Petersburg, WV is an affordable small town located in Grant County. It has a population of 2,241 as of the 2019 census. The cost of living is quite reasonable with two bedroom rent at $760 compared to the national average of $1430. Cost of groceries is also on par with the US index at 100. For entertainment and leisure, there are several local businesses such as O’Connor Insurance Agency, Lovells Home Furnishings & Flooring, Sam’s Pre-Owned Cars and Trucks Inc., and E&L Motorsports. Petersburg is a great place to live for those looking for a rural lifestyle without breaking the bank.
Petersburg has an unemployment rate of 5.2%. The US average is 6.0%.
Petersburg has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 30.3%, 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 6.5%. 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 $25,063 a year. The US average is $37,638 a year.
- The Median household income of a Petersburg resident is $42,803 a year. The US average is $69,021 a year.