Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 47.9 yrs |
|---|---|
| Avg HH Size | 2.68 |
| Below Poverty | 8.1% ▼ 19% below avg |
| College Grads | 42.9% ▲ 11% above avg |
| Unemployment | 3.6% ▼ 26% below avg |
| HS Graduate | 1,198 (30.6%) |
| Some College | 645 (16.5%) |
| Associates | 396 (10.1%) |
| Bachelors | 525 (13.4%) |
| Graduate Degree | 1,155 (29.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $89,412 ▲ 17% above avg |
|---|---|
| Median Home Value | $269,700 ≈ Avg |
| Home/Income Ratio | 3.0x (nat avg ~3.5x) |
| Median Rent | $761/mo |
| Total Housing Units | 2,316 |
| Vacant Units | 190 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Petersburg is a city in Michigan, located in Monroe County. The city spans 1 ZIP code and is home to approximately 5,728 residents. It is a mature city, with a median age of 47.9 years.
Economically, Petersburg is a middle-income community. The median household income of $89,412 is above the national average. Approximately 8.1% of residents live below the poverty line. The unemployment rate is 3.6%, below the national average.
The real estate market in Petersburg is a mid-range housing market. Median home values stand at $269,700, which is near the national average. Renters typically pay around $761 per month. Homeownership is high at 91.2%, typical of suburban and family-oriented communities.
The population of Petersburg is well-educated. 42.9% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (92.93%).
Petersburg, MI offers residents above-average earning potential within Michigan.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 49270 | 5,728 | $89,412 | $269,700 | $761 | 3.6% | 42.9% | 91.2% |