Petersburg, MI Profile: Facts & Data

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Petersburg, Michigan - Basic Facts

The City of Petersburg had a population of 1,156 as of July 1, 2019. Petersburg ranks in the upper quartile for Population Density and the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Michigan. See peer rankings below.

The primary coordinate point for Petersburg is located at latitude 41.9012 and longitude -83.7149 in Monroe County. The formal boundaries for the City of Petersburg encompass a land area of 0.48 sq. miles and a water area of 0 sq. miles. Monroe County is in the Eastern time zone (GMT -5). The elevation is 679 feet.

The City of Petersburg (GNIS ID: 1626897) has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.


Jump to... (On This Page!)
  1. Petersburg 2019 Demographic Data
  2. Growth Rates for Petersburg (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Michigan Research Tools (Easy Tools & Current Data)
  3. Michigan Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Petersburg, MI Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Petersburg, MI Housing Affordability Index is 221
State of Michigan Housing Affordability Index is 142
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Petersburg, MI Wealth Index is 76
State of Michigan Wealth Index is 92
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

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  1. For information about schools and school attendance zones, use the HTL Address Tool
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  3. The new 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Michigan COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 1,156 (100%)
Population in Households 1,155 (99.9%)
Population in Families 967 (83.7%)
Population in Group Quarters1 1 ( 0.1%)
Population Density 2,394
Diversity Index2 11
 

INCOME

Median Household Income $62,645
Average Household Income $76,802
Per Capita Income $29,896
Wealth Index4 76

HOUSING

Total Housing Units 491 (100%)
Owner Occupied HU 349 (71.1%)
Renter Occupied HU 113 (23.0%)
Vacant Housing Units 29 ( 5.9%)
Median Home Value $148,810
Housing Affordability Index3 221
 

HOUSEHOLDS

Total Households 462
Average Household Size 2.5
Family Households 335
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 0.09% 0.14%
Households 0.31% 0.3%
Families 0.67% 0.24%
Median Household Income   4.62%
Per Capita Income   3.99%

Petersburg, MI - Peer Comparisons by Rank and Percentile

The table below compares Petersburg to the other 692 incorporated cities, towns and CDPs in Michigan by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 409 41st
Population Density # 108 85th
Diversity Index # 565 19th
Median Household Income # 138 80th
Per Capita Income # 204 71st

Additional comparisons and rankings can be made with a VERY EASY TO USE Michigan Census Data Comparison Tool.

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