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Petersburg

Learn about the people, housing, costs and businesses in Petersburg, Alaska

Median Home$315,100
Median Rent$950/month
Population3,053
Leading IndustriesConstruction · Agriculture & Mining · Manufacturing15% construction
Retirees24% of residentsslightly above average
Homeowners66% of occupied units
Petersburg
AK

Frequently Asked Questions

What are today's mortgage rates in Petersburg?

As of today, the 30-year fixed mortgage rate for Petersburg is approximately 6.888% (6.924% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Petersburg?

The median home value in Petersburg is $315k. The median monthly rent is $950. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Petersburg?

Based on a typical all-in ownership cost of $972/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $42k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Petersburg is $75k/year.

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What industries drive the economy in Petersburg?

The largest employment sectors in Petersburg are public administration (23%) and agriculture and mining (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.