Housing data for Petersburg, WV

Petersburg, WV has an estimated 2,384 residents and 1,154 homes (US Census Bureau, 2020–2024 American Community Survey).

It is a city in Grant County.

40.0% of households rent.

The median gross rent is $646 a month.

Figures last updated on .

Residents
2,384 (±444)
Housing units
1,154 (±202)
Households that rent
40.0%
Median gross rent
$646
Residents since 2015–2019
−7.4%

What stands out in Petersburg

Households that rent: 40.0% (±8.3 points) in Petersburg, higher than in Grant County (18.9%).

Households without a vehicle: 19.0% (±7.0 points) in Petersburg, higher than in Grant County (8.9%).

Homes in buildings of 5 or more units: 11.0% (±5.6 points) in Petersburg, higher than in Grant County (3.8%).

Median household income: $42,917 (±$8,833) in Petersburg, lower than in Grant County ($62,361).

Housing in Petersburg at a glance

Petersburg against Grant County, its state and the nation

Estimate (90% margin of error)
PetersburgGrant CountyWest VirginiaUnited States
Residents2,384 (±444)10,983 (exact)1,778,373 (exact)334,922,499
Housing units1,154 (±202)5,670 (±22)861,325 (±394)143,775,355
Households that rent40.0% (±8.3 points)18.9% (±3.9 points)25.1% (±0.3 points)34.8%
Median gross rent$646 (±$147)$644 (±$48)$872 (±$8)$1,413
Median household income$42,917 (±$8,833)$62,361 (±$11,997)$59,608 (±$691)$80,734
Median home value$124,500 (±$38,549)$175,100 (±$14,733)$162,600 (±$1,346)$332,700
Median real estate taxes (a year)$659 (±$146)$540 (±$36)$865 (±$9)$3,119
Built before 198054.3% (±10.8 points)50.3% (±6.2 points)55.9% (±0.6 points)49.7%
Average commute14.6 minutes (±2.7)25.1 minutes (±2.4)26.6 minutes (±0.3)26.4 minutes
Households with broadband85.7% (±5.1 points)83.7% (±3.8 points)86.1% (±0.3 points)91.0%
Median age of residents44.0 years (±9.1)46.4 years (±0.7)42.7 years (±0.2)38.9 years

Petersburg covers 1.6 square miles of land, about 1,475 residents per square mile (Census Bureau Gazetteer).

How Petersburg has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents2,574 (±18)2,384 (±444)−7.4%Not a measurable change
Housing units1,423 (±158)1,154 (±202)−18.9%Measurable decrease
Median gross rent$594 (±$53)$646 (±$147)+8.8%No measurable change after inflation
Median home value$127,500 (±$15,412)$124,500 (±$38,549)−2.4%No measurable change after inflation
Median household income$36,184 (±$10,957)$42,917 (±$8,833)+18.6%No measurable change after inflation
Median owner cost with a mortgage$970 (±$159)$982 (±$212)+1.2%No measurable change after inflation
Median real estate taxes$541 (±$61)$659 (±$146)+21.8%No measurable change after inflation
Households that rent35.3% (±7.0 points)40.0% (±8.3 points)+4.7 percentage pointsNot a measurable change
Rental vacancy rate15.4% (±8.6 points)0.0% (±8.8 points)−15.4 percentage pointsMeasurable decrease

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Places near Petersburg

Nearest places with Census figures, by straight-line distance
PlaceDistanceMedian gross rentMedian home valueHouseholds that rent
Moorefield10 mi$823$125,00036.3%
Davis20 mi$550$177,10019.6%
Harman22 mi$683$150,00040.7%
Thomas22 mi$792$157,40042.0%
Bayard23 mi$690$73,20013.6%
Basye23 mi$1,033$297,30012.7%
Franklin27 mi$735$219,20033.1%
Elk Garden27 mi—$91,00015.5%

Places in West Virginia most like Petersburg

PlaceMedian gross rentMedian home valueMedian household incomeHouseholds that rent
Moorefield$823$125,000$49,06336.3%
Union$615$154,200$35,00033.2%
Triadelphia$714$93,600$48,28145.5%
Thomas$792$157,400$56,04242.0%
Marlinton$722$93,900$37,27340.0%
Craigsville$611$83,500$39,94327.9%

Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across West Virginia.

HUD Fair Market Rent for Petersburg, fiscal year 2027

Grant County, WV, dollars a month
Studio1 bedroom2 bedrooms3 bedrooms4 bedrooms
$708$722$944$1,204$1,278

HUD income limits for Petersburg, fiscal year 2026

Grant County, WV, annual household income
Household sizeExtremely low (30%)Very low (50%)Low (80%)
1 person$17,800$29,650$47,400
2 people$21,640$33,850$54,200
3 people$27,320$38,100$60,950
4 people$33,000$42,300$67,700
5 people$38,680$45,700$73,150
6 people$44,360$49,100$78,550
7 people$50,040$52,500$83,950
8 people$55,720$55,850$89,400

These are the limits HUD sets for its housing programs in the Grant County, WV, where HUD’s median family income for fiscal year 2026 is $84,600.

A program can use its own limits; tax-credit and local programs often do.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Petersburg

What is the average rent in Petersburg, WV?

The Census Bureau publishes the median rather than the average: the median gross rent in Petersburg is $646 (±$147) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much is a one-bedroom apartment in Petersburg?

The median gross rent for a one-bedroom home in Petersburg, WV is $455 (±$59) a month (2020–2024 American Community Survey).

Are renters in Petersburg rent-burdened?

53.7% of renting households in Petersburg pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

How many renters are there in Petersburg?

Petersburg has an estimated 406 (±127) renting households, 40.0% of its occupied homes (2020–2024 American Community Survey).

What is the median household income in Petersburg?

The median household income in Petersburg is $42,917 (±$8,833) a year (2020–2024 American Community Survey).

What is the average home value in Petersburg, WV?

The Census Bureau publishes the median: $124,500 (±$38,549) for owner-occupied homes in Petersburg (2020–2024 American Community Survey).

Is Petersburg growing?

In Petersburg, the number of residents went from 2,574 in 2015–2019 to 2,384 in 2020–2024 (−7.4%), not a measurable change.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Petersburg city, West Virginia (place:62956, in state:54).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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