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Petersburg city, Indiana Demographics & Population 2026

Very AffordableHome value to income ratio of 1.9x is exceptionally low

As of 2026, Petersburg city, Indiana has a total population of 2,141, the 218th largest city in Indiana, with a median household income of $48,924, which is 30% lower than the state average. The poverty rate is 15.1%.

Key Takeaways

Petersburg city Quick Facts

Population 2,141
Median Household Income $48,924
Median Home Value $94,700
Poverty Rate 15.1%
Unemployment Rate 2.4%
Median Age 43.2 years
Homeownership Rate 74.7%
Affordability Ratio 1.9x
Bachelor's Degree or Higher 12.2%
High School Graduation Rate 86.1%
Diversity Index 3/100
Population 2,141 218th of 967
Median Income $48,924 bottom 20%
Poverty Rate 15.1% 22% higher national
Median Home Value $94,700 bottom 30%

How Petersburg city Compares

Economy & Housing

Employment

2.4% Unemployment Rate State: 4.3% | National: 5.2%
55.7% Labor Force Participation

Housing Overview

Owner 74.7%
Renter 25.3%
Affordability Index Very Affordable
1.9x home value to income ratio

People & Demographics

Diversity Index

3out of 100
Very Low Diversity

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

State average: 40 | National average: 60

Education

Petersburg city Rankings in Indiana

#218 Population of 967
#658 Median Income of 967
#556 Education of 967
#646 Home Value of 967

Cities Similar to Petersburg city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
West Terre Haute town2,073$49,770$72,3006.9%16.9%
Vevay town2,087$47,014$122,10011.8%11.2%
Knightstown town2,154$44,655$121,50013.6%23.7%
Cloverdale town2,219$47,016$117,30016.5%11.8%
Middletown town2,163$55,833$98,50013.8%12.4%

Population Overview

Petersburg city is a small community located in Indiana. The total population is 2,141. It ranks as the 218th most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Petersburg city is 43.2 years. This is 14% higher than the state median of 38.0 years. 10.9% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Petersburg city is $48,924. This is 30% lower than the state median of $70,051. Compared to the national median of $78,538, household income here is 38% lower. The poverty rate stands at 15.1%. This is 24% higher than the state poverty rate of 12.2%. The unemployment rate is 2.4%. This is 44% lower than the state rate of 4.3%. The median home value is $94,700. Housing costs are 53% lower than the state median of $201,600. With a home-value-to-income ratio of just 1.9x, Petersburg city is one of the most affordable housing markets in the area. 74.7% of occupied housing units are owner-occupied. This homeownership rate is 6% higher than the state average of 70.3%.

Race & Ethnicity

Petersburg city has a predominantly White (non-Hispanic) population, comprising 98.6% of all residents. Black or African American residents account for 0.8%. The Black or African American population (0.8%) is well below the state average of 9.1%. The Hispanic or Latino population (0.1%) is well below the state average of 8.4%.

Education

12.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 58% lower than the state rate of 28.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 86.1%.

Data Sources & Methodology

All demographic data for Petersburg city, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Petersburg city, Indiana?

Petersburg city, Indiana has a population of 2,141 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Petersburg city, IN?

The median household income in Petersburg city is $48,924, which is 38% lower the national median of $78,538.

What is the poverty rate in Petersburg city, IN?

The poverty rate in Petersburg city is 15.1%. This means approximately 309 residents live below the federal poverty line.

What is the racial makeup of Petersburg city, Indiana?

Petersburg city's population is 98.6% White, 0.8% Black, 0.1% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Petersburg city, IN?

The median home value in Petersburg city is $94,700. The home-value-to-income ratio is 1.9x.

How educated is Petersburg city, Indiana?

12.2% of adults (25+) in Petersburg city hold a bachelor's degree or higher, and 4.3% hold a graduate or professional degree.