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HomeVirginiaPetersburg city

Petersburg city, Virginia: commercial real estate data.

Petersburg city, Virginia has a population of 33,537 across 23 square miles, up 1.8 percent since the 2020 census base. 707 establishments operate here.

71 sourced county values · tier FULL · 7 sections

Petersburg city

How many people live in Petersburg city

  • Population33,537
  • Households15,138
  • Average household size2.22
  • Median household income$50,698
  • Median age35.8
  • Median gross rent$1,174 per month
  • Median owner-occupied home value$189,000
  • Home value to household income3.7 times
  • Annual rent as a share of median income27.8 percent
  • Adults 25 and over with a bachelor degree or higher25.4 percent
  • Adults 25 and over with a graduate degree10.2 percent
  • Adults 25 and over22,713
  • Population under 188,002
  • Share under 1823.9 percent
  • Population 65 and over5,634
  • Share 65 and over16.8 percent
  • Working age population, 18 to 6419,901
  • Civilian labor force16,075
  • Unemployment rate10.0 percent
  • Labor force participation, adults 18 and over63.0 percent
  • Rank by population among Virginia independent cities53rd of 133
  • Rank by population among US county-equivalents1384th

Petersburg city is the 53rd largest of 133 Virginia independent cities by population. A median home costs 3.7 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 23.9 percent against 16.8 percent, a household formation profile rather than a retirement one.

US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.

Petersburg city

Is Petersburg city growing

  • Population change since the 2020 census base1.77 percent
  • Census 2020 base population33,465
  • Births, 2024703
  • Deaths, 2024643
  • Natural change, 202460
  • Net domestic migration, 2024583
  • Net international migration, 202492
  • Total net migration, 2024675
  • Cumulative net domestic migration, 2021 to 2024137
  • Rank by growth among US county-equivalents1254th

The county has grown 1.77 percent since the 2020 census base. Migration contributed more to 2024 change than births over deaths, so demand here follows people arriving rather than families forming.

US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.

Petersburg city

Where people moving to Petersburg city come from

  • Tax returns filed by households arriving1,736
  • People arriving, from those returns2,962
  • Adjusted gross income arriving$63.7 m
  • Net adjusted gross income movement$0
  • Average income of an arriving household$36,677
  • Largest single originPetersburg city Non-migrants (10,737 households)
  • Largest single destination (10,737 households)
Largest origins of households moving into Petersburg city
OriginHouseholdsPeopleAdjusted gross income
Petersburg city Non-migrants10,73718,867$423.2 m
Other flows - Different State462757$18.1 m
Chesterfield County305525$12.8 m
Other flows - South274461$10.1 m
Other flows - Same State267436$9.1 m
Richmond city140241$4.7 m
Prince George County134249$5.1 m
Hopewell city119223$2.9 m

The largest single source of arrivals is Petersburg city 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 city

Who employs people in Petersburg city

  • Covered employment, annual average11,753
  • Establishments reporting996
  • Average annual pay$53,542
  • Average weekly wage$1,030
  • Sector 62, employment3,794
  • Sector 62, average annual pay$58,406
  • Sector 44-45, employment1,237
  • Sector 44-45, average annual pay$33,005
  • Sector 31-33, employment944
  • Sector 31-33, average annual pay$79,666
  • Sector 56, employment720
  • Sector 56, average annual pay$38,241
  • Sector 81, employment575
  • Sector 42, employment293
Private sector employment and pay, Petersburg city
SectorEmploymentEstablishmentsAverage annual pay
Sector 623,794361$58,406
Sector 44-451,237134$33,005
Sector 31-3394426$79,666
Sector 5672044$38,241
Sector 8157580$41,514
Sector 4229326$73,491
Sector 5314633$59,169
Sector 5212224$68,055

The largest sector is the biggest private employer group at 3,794 jobs, 32.3 percent of covered employment. Average pay per job exceeds median household income, which usually means single earner households and a wage base that can carry rent.

US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.

Petersburg city

What businesses operate in Petersburg city

  • Establishments, all industries707
  • Employment at those establishments11,824
  • Annual payroll$643.7 m
  • Establishments per 1,000 residents21.1

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 city

What is being built in Petersburg city

  • Housing units authorised by permit, 2024135
  • Declared construction value permitted$30.8 m
  • Single family units authorised51
  • Multifamily units authorised84
  • Multifamily share of units62.2 percent
  • Average declared value per unit$227,967
  • Units authorised per 1,000 households8.9

Multifamily is 62.2 percent of units authorised, so the pipeline is being built for renters rather than buyers.

US Census Bureau, Building Permits Survey, 2024 annual.

Petersburg city

How big is Petersburg city

  • Land area23 sq mi
  • Rank by land area among Virginia independent cities107th of 133
  • Width, east to west3.9 mi
  • Height, north to south5.1 mi
  • Geographies sharing a boundary4
  • Residents per square mile of land1,458
  • Establishments per square mile30.74

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.

  • No 7(a) approvals recorded in this county in the FOIA release covering FY2020 onward.
  • No 504 approvals recorded in this county in the FOIA release covering FY2010 onward.
  • 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 city 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 city site starts with the figures you are reading, carrying the same source and period into the credit file.

  • Population33,537
  • Households15,138
  • Average household size2.22
  • Median household income$50,698
  • Median age35.8

How a feasibility study works →

Common questions

Petersburg city questions, answered from the record.

How many people live in Petersburg city, Virginia?

33,537, in 15,138 households, ranking 53rd of 133 Virginia counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.

Is Petersburg city growing?

The population has grown 1.77 percent since the 2020 census base. In 2024 there were 703 births against 643 deaths, with net migration of 675. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.

What is the median household income in Petersburg city?

$50,698. The median owner-occupied home is valued at $189,000, which is 3.7 times income, and median gross rent is $1,174 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.

How many businesses are there in Petersburg city?

707 establishments, employing 11,824 people with an annual payroll of $643.7 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 city?

Average annual pay is $53,542, or $1,030 a week, across 11,753 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.

What is being built in Petersburg city?

135 housing units were authorised by permit in 2024, with a declared construction value of $30.8 m. Multifamily was 62.2 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.

What is the radon zone for Petersburg city?

Zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.

Where do people moving to Petersburg city come from?

The largest single origin is Petersburg city Non-migrants, with 10,737 households. Arriving households report an average income of $36,677 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 city 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 city?

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.

Nearby

Sharing a boundary with Petersburg.

All Virginia county pages →

How this page was built →