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HomeWest VirginiaGrant CountyPetersburg

Petersburg, West Virginia: commercial real estate data.

Petersburg is a Census city of 2,384 people across 1.62 square miles of land, in Grant County. Median household income is $42,917, 60.0 percent of occupied homes are owned, and the SBA record carries 3 7(a) approvals to borrowers here worth $1.0 m since FY2020.

Underlined figures are computed by MMCG Analytics, not published by the agency.

Petersburg

What Petersburg is

  • Census place typecity
  • Land area1.62 sq mi
  • Water area0 sq mi
  • Population per square mile of land1,475
  • County holding the largest share of its areaGrant County, 100.0 percent

US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Petersburg

How many people live in Petersburg

  • Population2,384
  • Median age44.0 plus or minus 9.1
  • Population under 18529 plus or minus 158
  • Share under 1822.2 percent plus or minus 5.2
  • Population 65 and over636 plus or minus 136
  • Share 65 and over26.7 percent
  • Households1,015
  • Family households541 plus or minus 143
  • Share of households that are families53.3 percent

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Petersburg

Income and work in Petersburg

  • Median household income$42,917 plus or minus $8,833
  • Per capita income$27,416
  • Civilian labor force965 plus or minus 297
  • Employed945 plus or minus 295
  • Unemployed20 plus or minus 23
  • Unemployment rate2.1 percent plus or minus 2.3
  • Adults 25 and over1,683
  • Adults 25 and over with a high school diploma or higher87.8 percent
  • Adults 25 and over with a bachelor degree or higher14.4 percent plus or minus 4.5
  • Adults 25 and over with a graduate degree5.4 percent plus or minus 2.6

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Petersburg

Housing in Petersburg

  • Housing units1,154
  • Occupied units1,015
  • Vacant units139 plus or minus 62
  • Vacancy rate12.0 percent plus or minus 4.9
  • Owner occupied609 plus or minus 131
  • Renter occupied406 plus or minus 127
  • Ownership rate60.0 percent
  • Median owner-occupied home value$124,500 plus or minus $38,549
  • Median gross rent, monthly$646 plus or minus $147
  • Annual rent as a share of median income18.1 percent plus or minus 5.5
  • Single family units754
  • Share single family65.3 percent
  • Units in buildings of two or more245 plus or minus 87
  • Share in buildings of two or more21.2 percent plus or minus 6.6
  • Mobile homes155 plus or minus 71
  • Median year structure built1976

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Petersburg

How Petersburg gets to work

  • Workers 16 and over who commute881 plus or minus 291
  • Commuting under 15 minutes491 plus or minus 171
  • Share commuting under 15 minutes55.7 percent
  • Commuting 30 minutes or more88 plus or minus 45
  • Share commuting 30 minutes or more10.0 percent plus or minus 4.0
  • Drove alone86.3 percent
  • Carpooled5.6 percent plus or minus 5.0
  • Public transport0.0 percent
  • Walked3.5 percent plus or minus 2.4
  • Worked from home4.6 percent plus or minus 4.6

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Petersburg

SBA loans in Petersburg (7(a))

  • Approvals3
  • Gross approval$1,011,000
  • Average approval$337,000
  • Median approval$497,000
  • Largest approval$500,000
  • Jobs supported78
  • Jobs per approval26.0
  • Loans with a final outcome1
  • Paid in full1
  • Charged off0
  • Median term120 months
  • Share on real estate terms of 20 years or more33.3 percent
  • Share to franchises33.3 percent
  • Distinct lenders3
  • Distinct industries by NAICS2

Counted by borrower city: approvals to borrowers whose address is in Petersburg, in any county, FY2020 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.

US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.

Grant County, not Petersburg

Grant County context, not Petersburg figures

  • Establishments in Grant County241
  • Covered employment, Grant County3,619
  • Average annual pay, Grant County$50,941
  • Housing units permitted, Grant County28

Every figure in this section is published for Grant County as a whole and is not a measurement of Petersburg.

All Grant County figures →

US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.

Coverage

What this page does not hold.

Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →

Common questions

Petersburg questions, answered from the record.

How many people live in Petersburg, West Virginia?

2,384, in 1,015 households. Petersburg city covers 1.62 square miles of land, which is 1,475 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

What county is Petersburg in?

Grant County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.

What is the median household income in Petersburg?

$42,917. The median owner-occupied home is valued at $124,500. Median gross rent is $646 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

How much SBA lending goes to Petersburg businesses?

3 7(a) approvals totaling $1.0 m since FY2020, across 3 lenders, median approval $497,000. These count approvals to borrowers whose address is in Petersburg, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.

Do SBA loans to Petersburg borrowers get paid back?

No rate is published for Petersburg. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.

Are the county figures on this page Petersburg figures?

No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Grant County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Petersburg.

Is zoning published for Petersburg?

No. Nothing on this page presents parcel level zoning.