What is the population of Petersburg city?

Petersburg city has 33,365 residents on Census ACS 2019-2023 ACS 5-year estimates.

What is the median household income in Petersburg city?

Median household income in Petersburg city is $50,741 a year, 35.4% below the national figure of $78,538.

How much does it cost to rent or buy in Petersburg city?

Median gross rent is $1,132 a month and the median home value is $157,900, so rent absorbs about 26.8% of median household income.

Is Petersburg city affordable compared with the rest of the US?

Homes cost about 3.1× the local median income here versus roughly 3.9× nationally, so Petersburg city is more affordable to buy in than the typical US market, and rent takes 26.8% of median income against the 30% cost-burden line.

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Virginia · FIPS 51730

Petersburg city, Virginia population and income

Quick answer

Petersburg city is home to 33,365 residents with a median household income of $50,741 and a median home value of $157,900. 38.3% of households own their home and 21.1% of residents live below the poverty line.

Population: 33,365Petersburg city residents
Median household income: $50,741Past 12 months, inflation adjusted
Median home value: $157,900Owner-occupied units
Median gross rent: $1,132Rent plus utilities, monthly
Median age: 35.8 yrsAll residents
Homeownership rate: 38.3%Owner-occupied households

Petersburg city, VA in context

How this area compares with national benchmarks.

Petersburg city is a small city in Virginia, with 33,365 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates. The median age here is 35.8 years against 39.1 nationally, a slightly younger profile than the country as a whole. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.

Households in Petersburg city earn a median of $50,741 a year, 35.4% below the national figure of $78,538. The median is the midpoint household, not an average, so a handful of very high earners cannot drag it upward the way they distort a mean. Poverty reaches 21.1% of residents here, well above the 12.4% national rate, which is the single clearest signal in this dataset that median income here is carried by a narrow band of households.

The typical owner-occupied home in Petersburg city is valued at $157,900, 48% below the national figure, while median gross rent runs $1,132 a month, 19.5% below the national figure, or roughly $13,584 across a full year. A household on the local median income would put about 26.8% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is within the standard affordability guideline. The home-price-to-income ratio works out to 3.1×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 38.3% of occupied homes are owner-occupied versus 65% nationally, a renter-majority market, so rent figures matter more here than the home-value line. The rent line includes utilities paid by the tenant, a definition worth remembering when comparing it against a landlord's quoted rate.

No figure on this page is estimated by us; each one comes straight from the published ACS tables for this area. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

How to read this page

What these estimates cover.

Figures are five-year rolling averages from the American Community Survey, not single-year counts, so they describe conditions across 2019-2023 ACS 5-year rather than a single date. Median home value covers owner-occupied units as valued by their owners, and median gross rent includes utilities the renter pays. Small counties carry wide margins of error; treat single-dollar differences between neighbouring counties as noise.

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

Cities and towns in Virginia

Largest Census places in Virginia by population.

Nearby counties

Other counties in Virginia.

Frequently asked questions

Common questions about this area.

What is the population of Petersburg city?: Petersburg city has 33,365 residents on Census ACS 2019-2023 ACS 5-year estimates.
What is the median household income in Petersburg city?: Median household income in Petersburg city is $50,741 a year, 35.4% below the national figure of $78,538.
How much does it cost to rent or buy in Petersburg city?: Median gross rent is $1,132 a month and the median home value is $157,900, so rent absorbs about 26.8% of median household income.
Is Petersburg city affordable compared with the rest of the US?: Homes cost about 3.1× the local median income here versus roughly 3.9× nationally, so Petersburg city is more affordable to buy in than the typical US market, and rent takes 26.8% of median income against the 30% cost-burden line.
How current is this Petersburg city data?: All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.