Petersburg city, VA
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 37.20, -77.39.
Assembled 2026-10-19. Read the brief.
- 36th pct · 1,935th of 3,063 US counties · median $230,451
- 21st pct · 105th of 133 Virginia counties · median $309,231
- 6th pct · 16th of 17 counties in the Richmond metro · median $352,179
- 31st pct · 2,103rd of 3,062 US counties · median +2.9%
- 15th pct · 113th of 133 Virginia counties · median +2.8%
- 12th pct · 15th of 17 counties in the Richmond metro · median +3.0%
- 37th pct · 854th of 1,358 US counties · median $1,506
- 14th pct · 61st of 71 Virginia counties · median $1,806
- 11th pct · 9th of 10 counties in the Richmond metro · median $1,691
- 59th pct · 1,308th of 3,221 US counties · median 8,232
- 59th pct · 54th of 133 Virginia counties · median 9,944
- 62nd pct · 7th of 17 counties in the Richmond metro · median 9,487
- 59th pct · 1,299th of 3,221 US counties · median $1,039
- 53rd pct · 62nd of 133 Virginia counties · median $1,048
- 31st pct · 12th of 17 counties in the Richmond metro · median $1,211
- 32nd pct · 2,062nd of 3,063 US counties · median 4.2
- 18th pct · 109th of 133 Virginia counties · median 5.4
- 12th pct · 15th of 17 counties in the Richmond metro · median 4.8
Typical home value divided by the average annual wage of one covered job.
A percentile here is a min-max scaling of average rank: the smallest published value in the cohort is 0 and the largest is 100, and tied values share the average of the ranks they span. It is not the share of entities below the value, so 0 means smallest, not none below. Entities that did not publish the metric are outside the cohort entirely and are counted in neither the rank nor its denominator.
Home values #
Typical home $196,761 (Sep 2026), +1.2% over one year, +68.4% over five
- 36th pct · 1,935th of 3,063 US counties · median $230,451
- 21st pct · 105th of 133 Virginia counties · median $309,231
- 6th pct · 16th of 17 counties in the Richmond metro · median $352,179
| Item | Value | Distance |
|---|---|---|
| Petersburg city, VA | $196,761 · +1.2% 1-yr |
Zillow Home Value Index (ZHVI), typical value of homes in the 35th to 65th percentile, smoothed and seasonally adjusted; a model estimate of value, not a sale price. Data through Zillow Research.
Rents #
Typical rent $1,365/mo (Sep 2026), +4.1% over one year; price-to-rent 12.0
- 37th pct · 854th of 1,358 US counties · median $1,506
- 14th pct · 61st of 71 Virginia counties · median $1,806
- 11th pct · 9th of 10 counties in the Richmond metro · median $1,691
| Item | Value | Distance |
|---|---|---|
| Petersburg city, VA | $1,365/mo · +4.1% 1-yr |
Zillow Observed Rent Index (ZORI), smoothed, all homes and multifamily; price-to-rent = typical home / (typical rent × 12).
What the typical home costs to carry #
Principal and interest of $1,090 a month on $196,761 at 7.40%, against an average weekly wage worth $4,706 a month: 23.2% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $196,761 × 80% = $157,409, r = 7.40%/12 (Freddie Mac PMMS via FRED, 2026-10-15), n = 360 → $1,090/mo principal and interest
- wage share = payment / (avg weekly wage $1,086 × 52 / 12 = $4,706) = 23% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $196,761 / ($1,086 × 52) = 3.5
- price-to-rent = $196,761 / ($1,365 × 12) = 12.0
The wage is one covered job’s average, not a household’s income, so this is the share of a single paycheque and not a mortgage underwriting ratio.
Estimate. Principal and interest on the typical home with 20% down over 30 years at this week's Freddie Mac average rate; compared with the average weekly wage of all jobs covered by unemployment insurance in the area (BLS QCEW), which is pay per job, not household income.
Jobs & wages #
12,172 jobs at 1,039 employers (2026 Q1); +2.8% jobs and +4.0% average weekly wage over the year
- 59th pct · 1,308th of 3,221 US counties · median 8,232
- 59th pct · 54th of 133 Virginia counties · median 9,944
- 62nd pct · 7th of 17 counties in the Richmond metro · median 9,487
| Item | Value | Distance |
|---|---|---|
| Petersburg city, VA | 12,172 jobs · $1,086/wk · +2.8% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Health care and social assistance | 3,699 | $1,222 | 2.02 | -4.2% |
| Retail trade | 1,179 | $640 | 0.99 | -0.7% |
| Manufacturing | 918 | $1,580 | 0.94 | -5.6% |
| Administrative and waste services | 672 | $780 | 0.97 | -6.7% |
| Other services | 527 | $805 | 1.45 | -1.3% |
| Wholesale trade | 296 | $1,541 | 0.63 | -3.0% |
| Real estate and rental | 138 | $1,382 | 0.74 | +16.9% |
| Finance and insurance | 108 | $1,558 | 0.22 | -9.2% |
| Educational services | 91 | $771 | 0.35 | +0.0% |
| Agriculture, forestry, fishing | withheld | |||
| Utilities | withheld | |||
| Construction | withheld |
BLS Quarterly Census of Employment and Wages, all ownerships, total covered employment in the quarter's third month; over-the-year changes as published. Suppressed cells stay blank.
Drought #
No drought class at this point (USDM covers the United States only)
Sites found: 5, searched within 0 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 0 km away are not.
US Drought Monitor current week; the highest class of any polygon containing the point.
Reservoirs #
Surface water layer not loaded
Sites found: 0, searched within 150 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 150 km away are not.
Σ(capacity × percent full) / Σ capacity over TWDB reservoirs within 150 km. Texas only; elsewhere USGS reservoir elevation/storage is listed without a capacity to normalise by.
Stream gauges #
Surface water layer not loaded
Sites found: 0, searched within 75 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 75 km away are not.
USGS latest readings screened against EPA freshwater criteria (DO ≥ 5 mg/L, pH 6.5–9, conductance, turbidity, temperature); NWS flood categories where a NWPS gauge is co-located.
Groundwater #
No USGS monitoring wells within 75 km (or above 1,500 km)
Sites found: 0, searched within 75 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 75 km away are not.
USGS latest daily water levels. A single latest reading says where the table is, not which way it is moving; select a well for its 365-day trace.
Water stress #
low (0.00)
Σ wᵢ·termᵢ / Σ wᵢ = 0.35×0.00 / 0.35
Banks & federal dollars #
$437.0 m in deposits at 6 offices of 5 banks (SOD June 2026); HHI 2,619, highly concentrated. $319.4 m federal obligations in FY2026 (direct payments $280.1 m, grants $20.3 m), $26,241 per covered job
| Item | Value | Distance |
|---|---|---|
| Truist Bank | $155.4 m · 35.6% share · 2 offices | |
| Wells Fargo Bank, National Association | $127.4 m · 29.2% share · 1 office | |
| Bank of America, National Association | $82.2 m · 18.8% share · 1 office | |
| Petersburg (City), VA | $319.4 m FY2026 · $26,241/job | |
| MULTIPLE RECIPIENTS | $242.9 m · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| Truist Bank | $155,375,000 | 35.6% | 2 |
| Wells Fargo Bank, National Association | $127,402,000 | 29.2% | 1 |
| Bank of America, National Association | $82,168,000 | 18.8% | 1 |
| The Bank of Southside Virginia | $47,941,000 | 11.0% | 1 |
| Blue Ridge Bank, National Association | $24,073,000 | 5.5% | 1 |
Deposit concentration is 2,619 across 5 banks, which the 1995 Department of Justice bank merger screen calls highly concentrated.
HHI = Σ (share %)² over 5 banks with deposits in the county = 35.6² + 29.2² + 18.8² + … (2 more) = 2,619
FDIC Summary of Deposits: deposits at every insured office as of June 30, annual; HHI is the sum of squared county deposit shares (DOJ 1995 bank merger screen: 1000 / 1800). USAspending: obligations by place of performance for the latest complete federal fiscal year (Oct 1 to Sep 30), what agencies committed, not what they paid out; recipients are legal entities. Per-job divides obligations by BLS QCEW covered employment.
Federal obligations #
USAspending place-of-performance obligations for FY2026, by awarding agency.
| Awarding agency | Obligations |
|---|---|
| Social Security Administration | $163,643,359 |
| Department of Veterans Affairs | $78,417,035 |
| Department of Education | $33,345,170 |
| Department of Defense | $19,346,088 |
| Department of Housing and Urban Development | $15,675,854 |
| Department of Transportation | $5,606,935 |
| National Science Foundation | $1,330,002 |
| Department of Commerce | $1,031,000 |
| Railroad Retirement Board | $773,642 |
| Department of Agriculture | $113,307 |
| Department of Health and Human Services | $75,000 |
| Department of the Interior | $45,000 |
That is $26,241 per covered job, against 12,172 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $319.4 m / 12,172 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $26,241
USAspending obligations are recorded where the work is performed, so a prime award performed here is counted here even when the recipient is headquartered elsewhere. Recipients are legal entities, never people.
National context, not this county #
These are United States, single-gauge, single-state and port series. None of them is keyed to this county.
| Series | Latest | As of | Change |
|---|---|---|---|
| Mississippi River at Memphis, stage · ft | not published | not published | |
| Mississippi River at St. Louis, stage · ft | not published | not published | |
| Ohio River at Louisville, stage · ft | 17.95 | 2026-10-18 | -2.6% |
| Missouri River at St. Joseph, stage · ft | not published | not published | |
| Colorado River below Hoover Dam, flow (Hoover releases) · ft³/s | 5,170.00 | 2026-02-05 | -25.3% |
| Texas reservoirs, statewide percent full · % | 73.84 | 2026-10-19 | not published |
| Laredo truck crossings, monthly · trucks | 258,700.00 | 2026-08-01 | -0.4% |
| Los Angeles + Long Beach container volume, annual · TEU | 10,513,167.00 | 2023-01-01 | -13.5% |
| Containerships waiting for a berth, all US ports · ships | 7.00 | 2026-10-13 | +133.3% |
| Shanghai to Los Angeles container rate · $ per 40 ft box | 7,848.00 | 2026-09-01 | +14.9% |
| US diesel retail price · $ per gallon | unavailable | not published | |
| WTI crude oil, spot · $ per barrel | 101.91 | 2026-10-14 | +1.0% |
| 30-year fixed mortgage rate · % | 7.40 | 2026-10-15 | +0.0% |
| Housing starts, annual rate · thousands of units | 1,275.00 | 2026-08-01 | -2.6% |
| Building permits, annual rate · thousands of units | 1,403.00 | 2026-08-01 | -2.1% |
| Case-Shiller US home price index · index, Jan 2000 = 100 | 337.31 | 2026-07-01 | +0.1% |
| Unemployment rate · % | 4.20 | 2026-09-01 | +2.4% |
| US goods and services trade balance, monthly · $ millions | -105,572.00 | 2026-08-01 | -13.7% |
| Retail sales excluding food services, monthly · $ millions | 652,115.00 | 2026-09-01 | +0.7% |
The indicator registry has no county-keyed series and no geographic selection: every entry is national, a named gauge, a single state or a port. They are here as the backdrop the county's own numbers move against, and they are never this county's readings.
What changed #
Petersburg city, VA: 11 findings, 11 noted
notePetersburg city, VA's average weekly wage was 4.0% higher than the same quarter a year earlier in 2026 Q1, on BLS QCEW's published over-the-year change.
Period 2026 Q1.Show the arithmetic
- +4 % = BLS QCEW over-the-year percent change for 2026 Q1, as published
- the newest QCEW file carries no year-earlier level, so no move from one level to another is printed
BLS QCEW over-the-year percent change, as published
notePetersburg city, VA's covered employment was 2.8% higher than the same quarter a year earlier in 2026 Q1, on BLS QCEW's published over-the-year change.
Period 2026 Q1.Show the arithmetic
- +2.8 % = BLS QCEW over-the-year percent change for 2026 Q1, as published
- the newest QCEW file carries no year-earlier level, so no move from one level to another is printed
BLS QCEW over-the-year percent change, as published
notePetersburg city, VA's typical asking rent fell 0.9% from $1,378 in August 2026 to $1,365 in September 2026, on Zillow ZORI.
Period 2026-09.Show the arithmetic
- -0.9% = (1365.2962962962963 - 1377.5692054012777) / 1377.5692054012777 × 100
- 1365.2962962962963 = Zillow ZORI, 2026-09
- 1377.5692054012777 = Zillow ZORI, 2026-08
notePetersburg city, VA's typical home value rose 0.3% from $196,097 in August 2026 to $196,761 in September 2026, on Zillow ZHVI.
Period 2026-09.Show the arithmetic
- +0.3% = (196760.7771451764 - 196097.40255686562) / 196097.40255686562 × 100
- 196760.7771451764 = Zillow ZHVI, 2026-09
- 196097.40255686562 = Zillow ZHVI, 2026-08
notePetersburg city, VA's price-to-rent ratio of 12.0 ranks 10th of 10 counties in the Richmond metro, against a median of 18.6.
Period 2026-09.Show the arithmetic
- 0 on the 0-to-100 scale across 10 counties in the Richmond metro that published priceToRent
- typical home value / (typical rent × 12); Zillow ZHVI over ZORI, same month
position among the entities that published this metric this period; not an official level
Read all 11 findings in the full brief
Every finding is produced by a fixed rule table and a fixed sentence for each rule. Nothing here is generated prose.