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Petersburg, Michigan

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
1,179
Population
$83,235
Median Income
$215,500
Home Value
37.8
Median Age

Demographics

Petersburg has a population of 1,179 with a median age of 37.8. Here is the racial and ethnic breakdown of the population:

White
97.3%
Hispanic
3.3%
Demographic Value
Total Population1,179
Median Age37.8
White97.3%
Hispanic or Latino3.3%
Petersburg, Michigan — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 101.White: 96.7%Hispanic/Latino: 3.3%1,179PopulationWhiteWhite96.7%Hispanic/LatinoHispanic/Latino3.3%

Income & Economy

The median household income in Petersburg is $83,235, which is 3.3% above the national median of $80,610. The per capita income is $37,062. The poverty rate is 1.8%.

$83,235
Median Household Income
$37,062
Per Capita Income
1.8%
Poverty Rate

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Education

In Petersburg, 94.0% of residents age 25+ have a high school diploma or higher, and 15.7% hold a bachelor's degree or higher (4.5% with a graduate or professional degree).

HS Diploma+
94.0%
Bachelor's+
15.7%
Graduate+
4.5%
Education Level % of Adults (25+)
High School Diploma or Higher94.0%
Bachelor's Degree or Higher15.7%
Graduate or Professional Degree4.5%

Housing

The median home value in Petersburg is $215,500, below the national median of $303,400. The median monthly rent is $1,012. The homeownership rate is 80.9%.

$215,500
Median Home Value
$1,012/mo
Median Rent
80.9%
Homeownership Rate
Housing Metric Value
Median Home Value$215,500
Median Monthly Rent$1,012
Homeownership Rate80.9%
Vacancy Rate0.7%

Salaries in Michigan

Explore salary data for popular occupations in Michigan:

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Other Cities in Michigan

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Frequently Asked Questions

What is the population of Petersburg, Michigan?
The population of Petersburg, Michigan is 1,179 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Petersburg, Michigan?
The median household income in Petersburg, Michigan is $83,235. This is 3.3% above the national median of $80,610.
What is the median home value in Petersburg, Michigan?
The median home value in Petersburg, Michigan is $215,500. The median monthly rent is $1,012.
What percentage of people in Petersburg have a college degree?
In Petersburg, Michigan, 15.7% of adults age 25 and older hold a bachelor's degree or higher, and 94.0% have a high school diploma or higher.
Is Petersburg, Michigan an affordable place to live?
The home price-to-income ratio in Petersburg, Michigan is 2.6x (median home value $215,500 vs. median income $83,235), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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