Petersburg, MI is a small yet vibrant city located in Michigan and is home to many quality companies. Popular businesses in Petersburg include Blaze Pizza, Dairy Queen, and Taco Bell. The city also offers plenty of attractions for visitors to explore such as the Petroskey Historic District or the Escanaba River State Forest. Petersburg also has a range of parks and nature trails that make it an ideal destination for outdoor activities. Visitors can find affordable housing options in Petersburg as the two bedroom rent averages at $1,060 per month compared to the US average of $1,430 per month. Furthermore, groceries are more affordable than the national average with the Grocery Cost Index here being 95 compared to 100 in the US. This makes Petersburg an attractive place to live and visit.
Petersburg has an unemployment rate of 5.6%. The US average is 6.0%.
Petersburg has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 25.6%, which is lower than the US average of 33.5%.
Tax Rates for Petersburg
- The Sales Tax Rate for Petersburg is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Petersburg is 4.3%. 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 $24,838 a year. The US average is $28,555 a year.
- The Median household income of a Petersburg resident is $61,938 a year. The US average is $69,021 a year.