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Petersburg, TN
Full City Profile · Tennessee · Lincoln County County
3.3
/5.0
B
Good
579
Population
573/sq mi density
$58,942
Median Income
$22,827 per capita
$144,600
Home Value
$308,018 Zillow
$648
Median Rent
24.4% income on rent
59°F
Avg Temperature
301 sunny days/yr
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$58,942 median income, 2.2% unemployment
A+
Affordability
5.0 / 5.0
$144,600 home value, $648/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
D
Education
1.8 / 5.0
10.1% bachelor's degree or higher
Housing Overview
Median Home Value
$144,600
49% below
US avg: $281,900
Median Rent
$648/mo
44% below
US avg: $1,163/mo
Homeownership Rate
64.3%
2% below US avg (65.4%)
Total Housing Units
237
Median year built: 1962
Home Value by Source
Census Median
$144,600
Zillow (ZHVI)
$308,018
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
64.3%
Owner-Occupied
35.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$882/mo
1 Bedroom
$924/mo
2 Bedroom
$1,118/mo
3 Bedroom
$1,445/mo
4 Bedroom
$1,644/mo
Census median rent:
$648/mo
Affordability & Housing Stock
Rent Burden
24.4%
of renters spending 30%+ of income on housing
21% below US avg (31.0%)
Median Year Built
1962
Average age of housing stock: 64 years
Homeownership Rate
64.3%
Complete Housing Data
Home Values
| Census Median Value | $144,600 |
| Zillow Home Value (ZHVI) | $308,018 |
Rent
| Census Median Rent | $648 |
| FMR Studio | $882 |
| FMR 1-Bedroom | $924 |
| FMR 2-Bedroom | $1,118 |
| FMR 3-Bedroom | $1,445 |
| FMR 4-Bedroom | $1,644 |
Market
Ownership & Stock
| Owner-Occupied | 64.3% |
| Renter-Occupied | 35.7% |
| Homeownership Rate | 64.3% |
| Total Housing Units | 237 |
| Median Year Built | 1962 |
| Rent Burden | 24.4% |