Petersburg, ND Economy


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United States / North Dakota / No Metro Area / Nelson County / Petersburg / Zip Codes
Petersburg, ND is an ideal community for those seeking a more laidback lifestyle with plenty of outdoor activities. Located in the southeast corner of North Dakota, Petersburg is home to an abundance of local businesses such as Petersburg Supermarket, Heartland Veterinary Services, and Eckroth Music to name a few. The cost of living in Petersburg is relatively low when compared to the rest of the United States with 2 bedroom rent averaging $840 per month and a grocery cost index average 93 versus 100 in the US. With its friendly atmosphere and competitive cost of living, it's no wonder why Petersburg is such an inviting place to live.

Petersburg has an unemployment rate of 5.5%. The US average is 6.0%.

Petersburg has seen the job market decrease by -5.4% over the last year. Future job growth over the next ten years is predicted to be 13.4%, which is lower than the US average of 33.5%.

Tax Rates for Petersburg
- The Sales Tax Rate for Petersburg is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Petersburg is 2.0%. 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 $19,544 a year. The US average is $28,555 a year.
- The Median household income of a Petersburg resident is $43,542 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPetersburg, North DakotaUnited States
  5.56
  -0.9%-6.2%
  13.4%33.5%
  5.0%6.2%
  2.0%4.6%
  $32,835$37,638
  $43,542$69,021
  $88,125$85,028
  Population by Occupation
  8.0%1.2%
  2.0%0.5%
  18.0%6.8%
  4.0%10.0%
  4.0%2.5%
  8.0%11.0%
  2.0%4.8%
  4.0%0.8%
  4.0%1.9%
  8.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  12.0%9.3%
  8.0%14.0%
  0.0%2.1%
  4.0%7.0%
  2.0%4.8%
  12.0%4.7%
Reviews for Petersburg
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Over 15 years ago

Petersburg, ND is a very small town, but what it lacks in population it makes up for in friendly neighbors, and wide open spaces. Petersburg has a nice bar and church.   More

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