Petersburg has the 958th largest population in the United States. The population grew by 0.2% from 2010 to 2015, which was faster than the national average. Petersburg is part of the Richmond metro area. Unemployment in the Richmond area is 3%, which is lower than the national average, and is getting better. Richmond has the 46th largest local economy in the US, and a low cost of living. The average pay for jobs in Petersburg is below average at $47,880, and the median cost of a home in Petersburg is $114,100, which is below the national average. 14% of workers in Petersburg hold a bachelors degree or higher (above average), and 76% of workers have a high school degree (above average). Driving to work is especially common in Petersburg. 77% of Petersburg workers drive to work alone, 1% take public transit, 14% carpool, and 6% walk. People in Petersburg spend an average of 22 minutes commuting to work, which is shorter than the national average of 26 minutes.