Petersburg, IN
Population 2,141 · Indiana
About Petersburg, IN
Petersburg is a small community in Indiana with a population of 2,141 residents. The median household income is $48,924 per year, which is below the national average. The median age in Petersburg is 43.2 years.
Housing in Petersburg has a median home value of $94,700 and median monthly rent of $634. Of the 1,118 total housing units, the majority are owner-occupied, with 746 owner-occupied and 253 renter-occupied units.
The unemployment rate in Petersburg is 2.4% and the poverty rate is 15.1%. 12.2% of residents hold a bachelor's degree or higher. The average commute time is 26.6 minutes.
How Petersburg Ranks in Indiana
Cost of Living in Petersburg, IN
Compared to national averages, Petersburg has a median household income of $48,924 (35% below the national median of $75,149). Home values average $94,700, which is 61% below the national median. Monthly rent at $634 is 45% below the US average of $1,163. Within Indiana, Petersburg's income is 29% below the state average of $69,330, and home values are 42% below the state median of $163,409.
Why Live in Petersburg, IN?
Petersburg offers affordable housing with a median home value of $94,700, below the US average of $244,900, and rent that’s lower than the national average at $634/month, and a strong job market with an unemployment rate of just 2.4%.
Potential considerations include median household income ($48,924) that falls below the national average. However, Petersburg’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Petersburg has a population of 2,141 with a median age of 43.2 years. Compare Petersburg with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Petersburg
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Knightstown | 2,154 | $44,655 | $121,500 | Compare |
| Putnamville | 2,126 | $147,527 | $0 | Compare |
| Middletown | 2,163 | $55,833 | $98,500 | Compare |
| New Carlisle | 2,110 | $65,625 | $180,100 | Compare |
| Fremont | 2,177 | $61,953 | $144,900 | Compare |
| Waterloo | 2,180 | $61,375 | $108,600 | Compare |
| Edgewood | 2,101 | $85,842 | $173,800 | Compare |
| Flora | 2,100 | $61,458 | $136,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Petersburg
What is the population of Petersburg, IN?
The population of Petersburg, IN is 2,141 according to the latest Census data.
What is the median household income in Petersburg?
The median household income in Petersburg, IN is $48,924 per year.
What is the median home value in Petersburg?
The median home value in Petersburg, IN is $94,700.
What is the average rent in Petersburg?
The median monthly rent in Petersburg, IN is $634.
What is the unemployment rate in Petersburg?
The unemployment rate in Petersburg, IN is 2.4%.