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

Income Overview

Median Household Income
$76,071
1% above
US avg: $75,149
Per Capita Income
$33,080
15% below
US avg: $39,052
Unemployment Rate
3.2%
11% below
US avg: 3.6%
Poverty Rate
4.0%
68% below
US avg: 12.4%

Income Comparison: Petersburg vs. U.S. Average

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

Median Household
US: $75,149
$76,071
101%
Per Capita
US: $39,052
$33,080
85%
IRS Avg AGI
US: $72,000
$72,000
100%
Avg Weekly Wage
US: $1,432
$1,164
81%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,164
19% below US avg ($1,432)
Mean Commute Time
28 min
3% above US avg (28 min)
Work From Home
12.6%
17% below US avg (15.2%)
Drive Alone
77.7%
6% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$8,136M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 77.7%
Public Transit 0%
Work From Home 12.6%
Other 9.7%
Average commute time
28 minutes
US avg: 28 min

Business Landscape

Total Establishments
2,514
Restaurants
276
Healthcare
282
Retail
371
Manufacturing
126

Tax & Financial

IRS Avg Adjusted Gross Income
$72,000
0% below US avg ($72,000)
Avg Property Tax
$4,560
30% above US avg ($3,500)
Cost of Living Index
96.2
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$76,071
Per Capita Income$33,080
IRS Avg Adjusted Gross Income$72,000
Avg Weekly Wage$1,164
County GDP$8,136M

Hardship Indicators

Unemployment Rate3.2%
Poverty Rate4.0%
Gini Coefficient0.424
Cost of Living Index96.2

Commute

Mean Commute28 minutes
Drive Alone77.7%
Public Transit0.0%
Work From Home12.6%

Businesses

Total Establishments2,514
Restaurants276
Healthcare282
Retail371
Manufacturing126

Tax

IRS Avg AGI$72,000
Avg Property Tax$4,560