Petersburg, IN Profile: Facts & Data

Petersburg, Indiana - Basic Facts

The City of Petersburg had a population of 2,217 as of July 1, 2024.

The primary coordinate point for Petersburg is located at latitude 38.492 and longitude -87.2786 in Pike County. The formal boundaries for the City of Petersburg encompass a land area of 1.47 sq. miles and a water area of 0 sq. miles. Pike County is in the Eastern time zone (GMT -5).

The City of Petersburg has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of Petersburg is located within Township of Washington, a minor civil division (MCD) of Pike County.

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Petersburg, IN Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	2,217 (100%)
Population in Households	2,120 (95.6%)
Population in Families	1,644 (74.2%)
Population in Group Quarters¹	97 ( 4.4%)
Population Density	1,510
Diversity Index²	14


INCOME
Median Household Income	$66,046
Average Household Income	$78,475
% of Income for Mortgage⁴	16%
Per Capita Income	$34,932
Wealth Index⁵	63
Socioeconomic Status Index⁶	Moderate (55.0)

HOUSING
Total HU (Housing Units)	1,130 (100%)
Owner Occupied HU	671 (59.4%)
Renter Occupied HU	314 (27.8%)
Vacant Housing Units	145 (12.8%)
Median Home Value	$168,233
Average Home Value	$182,824
Housing Affordability Index³	155

HOUSEHOLDS
Total Households	985
Average Household Size	2.15
Family Households	580
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

1,130 (100%)

Owner Occupied HU

671 (59.4%)

Renter Occupied HU

314 (27.8%)

Vacant Housing Units

145 (12.8%)

Median Home Value

$168,233

Average Home Value

$182,824

Housing Affordability Index³

155

HOUSEHOLDS

Total Households

985

Average Household Size

2.15

Family Households

580

Average Family Size

3.00

NOTES

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.
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 races 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.
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.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
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.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-0.90%	-0.53%
Households	-0.50%	-0.12%
Families		-0.49%
Median Household Income		3.75%
Per Capita Income		3.82%
Owner Occupied HU		0.36%

GROWTH RATE / YEAR

2020-2024

2024-2029

Population

-0.90%

-0.53%

Households

-0.50%

-0.12%

Families

-0.49%

Median Household Income

3.75%

Per Capita Income

3.82%

Owner Occupied HU

0.36%

Petersburg, IN - Peer Comparisons by Rank and Percentile

The table below compares Petersburg to the other 976 incorporated cities, towns and CDPs in Indiana by rank and percentile using July 1, 2024 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	# 208	79th
Population Density	# 261	73rd
Median Household Income	# 566	42nd
Housing Affordability Index	# 718	74th
Per Capita Income	# 482	51st
Diversity Index	# 644	34th

Variable Description

Rank

Percentile

Total Population

# 208

79th

Population Density

# 261

73rd

Median Household Income

# 566

42nd

Housing Affordability Index

# 718

74th

Per Capita Income

# 482

51st

Diversity Index

# 644

34th

Indiana Census Data Comparison Tool

Petersburg, IN Profile: Facts & Data

Petersburg, Indiana - Basic Facts

Petersburg, IN Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Petersburg, IN - Peer Comparisons by Rank and Percentile

Petersburg, IN - Most Popular Things to Do

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