Tennessee · Census place 57740
Petersburg town, TN
Quick answer
Petersburg town has 579 residents, ranking #365 of 504 places in Tennessee. Median household income is $58,942, the median home is worth $144,600 and median gross rent runs $648 a month.
- Population
- 579Petersburg town residents
- Median household income
- $58,942Past 12 months, inflation adjusted
- Median home value
- $144,600Owner-occupied units
- Median gross rent
- $648Rent plus utilities, monthly
- Median age
- 43.8 yrsAll residents
- Homeownership rate
- 64.3%Owner-occupied households
What the numbers mean in Petersburg town
Housing cost measured against local earnings.
A household earning the Petersburg town median would spend about 13.2% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 16.1% of residents and 64.3% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Tennessee.
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