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Petersburg, West Virginia Demographics & Population 2026

During the 2020–2024 ACS period, Petersburg, West Virginia had a total population of 2,384, the 67th largest city in West Virginia, with a median household income of $42,917, which is 28% lower than the state average. The poverty rate is 19.5%.

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

Key Takeaways

Petersburg Quick Facts

Population 2,384
Median Household Income $42,917
Median Home Value $124,500
Poverty Rate 19.5%
Unemployment Rate 2.1%
Median Age 44.0 years
Homeownership Rate 60.0%
Affordability Ratio 2.9x
Bachelor's Degree or Higher 14.4%
High School Graduation Rate 87.8%
Diversity Index 17/100
Population 2,384 67th of 429
Median Income $42,917 bottom 30%
Poverty Rate 19.5% 57% higher than national
Median Home Value $124,500 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
Population3,1722,384-24.8%
Median household income$48,286$42,917-11.1%
Median home value$136,100$124,500-8.5%

How Petersburg Compares

Economy & Housing

Household Income Distribution

Under $25K 34.2%
$25K-$50K 23.0%
$50K-$100K 28.6%
$100K+ 14.3%
Detailed income brackets
Under $10K
4.9%
$10K-$15K
13.0%
$15K-$20K
3.3%
$20K-$25K
13.0%
$25K-$30K
4.0%
$30K-$35K
2.1%
$35K-$40K
7.9%
$40K-$45K
4.0%
$45K-$50K
4.9%
$50K-$60K
7.1%
$60K-$75K
6.6%
$75K-$100K
14.9%
$100K-$125K
6.0%
$125K-$150K
2.6%
$150K-$200K
4.7%
$200K+
1.0%

Employment

2.1% Unemployment Rate State: 5.4%|National: 5.2%
51.0% Labor Force Participation

Housing Overview

Owner 60.0%
Renter 40.0%
Affordability Index Very Affordable
2.9x home value to income ratio
Median gross rent $646/mo 18.1% of median household income annually

People & Demographics

Diversity Index

17out of 100
Very Low Diversity

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

State average: 19 | National average: 61

Education

Petersburg Rankings in West Virginia

#67 Population of 429
#242 Median Income of 337
#226 Education of 429
#140 Home Value of 331

Other Cities in Grant County

CityPopulationMedian IncomePovertyHome Value
Bayard 299 $33,462 32.4% $73,200

Cities Similar to Petersburg

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Wellsburg2,203$42,868$104,50017.3%20.3%
White Sulphur Springs2,549$46,178$117,00020.7%23.2%
Spencer2,291$37,639$116,80016.7%33.5%
Craigsville2,190$39,943$83,50026.4%6.1%
Moorefield2,525$49,063$125,0004.8%8.1%

Population Overview

Petersburg is a small community located in West Virginia, within Grant County. The total population is 2,384. It ranks as the 67th most populous out of 429 Census-designated places in West Virginia.

Age Demographics

The median age in Petersburg is 44.0 years. This is 3% higher than the state median of 42.7 years. 13.3% 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 is $42,917. This is 28% lower than the state median of $59,608. It is also 47% lower than the national median of $80,734. The poverty rate stands at 19.5%. This is 17% higher than the state poverty rate of 16.7%. The unemployment rate is 2.1%. This is 62% lower than the state rate of 5.4%. The median home value is $124,500. Housing costs are 23% lower than the state median of $162,600. With a home-value-to-income ratio of just 2.9x, Petersburg is one of the most affordable housing markets in the area. 60.0% of occupied housing units are owner-occupied. This homeownership rate is 20% lower than the state average of 74.9%.

Race & Ethnicity

Petersburg has a predominantly White (non-Hispanic) population, comprising 90.8% of all residents. Hispanic or Latino residents account for 3.1%. The Black or African American population (1.2%) is well below the state average of 3.1%.

Education

14.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 40% lower than the state rate of 24.1%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 87.8%.

Data Sources & Methodology

All demographic data for Petersburg, West Virginia 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 West Virginia state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 429 Census-designated places in West Virginia. 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 West Virginia city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Petersburg, West Virginia?

Petersburg, West Virginia has a population of 2,384 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Petersburg, WV?

The median household income in Petersburg is $42,917, which is 47% lower than the national median of $80,734.

What is the poverty rate in Petersburg, WV?

The poverty rate in Petersburg is 19.5%. This means approximately 445 residents live below the federal poverty line.

What is the racial makeup of Petersburg, West Virginia?

Petersburg's population is 90.8% White, 1.2% Black, 3.1% Hispanic/Latino, and 0.8% Asian.

What is the median home value in Petersburg, WV?

The median home value in Petersburg is $124,500. The home-value-to-income ratio is 2.9x.

How educated is Petersburg, West Virginia?

14.4% of adults (25+) in Petersburg hold a bachelor's degree or higher, and 5.4% hold a graduate or professional degree.