Is Lake Petersburg, IL a Good Place to Live?
Lake Petersburg is a small town of 763 in Illinois, with a median household income of $113,897 and a 2.3% unemployment rate. Its cost of living index is 90 (US average = 100), which is 10% below the national average.
Strengths: Lake Petersburg stands out for an affordable cost of living, solid school ratings (A), a well-educated population.
Trade-offs: Potential downsides include longer commutes. Whether Lake Petersburg is right for you depends on your priorities — the full breakdown is below.
All Lake Petersburg city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 90.5Lake Petersburg's overall cost of living index is 90.5, where 100 represents the US national average. Living in Lake Petersburg costs roughly 10% less than the average American city.
| Metric | Lake Petersburg, IL | National Avg |
|---|---|---|
| Median Home Value | $315,600 | $244,900 |
| Median Monthly Rent | N/A | $1,163 |
| Homeownership Rate | 98.1% | 65.9% |
| Median Household Income | $113,897 | $74,755 |
Crime & Safety
Crime data for Lake Petersburg is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.
Schools & Education
Lake Petersburg is served primarily by Porta CUSD 202. The student-to-teacher ratio is 12.6:1 (better than the national average of ~16:1).
| Metric | Lake Petersburg, IL | National Avg |
|---|---|---|
| School District | Porta CUSD 202 | — |
| Elementary Schools | 2 | — |
| Middle Schools | N/A | — |
| High Schools | 1 | — |
| Student/Teacher Ratio | 12.6:1 | 16:1 |
| Bachelor's Degree or Higher | 39.2% | 35.4% |
| High School Diploma or Higher | 98.6% | 91.1% |
Weather & Climate
Lake Petersburg sees average highs of 34.4°F in January and 85.5°F in July, with 36.5 inches of annual precipitation and 18.4 inches of snow per year.
| Metric | Lake Petersburg, IL |
|---|---|
| Average High — January | 34.4°F |
| Average High — July | 85.5°F |
| Annual Precipitation | 36.5" |
| Annual Snowfall | 18.4" |
Demographics
| Metric | Lake Petersburg, IL | National Avg |
|---|---|---|
| Population | 763 | — |
| Median Age | 59.5 | 38.9 |
| Unemployment Rate | 2.3% | 3.7% |
| Avg Commute Time | 34.5 min | 26 min |
| White (non-Hispanic) | 93.6% | 59.3% |
| Black or African American | 0.0% | 13.6% |
| Hispanic or Latino | 0.0% | 18.9% |
| Asian | 2.2% | 6.3% |
| Under 18 | 13.4% | 22.2% |
| 65 and over | 36.7% | 16.8% |
Nearby Cities
ZIP Codes in Lake Petersburg
Lake Petersburg, IL is covered by 1 ZIP code: