Income & Economy in Petersburg, WV

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$48,286

-34% vs national

Per Capita Income

$27,282

-27% vs national

Poverty Rate

16.3%

+20% vs national

Gini Index

0.4230

0 = perfect equality

Unemployment

5.9%

+13% vs national

SNAP Recipients

22.0%

of households

How Petersburg Compares

Source: Census ACS (2023)

Petersburg vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Petersburg is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Petersburg. The median household income here is $48,286.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
27.1%
$25-50K
25.0%
$50-75K
16.3%
$75-100K
15.1%
$100-150K
11.3%
$150-200K
4.4%
$200K+
0.8%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

5.9%

-20% vs WV avg

Labor Force

1,468

Employed

1,382

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

15.9%

of adults 25+

High School Diploma+

47.4%

of adults 25+

Median Age

39.8

Work from Home

2.2%

of workers

The median household income in Petersburg, WV is $48,286, which is 34.1% below the national average of $73,224. Per capita income is $27,282. The poverty rate of 16.3% is lower than the WV state average of 19.5%. The Gini index of income inequality is 0.4230, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 5.9%, compared to the state average of 7.3%. 15.9% of adults hold a bachelor's degree or higher.