Income & Economy in Petersburg city, VA (23803)
Median Income
$55,820
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+2,358
Wealth inflow
Population
41,794
Unemployment
11.2%
7.5pp above US avg
IRS migration statistics show a net inflow of about 2,358 for ZIP 23803 (Petersburg city, VA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 23803 (2020–Present)
Since 2020, population grew 10.2%, median income fell 0.6% (inflation-adjusted), home values increased 17.2%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $55,820 |
| Unemployment | 11.2% |
| Establishments | 670 |
| Employees | 9,194 |