Petersburg Borough, Alaska: commercial real estate data.
Petersburg Borough, Alaska has a population of 3,409 across 3,282 square miles, up 1.0 percent since the 2020 census base. County output reached $216.5 m in 2024, 188 establishments operate here, and the SBA record carries 10 7(a) approvals worth $3.6 m.
114 sourced county values · tier FULL · 10 sections
Petersburg Borough
How many people live in Petersburg Borough
- Population3,409
- Households1,371
- Average household size2.49
- Median household income$75,125
- Median age45.7
- Median gross rent$950 per month
- Median owner-occupied home value$315,100
- Home value to household income4.2 times
- Annual rent as a share of median income15.2 percent
- Adults 25 and over with a bachelor degree or higher25.8 percent
- Adults 25 and over with a graduate degree8.1 percent
- Adults 25 and over2,502
- Population under 18633
- Share under 1818.6 percent
- Population 65 and over802
- Share 65 and over23.5 percent
- Working age population, 18 to 641,974
- Civilian labor force1,778
- Unemployment rate3.8 percent
- Labor force participation, adults 18 and over64.0 percent
- Rank by population among Alaska boroughs21st of 30
- Rank by population among US county-equivalents3007th
Petersburg Borough is the 21st largest of 30 Alaska boroughs by population. A median home costs 4.2 times median household income, which is an affordable ownership market by national standards. Residents 65 and over outnumber those under 18, at 23.5 percent against 18.6 percent, which points demand at health care, services and single storey product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Petersburg Borough
Is Petersburg Borough growing
- Population change since the 2020 census base1.03 percent
- Census 2020 base population3,401
- Births, 202425
- Deaths, 202430
- Natural change, 2024-5
- Net domestic migration, 2024-14
- Net international migration, 202424
- Total net migration, 202410
- Cumulative net domestic migration, 2021 to 2024-46
- Rank by growth among US county-equivalents1477th
The county has grown 1.03 percent since the 2020 census base. Deaths exceeded births in 2024, so all of the growth came from people moving in. A market held up by migration alone is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Petersburg Borough
Where people moving to Petersburg Borough come from
- Tax returns filed by households arriving97
- People arriving, from those returns160
- Adjusted gross income arriving$5.8 m
- Net adjusted gross income movement$0
- Average income of an arriving household$60,093
- Largest single originPetersburg Borough Non-migrants (1,450 households)
- Largest single destination (1,450 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Petersburg Borough Non-migrants | 1,450 | 2,847 | $122.1 m |
| Other flows - Different State | 61 | 95 | $3.2 m |
| Other flows - West | 61 | 95 | $3.2 m |
| Other flows - Same State | 36 | 65 | $2.6 m |
The largest single source of arrivals is Petersburg Borough Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Petersburg Borough
What the Petersburg Borough economy runs on
- County GDP, 2024$216.5 m
- County GDP, 2023$221.0 m
- GDP change, 2023 to 2024-2.0 percent
- GDP change over five years21.6 percent
- Rank by GDP among Alaska boroughs21st
- Rank by GDP among US county-equivalents2875th
- GDP per resident$63,522
Output grew -2.0 percent in the latest year and 21.6 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Petersburg Borough
Who employs people in Petersburg Borough
- Covered employment, annual average1,228
- Establishments reporting170
- Average annual pay$55,599
- Average weekly wage$1,069
- Sector 44-45, employment150
- Sector 44-45, average annual pay$33,630
- Sector 72, employment91
- Sector 72, average annual pay$31,845
- Sector 23, employment48
- Sector 23, average annual pay$74,313
- Sector 81, employment46
- Sector 81, average annual pay$26,432
- Sector 51, employment28
- Sector 52, employment18
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 44-45 | 150 | 24 | $33,630 |
| Sector 72 | 91 | 18 | $31,845 |
| Sector 23 | 48 | 10 | $74,313 |
| Sector 81 | 46 | 13 | $26,432 |
| Sector 51 | 28 | 5 | $24,412 |
| Sector 52 | 18 | 5 | $57,050 |
| Sector 54 | 16 | 10 | $68,495 |
| Sector 56 | 16 | 6 | $28,543 |
The largest sector is the biggest private employer group at 150 jobs, 12.2 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Petersburg Borough
What businesses operate in Petersburg Borough
- Establishments, all industries188
- Employment at those establishments912
- Annual payroll$58.2 m
- Establishments per 1,000 residents55.1
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Petersburg Borough
What is being built in Petersburg Borough
- Housing units authorised by permit, 20244
- Declared construction value permitted$1.6 m
- Single family units authorised4
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$399,063
- Units authorised per 1,000 households2.9
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Petersburg Borough
How much SBA lending happens in Petersburg Borough
- 7(a) approvals recorded10
- 7(a) gross approval dollars$3.6 m
- Average 7(a) approval$361,800
- Median 7(a) approval$250,000
- 10th percentile approval$15,000
- 90th percentile approval$1,650,000
- Largest single approval$1,650,000
- Jobs reported supported, 7(a)38
- Jobs per approval3.8
- Distinct 7(a) lenders active5
- Distinct industries receiving approvals5
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer0.0 percent
- Loans on real estate terms0
- Loans on working capital terms, 120 months or shorter10
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countRecreational and Vacation Camps (except Campgrounds) (3)
- Most active lenderNewtek Bank, National Association (3)
- 504 approvals recorded1
- 504 gross approval dollars$425,000
- Average 504 approval$425,000
- Median 504 approval$425,000
- Distinct CDCs active1
- 504 jobs per approval2.0
- 504 jobs per million dollars approved4.7
- Most active CDCEvergreen Business Capital (1)
- 7(a) share of SBA approvals90.9 percent
- Combined SBA approval dollars$4.0 m
The average approval of $361,800 sits well above the median of $250,000, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. Only 0.0 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Petersburg Borough
Do SBA loans in Petersburg Borough get paid back
- Loans with a final outcome recorded4
- Paid in full4
- Charged off0
- Status: Cancelled1
- Status: Paid in full4
- Status: Exempt from disclosure4
- Status: Committed, not yet disbursed1
Too few loans have reached a final outcome to publish a charge off rate. only 4 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Petersburg Borough
How big is Petersburg Borough
- Land area3,282 sq mi
- Rank by land area among Alaska boroughs23rd of 30
- Width, east to west89 mi
- Height, north to south110.3 mi
- Geographies sharing a boundary2
- Residents per square mile of land1
- Establishments per square mile0.06
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Computed from shared land boundary. Geographies separated by water are not counted, so this understates the true neighbour set in this state.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Petersburg Borough site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Petersburg Borough site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population3,409
- Households1,371
- Average household size2.49
- Median household income$75,125
- Median age45.7
Common questions
Petersburg Borough questions, answered from the record.
How many people live in Petersburg Borough, Alaska?
3,409, in 1,371 households, ranking 21st of 30 Alaska counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Petersburg Borough growing?
The population has grown 1.03 percent since the 2020 census base. In 2024 there were 25 births against 30 deaths, with net migration of 10. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Petersburg Borough?
$75,125. The median owner-occupied home is valued at $315,100, which is 4.2 times income, and median gross rent is $950 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Petersburg Borough?
188 establishments, employing 912 people with an annual payroll of $58.2 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Petersburg Borough?
Average annual pay is $55,599, or $1,069 a week, across 1,228 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Petersburg Borough?
10 7(a) approvals totalling $3.6 m since FY2020, across 5 lenders, with a median approval of $250,000, plus 1 504 approvals worth $425,000. These are approvals recorded in the release, not loans disbursed.
What is being built in Petersburg Borough?
4 housing units were authorised by permit in 2024, with a declared construction value of $1.6 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
Where do people moving to Petersburg Borough come from?
The largest single origin is Petersburg Borough Non-migrants, with 1,450 households. Arriving households report an average income of $60,093 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Petersburg Borough on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Petersburg Borough?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.