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Petersburg, Indiana Demographics & Population 2026

Very AffordableHome value to income ratio of 2.3x is exceptionally low

During the 2020–2024 ACS period, Petersburg, Indiana had a total population of 2,414, the 203rd largest city in Indiana, with a median household income of $54,188, which is 25% lower than the state average. The poverty rate is 11.5%.

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

Key Takeaways

Petersburg Quick Facts

Population 2,414
Median Household Income $54,188
Median Home Value $122,000
Poverty Rate 11.5%
Unemployment Rate 1.7%
Median Age 42.4 years
Homeownership Rate 72.8%
Affordability Ratio 2.3x
Bachelor's Degree or Higher 9.1%
High School Graduation Rate 85.6%
Diversity Index 4/100
Population 2,414 203rd of 967
Median Income $54,188 bottom 30%
Poverty Rate 11.5% 8% lower than national
Median Home Value $122,000 below 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
Population2,1412,414+12.8%
Median household income$48,924$54,188+10.8%
Median home value$94,700$122,000+28.8%

How Petersburg Compares

Economy & Housing

Household Income Distribution

Under $25K 19.3%
$25K-$50K 28.3%
$50K-$100K 29.5%
$100K+ 22.9%
Detailed income brackets
Under $10K
6.2%
$10K-$15K
6.0%
$15K-$20K
2.3%
$20K-$25K
4.8%
$25K-$30K
9.3%
$30K-$35K
5.2%
$35K-$40K
6.0%
$40K-$45K
2.1%
$45K-$50K
5.8%
$50K-$60K
8.9%
$60K-$75K
11.4%
$75K-$100K
9.1%
$100K-$125K
8.1%
$125K-$150K
6.0%
$150K-$200K
4.6%
$200K+
4.1%

Employment

1.7% Unemployment Rate State: 4.3%|National: 5.2%
58.6% Labor Force Participation

Housing Overview

Owner 72.8%
Renter 27.2%
Affordability Index Very Affordable
2.3x home value to income ratio
Median gross rent $797/mo 17.6% of median household income annually

People & Demographics

Diversity Index

4out of 100
Very Low Diversity

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

State average: 41 | National average: 61

Education

Petersburg Rankings in Indiana

#203 Population of 967
#574 Median Income of 796
#681 Education of 966
#523 Home Value of 818

Other Cities in Pike County

CityPopulationMedian IncomePovertyHome Value
Winslow 759 $59,464 12.3% $90,900
Otwell 379 N/A 25.6% $134,300
Spurgeon 163 $54,500 4.3% $111,100

Cities Similar to Petersburg

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Fowler2,360$53,576$111,80016.7%14.3%
Rising Sun2,474$58,843$155,70017.3%11.6%
Chesterfield2,489$58,824$113,10013.2%11.9%
Spencer2,481$48,378$162,90021.0%14.1%
Rockville2,559$57,083$99,60013.9%20.4%

Population Overview

Petersburg is a small community located in Indiana, within Pike County. The total population is 2,414. It ranks as the 203rd most populous out of 967 Census-designated places in Indiana.

Age Demographics

The median age in Petersburg is 42.4 years. This is 11% higher than the state median of 38.1 years.

Economy, Income & Housing

The median household income in Petersburg is $54,188. This is 25% lower than the state median of $71,957. It is also 33% lower than the national median of $80,734. The poverty rate stands at 11.5%. This is 7% lower than the state poverty rate of 12.3%. The unemployment rate is 1.7%. This is 61% lower than the state rate of 4.3%. The median home value is $122,000. Housing costs are 44% lower than the state median of $218,200. With a home-value-to-income ratio of just 2.3x, Petersburg is one of the most affordable housing markets in the area. 72.8% of occupied housing units are owner-occupied. This homeownership rate is 3% higher than the state average of 70.5%.

Race & Ethnicity

Petersburg has a predominantly White (non-Hispanic) population, comprising 98.1% of all residents. Black or African American residents account for 1.1%. The Black or African American population (1.1%) is well below the state average of 9.1%. The Hispanic or Latino population (0.1%) is well below the state average of 8.6%.

Education

9.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 69% lower than the state rate of 29.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 85.6%.

Data Sources & Methodology

All demographic data for Petersburg, Indiana 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 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all Indiana city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Petersburg, Indiana?

Petersburg, Indiana has a population of 2,414 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Petersburg, IN?

The median household income in Petersburg is $54,188, which is 33% lower than the national median of $80,734.

What is the poverty rate in Petersburg, IN?

The poverty rate in Petersburg is 11.5%. This means approximately 268 residents live below the federal poverty line.

What is the racial makeup of Petersburg, Indiana?

Petersburg's population is 98.1% White, 1.1% Black, 0.1% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Petersburg, IN?

The median home value in Petersburg is $122,000. The home-value-to-income ratio is 2.3x.

How educated is Petersburg, Indiana?

9.1% of adults (25+) in Petersburg hold a bachelor's degree or higher, and 3.2% hold a graduate or professional degree.