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Petersburg, West Virginia

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
2,384
Population
$42,917
Median Income
$124,500
Home Value
44.0
Median Age

Demographics

Petersburg has a population of 2,384 with a median age of 44.0. Here is the racial and ethnic breakdown of the population:

White
91.7%
Other
3.2%
Hispanic
3.1%
Black
1.2%
Asian
0.8%
Demographic Value
Total Population2,384
Median Age44.0
White91.7%
Black or African American1.2%
Asian0.8%
Hispanic or Latino3.1%
Other / Two or More Races3.2%
Petersburg, West Virginia — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 91.7%Other: 3.2%Hispanic/Latino: 3.1%Other: 2.0%2,384PopulationWhiteWhite91.7%OtherOther3.2%Hispanic/LatinoHispanic/Latino3.1%OtherOther2.0%

Income & Economy

The median household income in Petersburg is $42,917, which is 46.8% below the national median of $80,610. The per capita income is $27,416. The poverty rate is 19.5%.

$42,917
Median Household Income
$27,416
Per Capita Income
19.5%
Poverty Rate

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Education

In Petersburg, 87.8% of residents age 25+ have a high school diploma or higher, and 14.4% hold a bachelor's degree or higher (5.4% with a graduate or professional degree).

HS Diploma+
87.8%
Bachelor's+
14.4%
Graduate+
5.4%
Education Level % of Adults (25+)
High School Diploma or Higher87.8%
Bachelor's Degree or Higher14.4%
Graduate or Professional Degree5.4%

Housing

The median home value in Petersburg is $124,500, below the national median of $303,400. The median monthly rent is $646. The homeownership rate is 60.0%.

$124,500
Median Home Value
$646/mo
Median Rent
60.0%
Homeownership Rate
Housing Metric Value
Median Home Value$124,500
Median Monthly Rent$646
Homeownership Rate60.0%
Vacancy Rate12.0%

Salaries in West Virginia

Explore salary data for popular occupations in West Virginia:

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Other Cities in West Virginia

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Frequently Asked Questions

What is the population of Petersburg, West Virginia?
The population of Petersburg, West Virginia is 2,384 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Petersburg, West Virginia?
The median household income in Petersburg, West Virginia is $42,917. This is 46.8% below the national median of $80,610.
What is the median home value in Petersburg, West Virginia?
The median home value in Petersburg, West Virginia is $124,500. The median monthly rent is $646.
What percentage of people in Petersburg have a college degree?
In Petersburg, West Virginia, 14.4% of adults age 25 and older hold a bachelor's degree or higher, and 87.8% have a high school diploma or higher.
Is Petersburg, West Virginia an affordable place to live?
The home price-to-income ratio in Petersburg, West Virginia is 2.9x (median home value $124,500 vs. median income $42,917), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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