since 2010
from 0.323 in 2010
US average: 0.476
Workforce by industry, 2024
Retail trade15.4%
US avg: 9.9%
Information14.6%
US avg: 10.8%
Wholesale trade7.3%
US avg: 6.9%
Transportation & warehousing4.9%
US avg: 2.2%
Other services3.3%
US avg: 6.7%
Public administration3.3%
US avg: 4.8%
Agriculture, forestry, fishing0.8%
US avg: 1.6%
Construction0.8%
US avg: 1.2%
Finance & insurance0.8%
US avg: 5.9%
Professional, scientific, technical0.8%
US avg: 5.1%
Manufacturing0%
US avg: 0.4%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

$133,900
+16%inflation adjusted, since 2000
from $63,200 in 2000
US average: $376,019
1990 – 2024
$650
−4%inflation adjusted, since 2000
from $372 in 2000
US average: $1,442
90.2%
+10.6 ptssince 2000
from 79.6% in 2000
9.8% rent
8.9%
−1.4 ptssince 2009
from 10.3% in 2009
US average: 10.0%
20.5%
−9.3 ptssince 2009
from 29.8% in 2009
US average: 22.9%
33.3%
+13.3 ptssince 2009
from 20.0% in 2009
US average: 47.4%
1.9
+7%since 2000
from 1.8 in 2000
1990 – 2024
RELATED:See current rent listings in Peterson on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic98.9%(266)
Black0%(0)
Hispanic / Latino0.7%(2)
Asian0.4%(1)
Other0%
Diversity Score2.8%(7)
2024
White, non-Hispanic94.3%(230)
Black0%(0)
Hispanic / Latino2.5%(6)
Asian0.8%(2)
Other2.5%(6)
Diversity Score13.8%(34)
14
+398%since 2000
from 3 in 2000
1990 – 2024
Section 05

Education

13.5%
Unchangedsince 2000
from 13.4% in 2000
US average: 35.6%
High school or higher
98.6%
+26.4 ptssince 2000
from 72.1% in 2000
US average: 89.6%
7.8%
+7.8 ptssince 2000
from 0.0% in 2000
US average: 14.0%
Section 06

Commute & transportation

32.4 min
+94%since 2000
from 16.7 min in 2000
US average: 26.5
69.1%
−8.9 ptssince 2009
from 78.0% in 2009
US average: 68.9%
24.4%
+14.2 ptssince 2009
from 10.2% in 2009
US average: 8.5%
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 3.2%
4.9%
−2.7 ptssince 2009
from 7.6% in 2009
US average: 15.0%
1.6%
−2.6 ptssince 2009
from 4.2% in 2009
US average: 2.4%
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.4%
2.2%
−1.7 ptssince 2009
from 3.8% in 2009
US average: 8.3%
Section 07

Work & employment

0.8%
−10.5 ptssince 2011
from 11.3% in 2011
US average: 5.2%
68.5%
−0.4 ptssince 2011
from 68.9% in 2011
US average: 63.5%
5.7%
+2.3 ptssince 2009
from 3.4% in 2009
US average: 13.1%
24.4%
−34.9 ptssince 2009
from 59.3% in 2009
US average: 42.5%
Section 08

People & community

48.4%
+1.4 ptssince 2009
from 47.0% in 2009
51.6%
−1.4 ptssince 2009
from 53.0% in 2009
0.8%
+0.8 ptssince 2009
from 0.0% in 2009
US average: 14.1%
9.6%
−36.1 ptssince 2009
from 45.7% in 2009
US average: 6.2%
14.3%
−3.0 ptssince 2012
from 17.3% in 2012
US average: 13.3%
6.6%
−82.9 ptssince 2013
from 89.5% in 2013
US average: 8.4%
84.8%
−0.9 ptssince 2017
from 85.7% in 2017
US average: 91.0%
100.0%
+0.6 ptssince 2016
from 99.4% in 2016
US average: 77.7%
0.0%
Unchangedsince 2016
from 0.0% in 2016
US average: 13.6%
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Frequently asked

How many people live in Peterson, Minnesota?

Peterson, Minnesota has about 244 residents according to the 2024 American Community Survey.

What is the median household income in Peterson, Minnesota?

The typical household in Peterson, Minnesota earns about $71,000 a year. Half of households make more than that, and half make less.

Is Peterson, Minnesota expensive?

In Peterson, Minnesota, the median home is worth about $133,900, and the typical rent is about $650 a month.

How educated are people in Peterson, Minnesota?

About 13.5% of adults age 25 and over in Peterson, Minnesota hold a bachelor's degree or higher.

What is the poverty rate in Peterson, Minnesota?

About 13.9% of people in Peterson, Minnesota live below the federal poverty line.

Has Peterson, Minnesota grown since 1990?

Yes, Peterson, Minnesota has shrunk since 1990. The population has lost about 8 residents, a change of about -3 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →