Petersburg, MI

Full City Profile · Michigan · Monroe County County

3.9 /5.0
B+ Good
1,261 Population 2,627/sq mi density
$76,071 Median Income $33,080 per capita
$197,100 Home Value $321,624 Zillow
$1,019 Median Rent 33.5% income on rent
49°F Avg Temperature
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$76,071 median income, 3.2% unemployment
A+
Affordability
5.0 / 5.0
$197,100 home value, $1,019/mo rent
C
Education
2.5 / 5.0
18.2% bachelor's degree or higher

Petersburg, MI

At a Glance

Median Income
$76,071
1% above
$33,080 per capita
Home Value
$197,100
30% below
Zillow: $321,624
Median Rent
$1,019/mo
12% below
33.5% of income on rent
Bachelor's Degree+
18.2%
46% below
92.9% high school+
Unemployment
3.2%
11% below
4.0% poverty rate
Obesity Rate
40.3%
26% above
15.3% smoking rate
Avg Temperature
49°F

How Petersburg Compares to the U.S. Average

Each bar shows Petersburg's value as a percentage of the national average (100% = U.S. avg)

Income
101%
Home Value
70%
Rent
88%
Poverty
32%
Bachelor's
54%
Unemployment
89%
Thin vertical line = U.S. national average (100%)

Is Petersburg a Good Place to Live?

B+
3.9 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Petersburg residents earn a median household income of $76,071 , which is 1% above the national average of $75,149. Per capita income is $33,080. The unemployment rate stands at 3.2% (11% below the U.S. rate of 3.6%). 4.0% of residents live below the poverty line. The area is home to 2,514 business establishments, including 276 restaurants.

Housing & Cost of Living

The median home value in Petersburg is $197,100 , 30% below the national median of $281,900. Zillow estimates the typical home at $321,624. Median rent is $1,019/month, with 33.5% of renters spending more than 30% of income on housing. The cost of living index is 96.2 (100 = national average). The median home was built in 1951.

Education

18.2% of adults in Petersburg hold a bachelor's degree or higher (46% below the national average). 92.9% have completed high school. Local schools score 5.3/10 in standardized testing.

Climate & Weather

Petersburg has an average annual temperature of 49°F (10°C). Winters average 25°F in January while summers reach 73°F in July. Annual precipitation totals 34.8 inches.

Data Overview

People

Population1,261
Median Age39.2 yrs
Density2,627/mi²
Male / Female47% / 53%
Foreign Born0.7%
Veterans6.0%

Economy

A
Median Income$76,071
Per Capita$33,080
Unemployment3.2%
Poverty4.0%
County GDP$8,136M
Avg Weekly Wage$1,164

Housing

A+
Home Value$197,100
Rent$1,019
Ownership83.5%
Zillow$321,624
Housing Units452
Rent Burden33.5%

Health

Obesity40.3%
Diabetes9.7%
Smoking15.3%
Heart Disease5.7%
Premature Death8,571/100K

Climate

Avg Temp49°F
Rain34.8 in/yr
Elevation679 ft

Education

C
Bachelor's+18.2%
High School+92.9%
Graduate+6.1%
School Score5.3/10

Community

2024 VoteR 63% / D 36%
Commute28 min
Broadband95.1%
Internet Speed151 Mbps
EV Stations4
Libraries18

Did You Know?

Petersburg was founded in 1836.
The median home in Petersburg was built in 1951.
The nearest airport is Detroit Metro Wayne County (28 miles).
The Gini coefficient (income inequality) is 0.424 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
11.6% of the population has a disability.
Average internet download speed is 151 Mbps.
There are 276 restaurants in the area.
The county recorded 15 fatal vehicle crashes.