Petersburg, Michigan

Population

Down 1.3% since 2020.

1,152

people, the 338th-largest of Michigan's cities and towns.

Census Population Estimates, 2025. Rank among Michigan's cities and towns computed by the Almanac. Sources: Census Population Estimates

The workday

9 in 10 jobs here go to people who live somewhere else.

92.3%

of 117 jobs located in Petersburg are filled by in-commuters.

Census LEHD LODES, 2021. Sources: Census LEHD LODES

Rent

Median rent is up 35% since the 2005–2009 survey, before inflation.

$1,012

a month. Michigan's median is $1,129.

Census ACS 5-year, 2020-2024 (latest), with earlier 5-year windows. Survey estimates for a place this size carry wide margins of error. Sources: Census ACS 5-year

The seam

Cross one tract line and median rent doubles.

A $805 gap between neighbors, the sharpest rent edge between adjacent tracts in Monroe County.

• $438 Tract 8337
• $1,243 Tract 8326

Census ACS 5-year, 2020-2024, adjacent tracts compared by the Almanac. Tract estimates carry wide margins of error. Sources: Census ACS 5-year

Room to build

The median rent sits inside what local wages can carry.

$858–$1,287

is the monthly rent range local workforce wages support.

• $1,012 median

Supportable rent computed by the Almanac from 2021 source wage data. Median rent: Census ACS 5-year, 2020-2024. Sources: Computed by the Almanac, Census ACS 5-year

Building

Most of the housing here is older than 2000.

• 10 homes permitted, 2022–2025
• 0% of those were in multifamily buildings
• 94% of all homes were built before 2000

Census Building Permits Survey, 2022–2025; Census ACS 5-year, 2020-2024. Survey estimates for a place this size carry wide margins of error. Sources: Census Building Permits Survey, Census ACS 5-year

Units needed

Closing the gap would add 0.2% to the 453 homes here.

1

is the estimated number of missing housing units; all three estimates agree.

Range computed by the Almanac from 2021 jobs and household data, using three demand models: 1% of jobs located here, 1% of renter households, and a rate by town size applied to renters. The low end is the lowest of the three and the high end the highest. It is an estimate, not a count. Sources: Computed by the Almanac

Home value

A median home costs 7% less than Michigan's.

$215,500

median home value in Petersburg.

• $215,500 Petersburg
• $231,600 Michigan
• $332,700 U.S.

Census ACS 5-year, 2020-2024. Survey estimates for a place this size carry wide margins of error. Sources: Census ACS 5-year