In Petersburg city, Virginia, rent on a two-bedroom takes about two in five dollars of the typical household's income

In Petersburg city, 42.0% of the median household's income would go to rent on a two-bedroom at HUD's fair market rent (HUD and Census Bureau, HUD rent fiscal year 2027; household income 2024). That is higher than in 99% of U.S. counties.

Data through Aug 2026 (mixed observation periods; HUD rent is an effective fiscal-year schedule)
County Distress Index Data through Aug 2026
1st
of 133 counties in Virginia
14th of 3,144 U.S. counties
99score /100

More distressed than 99% of U.S. counties.

What drives Petersburg city's score

In Petersburg city, collections and bankruptcy weighs most: the score for collections and bankruptcy is 98.8. Bankruptcy filings ran at 567.4 per 100,000 people (2025), higher than in 99% of U.S. counties. Late payments on loans come next, at 97.3.

The County Distress Index combines five things we measure for every county: jobs, late payments on loans, income and the safety net, collections and bankruptcy, and housing costs. Each gets a score from 0 to 100; the higher the score, the worse off the county is compared with others.

Petersburg city does better than most counties on one measure: people without health insurance (6.5%, 2020 to 2024).

The five parts count equally; together they hold 14 measures. Under each part, a bar shows where Petersburg city ranks among all 3,144 U.S. counties on that measure, as a percentile: the share of counties it is higher than. A longer bar means more trouble.

  • Collections and bankruptcy

    Biggest factor
    98.8 of 100

    Credit records, August 2025; bankruptcy filings, 2025

    • People with unpaid debt sent to a collector
      45.4% · August 2025
      98th percentile
    • Bankruptcy filings per 100,000 people
      567.4 · 2025
      99th percentile
  • Late payments

    97.4 of 100

    Credit records, August 2025; credit scores, Q4 2025

    • People with a car or retail loan behind
      12.8% · August 2025
      97th percentile
    • People with a credit card behind
      10.0% · August 2025
      94th percentile
    • People with a subprime credit score
      48.3% · Q4 2025
      99th percentile
  • Housing costs

    95.6 of 100

    HUD's fair market rents, fiscal year 2027; renters, 2020–24 Census survey

    • Rent on a two-bedroom as a share of the median income
      42.0% · fiscal year 2027
      99th percentile
    • Renters paying half their income or more in rent
      26.8% · 2020 to 2024
      91st percentile
  • Income and safety net

    79.8 of 100

    Poverty and income, 2024; disability and insurance, 2020–24 Census survey

    • Children below the poverty line
      33.2% · 2024
      95th percentile
    • People with a disability
      19.5% · 2020 to 2024
      77th percentile
    • Median household income (lower income, longer bar)
      $47,130 · 2024
      95th percentile
    • People below the poverty line
      23.3% · 2024
      94th percentile
    • People without health insurance
      6.5% · 2020 to 2024
      36th percentile
  • Jobs

    78.1 of 100

    Adults not working, 2020–24 Census survey; unemployment through Aug 2026

    • Adults 25 to 54 not working
      23.9% · 2020 to 2024
      68th percentile
    • Unemployment rate, 12-month average
      5.5% · Sep 2025 to Aug 2026
      88th percentile

Sources: U.S. Department of Housing and Urban Development Fair Market Rents and U.S. Census Bureau income; Census Bureau, American Community Survey; Urban Institute, Debt in America; Administrative Office of the U.S. Courts, Table F-5A; Equifax via the St. Louis Fed; U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics; Census Bureau, Small Area Income and Poverty Estimates. County Distress Index by American Default Research, from data through Aug 2026.

How Petersburg city has changed

Unemployment fell from 7.1% in 1990 to 5.0% in 2025.

MeasureThenNowSource
Jobs located in the countyBLS QCEW 1990 16,462 2024 11,753 BLS QCEW
Unemployment rateBLS LAUS 1990 7.1% 2025 5.0% BLS LAUS
People below the poverty lineCensus SAIPE 1989 24.3% 2024 23.3% Census SAIPE
Median household income (not adjusted for prices)Census SAIPE 1993 $22,685 2024 $47,130 Census SAIPE

Figures are as each agency published them, not adjusted for prices. We don't chart the distress score over time because it compares counties at one moment.

Dated events in Petersburg city's history

  1. Largest decennial census count

    The county's largest recorded population was the 1980 Census count of 41,055. The 2020 Census counted 33,458, 81% of the peak. Census Bureau

  2. 1748

    Incorporated as an independent city on December 17, 1748. Wikipedia

  3. 1984

    Tornado: $25 million in property damage. NOAA Storm Events Database

  4. 2025

    Flash flood: $4.76 million in property damage. NOAA Storm Events Database

  5. Since 1972

    16 federal disaster and emergency declarations have covered Petersburg city, 3 of them for flooding. FEMA

Storms are listed if they did $1 million or more in damage or killed someone.

Petersburg city beside its neighbors

Petersburg city scores higher than all four counties that border it.

CountyDistress scoreScoreRank in its state Poverty rateBenefit checks, share of incomeBenefit checks
Petersburg city, VA 99 1st of 133 23.3% —
Colonial Heights city, VA 78 31st of 133 9.6% —
Dinwiddie County, VA 74 37th of 133 10.1% —
Prince George County, VA 44 77th of 133 11.3% —
Chesterfield County, VA 37 89th of 133 7.1% 17.1%

Distress score: American Default Research, County Distress Index, data through Aug 2026; each county scored against all 3,144. Poverty rate: Census Bureau, Small Area Income and Poverty Estimates, 2024. Benefit checks: U.S. Bureau of Economic Analysis. Neighbors share a border, from Census county maps.

Is Petersburg city the poorest county in Virginia?

No, Petersburg city's poverty rate was 23.3% in 2024, 6th highest of 133 in Virginia (U.S. Census Bureau, Small Area Income and Poverty Estimates). By that measure the poorest county in the state is Radford city, at 27.2%. On our distress index, which counts more than poverty, Petersburg city ranks 1st of 133 in the state.

Petersburg city in photographs

Places in Petersburg city from Wikimedia Commons, each captioned in its photographer's own words.

The Oak Antique Mall on North Sycamore Avenue, as seen from Bollingbrook Street in Downtown Petersburg, Virginia

The Oak Antique Mall on North Sycamore Avenue, as seen from Bollingbrook Street in Downtown Petersburg, Virginia.

Photo: Ken Lund from Las Vegas, Nevada, USA via Wikimedia Commons, CC BY-SA 2.0

Petersburg city, Virginia: common questions

What is the poverty rate in Petersburg city, Virginia?

23.3% in 2024, according to the U.S. Census Bureau, Small Area Income and Poverty Estimates: about one in four people. Among children it was 33.2%.

Is Petersburg city the poorest county in Virginia?

No, Petersburg city's poverty rate was 23.3% in 2024, 6th highest of 133 in Virginia (U.S. Census Bureau, Small Area Income and Poverty Estimates). By that measure the poorest county in the state is Radford city, at 27.2%. On our distress index, which counts more than poverty, Petersburg city ranks 1st of 133 in the state.

How is the County Distress Index calculated?

We rank every U.S. county on 14 federal measures of money trouble, grouped into five equally weighted parts, and average them. The published score is the share of the other 3,143 counties with a lower average. The methodology lists every measure and its source.

If you're behind on your mortgage in Petersburg city

A U.S. Department of Housing and Urban Development-approved housing counselor works at a nonprofit agency approved by the U.S. Department of Housing and Urban Development. The counseling to avoid foreclosure is free, and a counselor can help you talk to your mortgage company and understand what it offers, according to the Consumer Financial Protection BureauSourceCFPB.

Virginia foreclosure guide →

The score, its 14 measures and their sources, in one file. Free to use with credit to American Default Research.

Download the CSV for Petersburg city · Every U.S. county (CSV)

Cite this Petersburg city, Virginia, scores 99 on the County Distress Index (data through Aug 2026): more distressed than 99% of U.S. counties · American Default Research · americandefault.org/counties/virginia/petersburg-city-va/

Sources and method

  • American Default Research · County Distress Index Data through Aug 2026, built from HUD Fair Market Rents and Census income; Census Bureau, American Community Survey; Urban Institute, Debt in America; U.S. Courts, Table F-5A; Equifax via the St. Louis Fed; Bureau of Labor Statistics, Local Area Unemployment Statistics; Census Bureau, Small Area Income and Poverty Estimates. Our methodology
  • History The agencies named in each row and the linked records above.