Petersburg 79 Exceptional
Petersburg Livability #5 ranked city in Alaska#1,676 ranked city in the USARanks better than 94% of areas

Pros and Cons of Living in Petersburg

PROS
  • Amenities

    A wealth of amenities, such as restaurants, coffee shops, grocery stores, parks and fitness facilities, are all conveniently located within walking distance.

  • Crime

    Crime per 100,000 people is significantly lower than the national average, making it a safe place to live. These crime statistics include both violent and property crimes.

  • Employment

    Higher than average median household income, income per capita and lower unemployment rates are seen in this area. The result is a high score in the employment category.

  • Housing

    High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.

  • Health & Safety

    Good air quality as well as nearby health facilities like hospitals, clinics, nursing homes, fire and police stations all contribute to a higher than average health and safety score.

CONS
  • Commute

    A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.

  • Cost Of Living

    Living in this region comes with a high cost of living, translating to elevated costs for homes, goods and services, groceries, utilities, health care and transportation.

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What's it like Living in Petersburg?

Located in the state of Alaska, Petersburg is a small city with a population of 3,170 people. Petersburg has a population density of 72 people per square mile. This would be considered about average when compared to the national population density level. If we look at the most recent Census, Petersburg is known to have a predominantly White population. The next two most common races are Asian and American Indian and Alaskan. With an average age of 49 years, Petersburg residents appear to be older compared to the national average. For seniors and retirees, this city presents itself as a compelling choice. If you are not a fan of long commutes, you will enjoy living in Petersburg. With an average one way commute time of only 9 minutes, getting to and from work is a breeze compared to the national average of 26 minutes.

If you’re considering moving to any new city, it could be a very intimidating task. However, it could also be a great experience if you are willing to get to know the area before actually living in Petersburg, Alaska. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. Finding the best places to live in Petersburg and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes cost of living, health & safety, education, housing and other important metrics.

With a livability score of 75 out of 100, Petersburg is ranked #3,176 in the United States and #8 in Alaska. This is a phenomenal score, as Petersburg ranks well in multiple categories! There are nine total categories that generate the livability score. Petersburg scores well for amenities (A-), crime (B-), education (B-), employment (B+) and housing (A-) Petersburg does not do well for the following: cost of living (D-). It might be a good idea to take a closer look at each category to find out why.

The mantra of real estate, "location, location, location," underscores the importance of where a property is situated, making it a pivotal factor in your quest for a new home. Fortunately, when you're living in Petersburg, you'll discover an abundance of exceptional local amenities and lots of things to do. Among these are conveniently located grocery stores, charming coffee shops, diverse dining options and plenty of spacious parks. These local amenities contribute significantly to its overall appeal, ensuring that your daily needs are met and offering ample opportunities for leisure and recreation. When considering your next move, the thriving local scene in Petersburg undoubtedly enhances its desirability, affirming the significance of its prime location.

Crime rates play a pivotal role in the decision-making process for anyone considering a move, as they directly influence the overall sense of safety, security and quality of life in a given location. Petersburg shines in this regard, earning exemplary ratings for its exceptionally low violent crime rates, standing at 60 crimes per 100,000 residents. These rates are notably below the national average, underscoring the community's commitment to safety and contributing to an enhanced quality of life.

The unemployment rate in Petersburg has consistently declined over the years and currently stands well below the national average at 2.25%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.

Finding affordable real estate and housing in Petersburg can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.

Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Petersburg. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Petersburg are affordable. Median real estate prices in Petersburg come in at $230,000, which is 10.5% lower than the Alaska average. The home price to income ratio compares the median home prices to the median household income. In Petersburg, the home price to income ratio is 3.3, which is 5.7% lower than the Alaska average.

Best Places to Live in and Around Petersburg

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Compare Petersburg, AK Livability

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      Petersburg transportation information

      Statistic Petersburg Alaska National
      Average one way commute9min19min26min
      Workers who drive to work53.3%68.1%76.4%
      Workers who carpool11.6%12.5%9.3%
      Workers who take public transit0.5%1.5%5.1%
      Workers who bicycle1.7%1.0%0.6%
      Workers who walk24.4%7.9%2.8%
      Working from home5.3%4.6%4.6%
      Source: The Petersburg, AK data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).