Petersburg Borough, Alaska
Income Data
At a Glance
How Petersburg Borough Compares
Detailed Income Statistics
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
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County median: $77,026 per year
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.