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Petersburg town, Tennessee Demographics & Population 2026

Very AffordableHome value to income ratio of 2.5x is exceptionally low

As of 2026, Petersburg town, Tennessee has a total population of 579, the 365th largest city in Tennessee, with a median household income of $58,942, which is 12% lower than the state average. The poverty rate is 16.1%.

Key Takeaways

Petersburg town Quick Facts

Population 579
Median Household Income $58,942
Median Home Value $144,600
Poverty Rate 16.1%
Unemployment Rate 3.9%
Median Age 43.8 years
Homeownership Rate 64.3%
Affordability Ratio 2.5x
Bachelor's Degree or Higher 10.1%
High School Graduation Rate 81.2%
Diversity Index 21/100
Population 579 365th of 504
Median Income $58,942 average
Poverty Rate 16.1% 30% higher national
Median Home Value $144,600 below average

How Petersburg town Compares

Economy & Housing

Employment

3.9% Unemployment Rate State: 4.7% | National: 5.2%
55.3% Labor Force Participation

Housing Overview

Owner 64.3%
Renter 35.8%
Affordability Index Very Affordable
2.5x home value to income ratio

People & Demographics

Diversity Index

21out of 100
Very Low Diversity

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

State average: 46 | National average: 60

Education

Petersburg town Rankings in Tennessee

#365 Population of 504
#206 Median Income of 504
#389 Education of 504
#317 Home Value of 504

Cities Similar to Petersburg town

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Trimble town558$57,697$73,1009.4%12.9%
Darden CDP612N/AN/A12.3%5.7%
Finger city600$55,556$92,8007.8%10.5%
McDonald CDP541$56,492$180,90030.3%3.9%
Parker's Crossroads city578$70,313$178,80011.8%4.4%

Population Overview

Petersburg town is a small community located in Tennessee. The total population is 579. It ranks as the 365th most populous out of 504 cities and towns in Tennessee.

Age Demographics

The median age in Petersburg town is 43.8 years. This is 13% higher than the state median of 38.9 years.

Economy, Income & Housing

The median household income in Petersburg town is $58,942. This is 12% lower than the state median of $67,097. Compared to the national median of $78,538, household income here is 25% lower. The poverty rate stands at 16.1%. This is 17% higher than the state poverty rate of 13.8%. The unemployment rate is 3.9%. This is 17% lower than the state rate of 4.7%. The median home value is $144,600. Housing costs are 44% lower than the state median of $256,800. With a home-value-to-income ratio of just 2.5x, Petersburg town is one of the most affordable housing markets in the area. 64.3% of occupied housing units are owner-occupied. This homeownership rate is 4% lower than the state average of 67.0%.

Race & Ethnicity

Petersburg town has a predominantly White (non-Hispanic) population, comprising 88.6% of all residents. Asian residents account for 2.3%. The Black or African American population (1.7%) is well below the state average of 15.7%. The Hispanic or Latino population (1.2%) is well below the state average of 7.1%.

Education

10.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 67% lower than the state rate of 30.4%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 81.2%.

Data Sources & Methodology

All demographic data for Petersburg town, Tennessee 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 Tennessee state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 504 Census-designated places in Tennessee. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Petersburg town, Tennessee?

Petersburg town, Tennessee has a population of 579 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Petersburg town, TN?

The median household income in Petersburg town is $58,942, which is 25% lower the national median of $78,538.

What is the poverty rate in Petersburg town, TN?

The poverty rate in Petersburg town is 16.1%. This means approximately 92 residents live below the federal poverty line.

What is the racial makeup of Petersburg town, Tennessee?

Petersburg town's population is 88.6% White, 1.7% Black, 1.2% Hispanic/Latino, and 2.3% Asian.

What is the median home value in Petersburg town, TN?

The median home value in Petersburg town is $144,600. The home-value-to-income ratio is 2.5x.

How educated is Petersburg town, Tennessee?

10.1% of adults (25+) in Petersburg town hold a bachelor's degree or higher, and 1.2% hold a graduate or professional degree.