Petersburg, ND
Population 129 · North Dakota
About Petersburg, ND
Petersburg is a small community located in North Dakota with a population of 129 residents according to the latest US Census Bureau American Community Survey data. The median household income is $64,167 per year, which is 15% below the national median of $75,149. The median age of 57.5 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 $98,800, which is 60% below the national median of $244,900. This makes Petersburg one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $1,042, 10% below the national average of $1,163/month. Of the 89 total housing units, 91% are owner-occupied (49 units) and 9% are renter-occupied (5 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Petersburg shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 3.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Petersburg have an average one-way commute time of 28.3 minutes.
Education & Demographics
22.5% of Petersburg residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 3.9% White, 7.8% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 8.5% of the population being foreign-born.
Cost of Living in Petersburg, ND
Compared to national averages, Petersburg has a median household income of $64,167 (15% below the national median of $75,149). Home values average $98,800, which is 60% below the national median. Monthly rent at $1,042 is 10% below the US average of $1,163. Within North Dakota, Petersburg's income is 12% below the state average of $72,691, and home values are 29% below the state median of $139,496.
Why Live in Petersburg, ND?
Petersburg offers affordable housing with a median home value of $98,800, below the US average of $244,900, and rent that’s lower than the national average at $1,042/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 3.1%, better than the national average.
Potential considerations include median household income ($64,167) 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 129 with a median age of 57.5 years. Compare Petersburg with other cities to see how it stacks up, or explore all cities in North Dakota.
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Cities in North Dakota with a similar population size.
Demographics
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Economy & Education
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Other Cities in North Dakota
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, ND?
The population of Petersburg, ND is 129 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in North Dakota.
What is the median household income in Petersburg?
The median household income in Petersburg, ND is $64,167 per year, which is 15% below the national median of $75,149.
What is the median home value in Petersburg?
The median home value in Petersburg, ND is $98,800, which is 60% below 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, ND is $1,042, which is 10% below the national average of $1,163/month.
What is the unemployment rate in Petersburg?
The unemployment rate in Petersburg, ND is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Petersburg, ND a good place to live?
Petersburg offers a moderate cost of living, affordable housing, and a strong job market. With a population of 129 and a median age of 57.5, the city appeals to established professionals and retirees.
How educated is Petersburg, ND?
22.5% 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, ND: median home value is $98,800 (60% below national), median rent is $1,042/month, and median household income is $64,167. The home-value-to-income ratio is 1.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Petersburg?
The poverty rate in Petersburg, ND is 3.1%, 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, ND?
Petersburg's population is 3.9% White, 7.8% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 8.5% of residents are foreign-born.