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West Virginia · Census place 62956

Petersburg city, WV

Quick answer

Petersburg city has 3,172 residents, ranking #47 of 439 places in West Virginia. Median household income is $48,286, the median home is worth $136,100 and median gross rent runs $622 a month.

Population
3,172Petersburg city residents
Median household income
$48,286Past 12 months, inflation adjusted
Median home value
$136,100Owner-occupied units
Median gross rent
$622Rent plus utilities, monthly
Median age
39.8 yrsAll residents
Homeownership rate
67.1%Owner-occupied households

What the numbers mean in Petersburg city

Housing cost measured against local earnings.

A household earning the Petersburg city median would spend about 15.5% 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 2.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 16.3% of residents and 67.1% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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