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Petersburg, Tennessee

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
508
Population
$45,417
Median Income
$154,900
Home Value
39.8
Median Age

Demographics

Petersburg has a population of 508 with a median age of 39.8. Here is the racial and ethnic breakdown of the population:

White
85.6%
Other
7.9%
Black
3.1%
Hispanic
2.0%
Asian
1.4%
Demographic Value
Total Population508
Median Age39.8
White85.6%
Black or African American3.1%
Asian1.4%
Hispanic or Latino2.0%
Other / Two or More Races7.9%
Petersburg, Tennessee — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 85.6%Other: 7.9%Black: 3.1%Hispanic/Latino: 2.0%Other: 1.4%508PopulationWhiteWhite85.6%OtherOther7.9%BlackBlack3.1%Hispanic/LatinoHispanic/Latino2.0%OtherOther1.4%

Income & Economy

The median household income in Petersburg is $45,417, which is 43.7% below the national median of $80,610. The per capita income is $21,306. The poverty rate is 24.4%.

$45,417
Median Household Income
$21,306
Per Capita Income
24.4%
Poverty Rate

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Education

In Petersburg, 79.8% of residents age 25+ have a high school diploma or higher, and 9.2% hold a bachelor's degree or higher.

HS Diploma+
79.8%
Bachelor's+
9.2%
Education Level % of Adults (25+)
High School Diploma or Higher79.8%
Bachelor's Degree or Higher9.2%

Housing

The median home value in Petersburg is $154,900, below the national median of $303,400. The median monthly rent is $815. The homeownership rate is 64.8%.

$154,900
Median Home Value
$815/mo
Median Rent
64.8%
Homeownership Rate
Housing Metric Value
Median Home Value$154,900
Median Monthly Rent$815
Homeownership Rate64.8%
Vacancy Rate8.7%

Salaries in Tennessee

Explore salary data for popular occupations in Tennessee:

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Other Cities in Tennessee

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Frequently Asked Questions

What is the population of Petersburg, Tennessee?
The population of Petersburg, Tennessee is 508 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Petersburg, Tennessee?
The median household income in Petersburg, Tennessee is $45,417. This is 43.7% below the national median of $80,610.
What is the median home value in Petersburg, Tennessee?
The median home value in Petersburg, Tennessee is $154,900. The median monthly rent is $815.
What percentage of people in Petersburg have a college degree?
In Petersburg, Tennessee, 9.2% of adults age 25 and older hold a bachelor's degree or higher, and 79.8% have a high school diploma or higher.
Is Petersburg, Tennessee an affordable place to live?
The home price-to-income ratio in Petersburg, Tennessee is 3.4x (median home value $154,900 vs. median income $45,417), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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