Petersburg, AK
Population 3,346 · Alaska
About Petersburg, AK
Petersburg is a small town located in Alaska with a population of 3,346 residents according to the latest US Census Bureau American Community Survey data. The median household income is $76,466 per year, which is 2% above the national median of $75,149. The median age of 45.5 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Petersburg features a median home value of $298,500, which is 22% above the national median of $244,900. This positions Petersburg in a moderately priced market relative to the rest of the country. Median monthly rent is $1,208, 4% above the national average of $1,163/month. Of the 1,567 total housing units, 71% are owner-occupied (919 units) and 29% are renter-occupied (383 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Petersburg shows an unemployment rate of 3.3%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 5.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Petersburg have an average one-way commute time of 7.1 minutes, one of the shorter commutes in the region.
Education & Demographics
27.1% of Petersburg residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 5.8% White, 15.2% Hispanic or Latino, 0.6% Black or African American, and 2.5% Asian residents, with 14.7% of the population being foreign-born.
How Petersburg Ranks in Alaska
Cost of Living in Petersburg, AK
Compared to national averages, Petersburg has a median household income of $76,466 (2% above the national median of $75,149). Home values average $298,500, which is 22% above the national median. Monthly rent at $1,208 is 4% above the US average of $1,163. Within Alaska, Petersburg's income is 13% above the state average of $67,815, and home values are 47% above the state median of $203,729.
Why Live in Petersburg, AK?
Petersburg offers a strong local economy with a median household income of $76,466, well above the national average, and a strong job market with an unemployment rate of just 3.3%, and a low poverty rate of 5.8%, better than the national average. Additionally, the city features short commute times averaging just 7.1 minutes.
Petersburg has a population of 3,346 with a median age of 45.5 years. Compare Petersburg with other cities to see how it stacks up, or explore all cities in Alaska.
Similar Cities Near Petersburg
Cities in Alaska with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Big Lake | 3,291 | $76,292 | $286,600 | Compare |
| Goldstream | 3,238 | $92,604 | $289,600 | Compare |
| Mill Bay | 3,541 | $94,359 | $430,600 | Compare |
| Eielson AFB | 3,133 | $59,716 | $0 | Compare |
| Kotzebue | 3,046 | $106,328 | $264,500 | Compare |
| Nome | 3,668 | $113,561 | $338,900 | Compare |
| Farm Loop | 2,940 | $110,332 | $393,300 | Compare |
| Butte | 3,905 | $105,625 | $320,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Alaska
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Petersburg With Other Cities
Frequently Asked Questions about Petersburg
What is the population of Petersburg, AK?
The population of Petersburg, AK is 3,346 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Alaska.
What is the median household income in Petersburg?
The median household income in Petersburg, AK is $76,466 per year, which is 2% above the national median of $75,149.
What is the median home value in Petersburg?
The median home value in Petersburg, AK is $298,500, which is 22% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Petersburg?
The median monthly rent in Petersburg, AK is $1,208, which is 4% above the national average of $1,163/month.
What is the unemployment rate in Petersburg?
The unemployment rate in Petersburg, AK is 3.3%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Petersburg, AK a good place to live?
Petersburg offers above-average incomes, a competitive housing market, and a strong job market. With a population of 3,346 and a median age of 45.5, the city appeals to established professionals and retirees.
How educated is Petersburg, AK?
27.1% of residents in Petersburg aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Petersburg?
Key cost-of-living indicators for Petersburg, AK: median home value is $298,500 (22% above national), median rent is $1,208/month, and median household income is $76,466. The home-value-to-income ratio is 3.9x, a moderate figure by national standards.
What is the poverty rate in Petersburg?
The poverty rate in Petersburg, AK is 5.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Petersburg, AK?
Petersburg's population is 5.8% White, 15.2% Hispanic or Latino, 0.6% Black or African American, 2.5% Asian, and 1.5% two or more races. 14.7% of residents are foreign-born.