Petersburg, MN is a small town located in the southeastern corner of Minnesota. It is known for its rural atmosphere and friendly community. The median two bedroom rent price is $890 which is much lower than the national average of $1,430. Grocery costs in Petersburg are also fairly low with an index of 95 compared to 100 in the US.
Petersburg offers plenty of local businesses to explore including Peters County Store, Joe’s Cafe, and The Family Bakery. There are also several nearby farms where visitors can pick up fresh produce or purchase handmade crafts. With its easy access to outdoor activities like fishing and hiking, Petersburg provides an affordable and peaceful place to live and visit.
Petersburg has an unemployment rate of 4.3%. The US average is 6.0%.
Petersburg has seen the job market decrease by -1.8% over the last year. Future job growth over the next ten years is predicted to be 6.7%, which is lower than the US average of 33.5%.
Tax Rates for Petersburg
- The Sales Tax Rate for Petersburg is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Petersburg is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Petersburg
- The average income of a Petersburg resident is $28,835 a year. The US average is $28,555 a year.
- The Median household income of a Petersburg resident is $70,625 a year. The US average is $69,021 a year.