Living in Petersburg, Illinois
Cost of living, income, home prices, rent and demographics of Petersburg · Census data 2020–2024
Petersburg has 2,341 residents with a median age of 38.7. The median household income is $56,458 (32% lower than the Illinois median), the median home value is $177,700, the median rent is $653/month.
Petersburg at a glance
- Population
- 2,341
- Median age
- 38.7State: 39
- Median household income
- $56,458State: $83,390
- Median home value
- $177,700State: $263,300
- Median rent
- $653/moState: $1,274
- Homeowners
- 61%
- Bachelor's degree or higher
- 30.6%
- Average commute
- 22 min
Is Petersburg a good place to live?
Pros: Home values 33% lower than the state median; an average commute of 22 minutes; unemployment of 1.4%.
Cons: Median household income 32% lower than the Illinois median; a poverty rate of 15.7%.
The weather is best in May–June and August–September.
Cost of living in Petersburg
Housing is the biggest part of the cost of living. In Petersburg the median home value is $177,700, 47% lower than the U.S. median. Renters pay a median of $653 per month, which is 33.5% of household income. Homeowners with a mortgage pay $1,374 a month in housing costs.
Petersburg median household income
The median household income in Petersburg is $56,458 and the income per person is $45,576. 15.7% of residents live below the poverty line (Illinois: 11.8%).
Housing in Petersburg: homes for sale and rent
- Housing units
- 1,195
- Owner-occupied
- 61%
- Renter-occupied
- 39%
- Vacant
- 3.8%Includes seasonal homes
- Median year built
- 1964
- Average household size
- 2.02
Petersburg demographics
- Population
- 2,341
- Median age
- 38.7
- Under 18
- 18.5%
- 65 and older
- 18.3%
- Households
- 1,150
- Foreign-born
- 0%
- Veterans
- 4.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Petersburg ›
Education in Petersburg
30.6% of adults 25 and older in Petersburg have a bachelor's degree or higher (Illinois: 37.8%), and 15.1% have a graduate or professional degree.
Jobs and commute in Petersburg
- Unemployment rate
- 1.4%State: 5.8%
- Average commute
- 22 minState: 28 min
- Work from home
- 8%
- Drive alone
- 86.3%
- Public transit
- 0%
- Walk to work
- 4.2%
- Homes with broadband
- 90.4%
Petersburg vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Petersburg | 2,341 | $56,458 | $177,700 | $653 |
| Lake Petersburg | 928 | $144,375 | $338,700 | — |
| Tallula | 494 | $69,167 | $94,500 | $1,028 |
| Greenview | 912 | $63,594 | $93,700 | $717 |
| Athens | 2,102 | $81,192 | $164,000 | $855 |
| Oakford | 191 | $65,000 | $100,600 | $838 |
| Cantrall | 142 | $87,500 | $145,800 | $850 |
| Pleasant Plains | 886 | $89,643 | $169,000 | $1,079 |
| Ashland | 999 | $68,060 | $98,500 | $571 |
More for people moving to Petersburg
Petersburg ZIP code ›Weather and climate ›Living in Petersburg: FAQ
What is the median household income in Petersburg, IL?
The median household income in Petersburg is $56,458, 32% lower than the Illinois median of $83,390 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Petersburg?
The median home value in Petersburg is $177,700, compared with $263,300 in Illinois.
How much is rent in Petersburg?
The median gross rent in Petersburg is $653 per month, about 33.5% of household income.
Is Petersburg, IL a good place to live?
Pluses: home values 33% lower than the state median; an average commute of 22 minutes; unemployment of 1.4%. Minuses: median household income 32% lower than the Illinois median; a poverty rate of 15.7%.
What is the median age in Petersburg?
The median age in Petersburg is 38.7 years (Illinois: 39).
How long is the commute in Petersburg?
The average commute to work in Petersburg is 22 minutes; 8% of workers work from home.
What is the unemployment rate in Petersburg?
The unemployment rate in Petersburg is 1.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Petersburg?
30.6% of adults in Petersburg have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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