Petersburg is a small town of 556 in Tennessee, with a median household income of $42,500
and a 4.9% unemployment rate.
Its cost of living index is 87 (US average = 100), which is
13% below the national average.
Strengths:
Petersburg stands out for an affordable cost of living, below-average home prices, solid school ratings (B-).
Trade-offs:
Potential downsides include longer commutes. Whether Petersburg is right for you depends on your priorities — the full breakdown is below.
All 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: 87.2
Petersburg's overall cost of living index is 87.2,
where 100 represents the US national average.
Living in Petersburg costs roughly 13% less than the average American city.
Metric
Petersburg, TN
National Avg
Median Home Value
$127,400
$244,900
Median Monthly Rent
$635
$1,163
Homeownership Rate
68.8%
65.9%
Median Household Income
$42,500
$74,755
Crime & Safety
Safer than Average
Petersburg's violent crime rate is 413.1 per 100,000 residents
— 9% higher than the national average of ~380 per 100,000.
Violent Crime
413.1 /100k
Property Crime
962.9 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Petersburg is served primarily by Lincoln County.
Metric
Petersburg, TN
National Avg
School District
Lincoln County
—
Elementary Schools
5
—
Middle Schools
N/A
—
High Schools
1
—
Student/Teacher Ratio
N/A
16:1
Bachelor's Degree or Higher
6.2%
35.4%
High School Diploma or Higher
83.5%
91.1%
Weather & Climate
Petersburg sees average highs of 49.1°F in January
and 91.0°F in July,
with 55.8 inches of annual precipitation
and 0.9 inches of snow per year.
Petersburg's cost of living index is 87, where 100 is the national average.
That makes Petersburg roughly 13% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $127,400 and median rent is $635/month.
Petersburg's violent crime rate is 413.1 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 962.9 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Petersburg are operated by Lincoln County.
The district has 5 elementary, several middle, and 1 high schools.
6.2% of adults 25+ hold a bachelor's degree or higher.
Petersburg, TN has a population of 556, a median household income of $42,500, and an unemployment rate of 4.9%.
It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Petersburg averages 49.1°F in January and 91.0°F in July. Annual rainfall is 55.8 inches
with about 0.9 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
The population of Petersburg, Tennessee is 556 with a median age of 45.8. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Petersburg: cost of living index 87 (100 = US average), median home $127,400, median household income $42,500, crime index 84 (100 = US average, lower is safer), schools rated B-. Whether these are benefits or drawbacks depends on where you're coming from — compare Petersburg side by side with your current city to see the trade-offs.
