2025 Compare Cities Economy:
Petersburg, VA vs Wake Forest, NC

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Highlights
- Household income in Wake Forest, is 132% more than it is in Petersburg and is 34% above the National Average.
- Petersburg unemployment rate is 12.9%.
- Wake Forest unemployment rate is 3.6%.
 Petersburg, VAWake Forest, NCUnited States
 Unemployment Rate  Unlock3.6%6.0%
 Recent Job Growth  Unlock3.0%1.6%
 Future Job Growth26.9%  Unlock33.5%
 Sales Taxes5.3%  Unlock6.2%
 Income Taxes  Unlock5.3%4.6%
 Income per Cap.$26,091  Unlock$37,638
 Household Income  Unlock$104,006$69,021
 Family Median Income$54,356  Unlock$85,028
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 Est. Households By Income
 Petersburg, VAWake Forest, NCUnited States
 Income Less Than 15K  Unlock2.8%9.4%
 Income between 15K and 20K6.5%  Unlock3.8%
 Income between 20K and 30K  Unlock3.4%8.1%
 Income between 30K and 40K10.4%  Unlock8.0%
 Income between 40K and 50K  Unlock8.8%7.6%
 Income between 50K and 60K10.6%  Unlock7.2%
 Income between 60K and 75K  Unlock6.7%9.6%
 Income between 75K and 100K11.3%  Unlock12.8%
 Income between 100K and 150K  Unlock23.0%16.3%
 Income between 150K and 200K2.3%  Unlock7.8%
 Income greater than 200K  Unlock13.2%9.5%
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 Population By Occupation
 Petersburg, VAWake Forest, NCUnited States
 Management, business, finance10.5%  Unlock16.4%
 Engineering, computers, science  Unlock11.1%6.5%
 Community, social services3.7%  Unlock1.8%
 Legal  Unlock1.3%1.2%
 Education, library4.6%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.8%2.0%
 Healthcare practitioners and technology5.1%  Unlock6.2%
 Healthcare support  Unlock1.4%3.3%
 Firefighters, law enforcement2.8%  Unlock2.1%
 Food preparation, serving  Unlock3.0%5.4%
 Building maintenance4.5%  Unlock3.6%
 Personal care  Unlock2.4%2.6%
 Sales, office, administrative support21.2%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.4%0.6%
 Construction, extraction, maintenance/repair5.4%  Unlock8.1%
 Production, transportation, material moving  Unlock6.4%13.1%
Reviews for Petersburg    3 Reviews

Petersburg's crime statistics do not accurately reflect the true picture of our city. Unfortunately, cime is crime, but the lack of the most serious random acts of crime  More

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Though there are people who rent in petersburg who work in nearby richmond, the rental market is not yet prohibitive in richmond. The real value is for those who want  More

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Over 19 years ago

Climate is hot and humid in summer but spring and fall are generally quite nice. Winters are not bad either, it snows occasionally but there is still a lot of sunshine  More

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Reviews for Wake Forest    5 Reviews

Im a 22 year old male from Denver Colorado.im looking to relocate and transfer for work . Colorado has high taxes and high cost of living and also to much snow during  More

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Relocating from New York City three years ago took some adjustment and once settled in Wake Forest I was able to breath a little bit easier. The pace is something you  More

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The Triangle is a great place to work and live, more reasonable than the North but more expensive than most places in the South. We live in a beautiful  More

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