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Petersburg, Illinois Demographics & Population 2026

During the 2020–2024 ACS period, Petersburg, Illinois had a total population of 2,341, the 476th largest city in Illinois, with a median household income of $56,458, which is 32% lower than the state average. The poverty rate is 15.7%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Petersburg Quick Facts

Population 2,341
Median Household Income $56,458
Median Home Value $177,700
Poverty Rate 15.7%
Unemployment Rate 1.4%
Median Age 38.7 years
Homeownership Rate 61.0%
Affordability Ratio 3.1x
Bachelor's Degree or Higher 30.6%
High School Graduation Rate 93.8%
Diversity Index 11/100
Population 2,341 476th of 1,445
Median Income $56,458 bottom 30%
Poverty Rate 15.7% 26% higher than national
Median Home Value $177,700 above average

How Petersburg Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population2,5902,341-9.6%
Median household income$59,850$56,458-5.7%
Median home value$174,800$177,700+1.7%

How Petersburg Compares

Economy & Housing

Household Income Distribution

Under $25K 21.4%
$25K-$50K 27.4%
$50K-$100K 19.7%
$100K+ 31.6%
Detailed income brackets
Under $10K
7.6%
$10K-$15K
9.8%
$15K-$20K
1.7%
$20K-$25K
2.3%
$25K-$30K
3.6%
$30K-$35K
13.1%
$35K-$40K
1.1%
$40K-$45K
1.9%
$45K-$50K
7.6%
$50K-$60K
4.6%
$60K-$75K
6.7%
$75K-$100K
8.3%
$100K-$125K
12.5%
$125K-$150K
4.5%
$150K-$200K
7.2%
$200K+
7.3%

Employment

1.4% Unemployment Rate State: 5.8%|National: 5.2%
61.4% Labor Force Participation

Housing Overview

Owner 61.0%
Renter 39.0%
Affordability Index Affordable
3.1x home value to income ratio
Median gross rent $653/mo 13.9% of median household income annually

People & Demographics

Diversity Index

11out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 61 | National average: 61

Education

Petersburg Rankings in Illinois

#476 Population of 1,445
#1014 Median Income of 1,374
#312 Education of 1,444
#423 Home Value of 1,372

Other Cities in Menard County

CityPopulationMedian IncomePovertyHome Value
Athens 2,102 $81,192 9.5% $164,000
Lake Petersburg 928 $144,375 2.7% $338,700
Greenview 912 $63,594 9.0% $93,700
Tallula 494 $69,167 11.7% $94,500
Oakford 191 $65,000 7.4% $100,600

Cities Similar to Petersburg

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Merrionette Park2,354$56,515$173,40025.0%8.0%
Sumner2,252$55,625$46,0004.4%35.3%
White Hall2,257$55,054$63,80015.1%17.3%
Tilton2,453$55,697$70,40010.8%17.3%
Galva2,454$52,470$83,70019.7%18.8%

Population Overview

Petersburg is a small community located in Illinois, within Menard County. The total population is 2,341. It ranks as the 476th most populous out of 1,445 Census-designated places in Illinois.

Age Demographics

The median age in Petersburg is 38.7 years. This is about the same as the state median of 39.0 years.

Economy, Income & Housing

The median household income in Petersburg is $56,458. This is 32% lower than the state median of $83,390. It is also 30% lower than the national median of $80,734. The poverty rate stands at 15.7%. This is 33% higher than the state poverty rate of 11.8%. The unemployment rate is 1.4%. This is 76% lower than the state rate of 5.8%. The median home value is $177,700. Housing costs are 33% lower than the state median of $263,300. The home-value-to-income ratio is 3.1x. 61.0% of occupied housing units are owner-occupied. This homeownership rate is 9% lower than the state average of 67.1%.

Race & Ethnicity

Petersburg has a predominantly White (non-Hispanic) population, comprising 94.3% of all residents. Black or African American residents account for 0.2%. The White (non-Hispanic) population is significantly higher than the state average (94.3% vs 58.1%). The Black or African American population (0.2%) is well below the state average of 13.3%.

Education

30.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 19% lower than the state rate of 37.9%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 93.8%. Notably, 15.1% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Petersburg, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Petersburg, Illinois?

Petersburg, Illinois has a population of 2,341 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Petersburg, IL?

The median household income in Petersburg is $56,458, which is 30% lower than the national median of $80,734.

What is the poverty rate in Petersburg, IL?

The poverty rate in Petersburg is 15.7%. This means approximately 364 residents live below the federal poverty line.

What is the racial makeup of Petersburg, Illinois?

Petersburg's population is 94.3% White, 0.2% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Petersburg, IL?

The median home value in Petersburg is $177,700. The home-value-to-income ratio is 3.1x.

How educated is Petersburg, Illinois?

30.6% of adults (25+) in Petersburg hold a bachelor's degree or higher, and 15.1% hold a graduate or professional degree.