Petersburg Borough, Alaska

Income Data

-3% vs. Alaska average
$77,026
Median Household Income
$42,380
Per Capita Income

At a Glance

Median Household Income
$77,026
-3% vs. state avg
Per Capita Income
$42,380
+7% vs. national
Income-to-Housing Ratio
25.6%
income as % of home value
Rank in Alaska
#17 / 30
by median household income

How Petersburg Borough Compares

Petersburg Borough$77,026
Alaska Average$79,407
National Median$74,755

Detailed Income Statistics

$77,026
Median Household Income
$42,380
Per Capita Income
$301,300
Median Home Value
25.6%
Income-to-Housing Ratio

Data Story

About Household Income in Petersburg Borough, Alaska

Petersburg slightly above U.S. median income

Petersburg's median household income of $77,026 exceeds the U.S. median of $74,755 by 3%, placing it squarely in the middle-to-upper-middle class nationally. The per capita income of $42,380 is close to Alaska's state average of $42,832, suggesting relatively balanced earning distribution.

Middle-to-upper income tier in Alaska

Petersburg ranks in Alaska's upper-middle tier with a median household income of $77,026, 3% below the state average of $79,407. The borough's per capita income of $42,380 is nearly identical to the state average, indicating typical income distribution patterns for Alaska communities.

Strong earnings in Southeast Alaska

Petersburg's $77,026 income exceeds Prince of Wales-Hyder ($59,079) by $18,000, positioning it as a Southeast Alaska economic leader. The borough's fishing and timber heritage supports wage levels competitive with Nome Census Area ($76,643) and other regional peers.

Housing is pricey relative to income

At 18.8%, Petersburg's rent-to-income ratio is moderate, but the median home value of $301,300 is the second-highest in Alaska—reflecting Southeast real estate premiums. Households here must carefully budget for housing costs that consume nearly one-fifth of income.

Strategic saving for Petersburg prosperity

With median income of $77,026, aim to save 12-15% monthly for retirement and emergency funds, adjusted downward if housing costs dominate your budget. Explore employer pension plans common in fishing and resource industries, and consider geographic diversification of investment holdings.

Frequently Asked Questions

What is the median household income in Petersburg Borough, Alaska?
The median household income in Petersburg Borough, Alaska is $77,026, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Petersburg Borough?
The per capita income in Petersburg Borough is $42,380, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $77,026.
How does Petersburg Borough compare to the Alaska average?
Petersburg Borough's median household income of $77,026 is lower than the Alaska state average of $79,407. The per capita income is $42,380, compared to the state average of $42,832.
What is the per capita income in Petersburg Borough, Alaska?
The per capita income in Petersburg Borough, Alaska is $42,380, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Is Petersburg Borough a low-income area in Alaska?
Petersburg Borough's median household income of $77,026 is below the Alaska average of $79,407. The per capita income of $42,380 is also lower than the state average of $42,832. Lower incomes can reflect the local economic base, rural vs. urban location, and employment opportunities available in the area.
How does Petersburg Borough rank for income in Alaska?
Petersburg Borough ranks #17 out of 30 counties in Alaska by median household income (1 = highest). With a median household income of $77,026 and per capita income of $42,380, it falls in the middle third of counties statewide.

Income Comparison Calculator

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County median: $77,026 per year

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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.