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The total population of Petersburg is estimated to be 556 with 280 males (50.36%) and 276 females (49.64%). There are 4 less females than males in Petersburg.
The median household income in Petersburg was $54,335 in 2021, which marked an an increase of 4,543(9.12%) from $49,792 in 2020. This income is 72.83% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Petersburg sees its highest median household income among householders in the age group of 25 to 44 years old, at $79,447. Overall, the median household income for the town of Petersburg stands at $54,335.
In Petersburg, the median income for all workers aged 15 years and older, regardless of work hours, was $29,274 for males and $19,892 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $37,104 for males and $38,372 for females.
In Petersburg, there are just two different racial groups among households. Among these, White households report a median household income of $54,721, while Black or African American households have a median household income of $2,701.
In 2022, the population of Petersburg was 542, a 2.07% increase year-by-year from 2021. Previously, in 2021, Petersburg's population was 531, an increase of 1.14% compared to a population of 525 in 2020.
The median age in Petersburg, TN is 43.7, as per 2021 ACS 5-Year Estimates. Of the total population, 13.69% were under the age of 15, 21.08% aged 15 to 29, 47.57% aged 30 to 64, 17.30% aged 65 to 84, and 0.36% were 85 years of age and older.
Racial distribution of Petersburg population: 92.97% are White, 2.70% are Black or African American, 1.08% are Asian and 3.24% are multiracial.