Petersburg, TX is a growing city with plenty of opportunities and activities for its residents. It has a relatively affordable cost of living, with 2 Bedroom Rent being $880 compared to the US average of $1,430. The Grocery Cost Index in Petersburg is 88 versus 100 in the US. \nThe city offers numerous local businesses ranging from small privately owned stores to big chain stores. Some notable companies include Walmart, McDonalds, Papa John’s Pizza, Sonic Drive-In and Burger King. There are also numerous smaller locally owned businesses such as Pete’s Barbecue and Grill, The Old Town Bakery and Cafe, and The Gourmet Pantry.
Petersburg has an unemployment rate of 7.4%. The US average is 6.0%.
Petersburg has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 21.9%, which is lower than the US average of 33.5%.
Tax Rates for Petersburg
- The Sales Tax Rate for Petersburg is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Petersburg is 0.0%. 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 $16,798 a year. The US average is $28,555 a year.
- The Median household income of a Petersburg resident is $34,167 a year. The US average is $69,021 a year.