Petersburg, KY

Census Place

2024 Population

771

US Senator

Mitch McConnell

Republican Party

US Senator

Rand Paul

Republican Party

2024 Median Age

33.4

28.5% 1-year increase

2024 Poverty Rate

3.65%

NaNy% 1-year increase

2024 Median Household Income

$101,389

18% 1-year decline

2024 Median Property Value

$226,700

3.37% 1-year growth

Economy

The economy of Petersburg, KY employs 406 people. In 2024, the largest industries in Petersburg, KY were Educational Services (108 people), Administrative & Support & Waste Management Services (57 people), and Transportation & Warehousing (47 people), and the highest paying industries were Educational Services, & Health Care & Social Assistance ($50,149), Educational Services ($49,464), and Accommodation & Food Services ($26,071).

Employment

Occupations

406

2024 Value

± 167

33.6%

1 Year growth

± 46.4%

From 2023 to 2024, employment in Petersburg, KY grew at a rate of 33.6%, from 304 employees to 406 employees.

The most common job groups, by number of people living in Petersburg, KY, are Education Instruction, & Library Occupations (99 people), Office & Administrative Support Occupations (94 people), and Fire Fighting & Prevention, & Other Protective Service Workers Including Supervisors (57 people). This chart illustrates the share breakdown of the primary jobs held by residents of Petersburg, KY.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Kentucky.

This chart shows weekly unemployment insurance claims in Kentucky (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

406

2024 Value

± 167

33.6%

1 Year growth

± 46.4%

From 2023 to 2024, employment in Petersburg, KY grew at a rate of 33.6%, from 304 employees to 406 employees.

The most common employment sectors for those who live in Petersburg, KY, are Educational Services (108 people), Administrative & Support & Waste Management Services (57 people), and Transportation & Warehousing (47 people). This chart shows the share breakdown of the primary industries for residents of Petersburg, KY, though some of these residents may live in Petersburg, KY and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$50,479

Median earning men ± $29,146

$41,699

Median earning women ± $14,626

The industries with the best median earnings for men in 2024 are Arts, Entertainment, & Recreation, & Accommodations & Food Services ($50,208).

The industries with the best median earnings for women in 2024 are Educational Services, & Health Care & Social Assistance ($17,238).

Housing & Living

The median property value in Petersburg, KY was $226,700 in 2024, which is 0.681 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $219,300 to $226,700, a 3.37% increase. The homeownership rate in Petersburg, KY is 96.3%, which is higher than the national average of 65.2%.

People in Petersburg, KY have an average commute time of 31.6 minutes, and they drove alone to work. Car ownership in Petersburg, KY is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$226,700

Median Property Value 2024

±$21,706

$181

Median Property Taxes

±$100

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Petersburg, KY the largest share of households pay taxes in the $800 - $1,499 range.

The chart underneath the paragraph shows the property taxes in Petersburg, KY compared to it's parent and neighbor geographies.

Rent vs Own

96.3%

Homeownership

2024

48.6%

Homeowners with Mortgage

2024

In 2024, 96.3% of the housing units in Petersburg, KY were occupied by their owner. This percentage declined from the previous year's rate of 100%.

This chart shows the percentage of owner in Petersburg, KY compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$101,389

Median Household Income

± $39,599

188

Number of Households

± 102

In 2024, the median household income of the 188 households in Petersburg, KY declined from $101,389 from the previous year's value of $123,669.

The following chart displays the households in Petersburg, KY distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $75k - $100k range.

Wage Distribution

The closest comparable wage GINI for Petersburg, KY is from Kentucky.

0.446

2024 Wage GINI in Kentucky

0.449

2023 Wage GINI in Kentucky

In 2024, the income inequality in Kentucky was 0.446 according to the GINI calculation of the wage distribution. Income inequality had a 0.585% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Kentucky was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Kentucky in comparison to the national average.

This chart shows the number of workers in Kentucky across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (94.5%)
Carpooled (5.51%)

In 2024, 94.5% of workers in Petersburg, KY drove alone to work, followed by those who carpooled to work (5.51%) and those who used public transit to get to work (0%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

31.6 minutes

Average Travel Time

Using averages, employees in Petersburg, KY have a longer commute time (31.6 minutes) than the normal US worker (26.4 minutes). Additionally, 0% of the workforce in Petersburg, KY have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Petersburg, KY compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Petersburg, KY distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Petersburg, KY have 2 cars.

Poverty

Poverty & Diversity

3.65% of the population for whom poverty status is determined in Petersburg, KY (26 out of 712 people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Females 15, followed by Females 75+ and then Females 65 - 74.

The most common racial or ethnic group living below the poverty line in Petersburg, KY is White, followed by Black and Native American.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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